TOTAL VOLUME:
$134.2b
24H VOL:
$130,522,377
24H TRANSACTIONS:
2,388,728,490
OPEN INTEREST:
$1,438,389,636
404,028
Markets across
30,214
events
MATCHED EVENTS:
2,681
PLATFORM COVERAGE:
5
Polymarket:
39%
VS.
Kalshi:
61%
Closed: Jun 16, 5:00 PM EST
Kalshi
This market tracks the Shiba Inu (SHIB) cryptocurrency price at 5 PM EDT on June 16, 2026. Traders can bet on whether SHIB will trade above various price levels, ranging from $0.000000001 to $0.0000135. The price is determined by averaging 60 seconds of CF Benchmarks' real-time index data.
The market resolves based on the simple average of 60 seconds of CF Benchmarks' Shiba Inu-Dollar Spot Rate (SHIBUSD_RTI) prices collected immediately before 5 PM EDT on June 16, 2026. Each outcome specifies a price threshold; if the average price exceeds that threshold, the market resolves to Yes. At the last minute before expiration, 60 RTI prices are collected and averaged to determine the official final value. If data is unavailable or incomplete, affected strikes resolve to No.
Prediction market odds reflect what informed traders believe SHIB will be worth at settlement, which often diverges from current spot prices due to time horizon and risk factors. While spot markets price the token based on immediate supply and demand, this market embeds forward-looking sentiment about adoption, regulatory developments, and broader crypto market conditions over the next 18+ months. Comparing odds to today's price reveals whether the crowd expects appreciation or depreciation. Analysts and polls may offer different forecasts, but prediction markets typically incorporate a wider range of real-money incentives, making them a distinct barometer of collective expectation.
On Kalshi, this market is priced through an order-book mechanism where traders buy and sell shares corresponding to different SHIB price ranges or outcomes. On Kalshi, prices reflect that venue's order book, liquidity, and how traders price the outcome right now. Each contract reflects the probability traders assign to a specific price band at the June 16, 2026 settlement time. The bid-ask spread tightens as volume increases, and prices adjust continuously as new information and trades flow in. Traders profit by correctly predicting which price range SHIB will occupy, with payouts determined by the final verified price at the designated moment.
This market resolves around Jun 16, 2026, with the outcome confirmed once the event is verifiable from credible public reporting. The settlement hinges on establishing SHIB's price at exactly 5pm EDT on that date, sourced from widely recognized cryptocurrency data providers. Once the price is locked in, payouts are distributed to traders who held the correct outcome. The specificity of the time window ensures clarity and minimizes disputes, allowing the market to settle fairly and transparently.
Major catalysts for this market include regulatory announcements affecting Shiba Inu or the broader crypto sector, shifts in Bitcoin and Ethereum prices, developments in the Shib ecosystem (such as Shibarium upgrades or partnerships), and macroeconomic events influencing risk appetite. Whale transactions, exchange listings or delistings, and social media momentum can also drive short-term volatility. Longer-term factors include adoption metrics, developer activity, and competitive pressures from other layer-2 tokens. Traders monitor on-chain metrics, community sentiment, and market structure to adjust positions ahead of the June 2026 settlement date.