TOTAL VOLUME:

$134b

24H VOL:

$107,351,958

24H TRANSACTIONS:

2,388,728,490

OPEN INTEREST:

$1,416,970,024

400,720

Markets across

30,097

events

MATCHED EVENTS:

2,633

PLATFORM COVERAGE:

5

Polymarket:

39%

VS.

Kalshi:

61%

BETA
Dashboards
Tour
All
Other
SPY (SPY) Up or Down on August 31?
polymarket

SPY (SPY) Up or Down on August 31?

Volume:
$38,697

SPY (SPY) Up or Down on August 31?

 - Polymarket

SPY (SPY) Up or Down on August 31? - Polymarket

1W

News

Positive

Negative

Neutral

Hover marker for details

Vol.

·

Resolved Aug 31, 2026

Closed: Aug 31, 4:20 PM EST

polymarket

Polymarket

View
Outcome
Trade
Chance %
Price
Spread
Liquidity
Volume
24h
7d
Open Interest
Ends in
Result
polymarket

SPY (SPY) Up or Down on August 31?

View
0%
77%
Yes 0¢No 100¢
—
N/A
$38,697
N/A
N/A
N/A
Settled
Yes
Total markets: 1

Description

This market will resolve to "Up" if the Close price for S&P 500 (SPY) on August 31, 2026 is higher than the Close price for S&P 500 (SPY) on the most recent prior trading day. This market will resolve to "Down" if the Close price for S&P 500 (SPY) on August 31, 2026 is lower than the Close price for S&P 500 (SPY) on the most recent prior trading day. E.g., ordinarily, a market on Monday would refer to the previous Friday for its most recent closing price, unless that Friday were a market holiday, in which case it would refer to Thursday, or the next most recent trading day. If the two specified closing prices are exactly equal, this market will resolve 50-50. Closing prices will be used exactly as published by Pyth, without rounding. If S&P 500 (SPY) does not trade at all during the regular session, the market will resolve 50-50. For a standard full trading session, the closing price refers to the Pyth "Close" value of the 1-minute candle corresponding to the final minute of regular trading hours on the primary exchange. If either of the relevant days has no valid Pyth Close value for the 1-minute candle corresponding to the end of regular trading hours on the primary exchange, the market will use the last valid Pyth price achieved during the regular trading hours of the primary exchange as the effective closing price. If no valid Pyth price exists for that trading day due to a system outage, data failure, or other technical disruption, the official closing price published by the primary exchange on which the listed security trades will be used to determine the closing price for that day. Only prices achieved during the regular trading hours of the primary exchange on which the listed security trades (typically 9:30 AM – 4:00 PM ET) will be considered. In the event of a stock split, reverse stock split, or similar corporate action affecting the listed security during the listed time frame, this market will resolve based on split-adjusted prices as displayed on Pyth. The resolution source for this market will be Pyth, specifically the "Close" values for the relevant 1-minute candle available at https://pythdata.app/explore/Equity.US.SPY%2FUSD. Historical 1-minute candles may be accessed by appending a Unix timestamp (seconds) to the Pyth chart URL using the "t=" parameter. Any timestamp within the listed market time frame may be used to view the relevant candle data (e.g., https://pythdata.app/explore/Equity.US.SPY%2FUSD?t=1773432000).

Polymarket

This market will resolve to "Up" if the Close price for S&P 500 (SPY) on August 31, 2026 is higher than the Close price for S&P 500 (SPY) on the most recent prior trading day. This market will resolve to "Down" if the Close price for S&P 500 (SPY) on August 31, 2026 is lower than the Close price for S&P 500 (SPY) on the most recent prior trading day. E.g., ordinarily, a market on Monday would refer to the previous Friday for its most recent closing price, unless that Friday were a market holiday, in which case it would refer to Thursday, or the next most recent trading day. If the two specified closing prices are exactly equal, this market will resolve 50-50. Closing prices will be used exactly as published by Pyth, without rounding. If S&P 500 (SPY) does not trade at all during the regular session, the market will resolve 50-50. For a standard full trading session, the closing price refers to the Pyth "Close" value of the 1-minute candle corresponding to the final minute of regular trading hours on the primary exchange. If either of the relevant days has no valid Pyth Close value for the 1-minute candle corresponding to the end of regular trading hours on the primary exchange, the market will use the last valid Pyth price achieved during the regular trading hours of the primary exchange as the effective closing price. If no valid Pyth price exists for that trading day due to a system outage, data failure, or other technical disruption, the official closing price published by the primary exchange on which the listed security trades will be used to determine the closing price for that day. Only prices achieved during the regular trading hours of the primary exchange on which the listed security trades (typically 9:30 AM – 4:00 PM ET) will be considered. In the event of a stock split, reverse stock split, or similar corporate action affecting the listed security during the listed time frame, this market will resolve based on split-adjusted prices as displayed on Pyth. The resolution source for this market will be Pyth, specifically the "Close" values for the relevant 1-minute candle available at https://pythdata.app/explore/Equity.US.SPY%2FUSD. Historical 1-minute candles may be accessed by appending a Unix timestamp (seconds) to the Pyth chart URL using the "t=" parameter. Any timestamp within the listed market time frame may be used to view the relevant candle data (e.g., https://pythdata.app/explore/Equity.US.SPY%2FUSD?t=1773432000).

Frequently asked questions

On Polymarket, the SPY direction market dashboard tracks real-time odds and price history for this prediction, along with 24-hour volume of $36,175. It shows how traders on Polymarket are positioning around the likelihood of the SPY moving up or down by Aug 31, 2026, giving you a live snapshot of market sentiment and activity for the SPY direction market.

On Polymarket, this market uses a decentralized betting pool where traders buy 'Up' or 'Down' contracts. On Polymarket, prices reflect that venue's order book, liquidity, and how traders price the outcome right now. The current probability reflects the ratio of 'Up' to 'Down' shares held, adjusted for liquidity and trader activity. As trading volume grows, the price may shift based on new bets and market sentiment. Traders can influence the odds by placing larger orders, especially if they reveal new information or shift perceptions about the likely direction of the SPY on Aug 31, 2026.

This market resolves around Aug 31, 2026, with the outcome confirmed once the event is verifiable from credible public reporting. The final result will be determined by the SPY’s closing price on that day, providing a clear, objective basis for settlement on Polymarket.

Several signals could impact this market before Aug 31, 2026. Major economic reports, Federal Reserve announcements, or unexpected market volatility may shift trader expectations about the SPY's performance. Earnings season for large-cap stocks, geopolitical developments, or sudden shifts in investor sentiment could also cause rapid price changes. Additionally, technical analysis levels or key support/resistance points reached by the SPY may influence short-term trading flows and thus the market odds.