TOTAL VOLUME:
$134.2b
24H VOL:
$126,324,530
24H TRANSACTIONS:
2,388,728,490
OPEN INTEREST:
$1,434,646,834
406,019
Markets across
30,401
events
MATCHED EVENTS:
2,689
PLATFORM COVERAGE:
5
Polymarket:
39%
VS.
Kalshi:
61%
Closed: Jul 13, 5:00 PM EST
Polymarket
This market will resolve to "Up" if the Pyth-published price for US Dollar / Mexican Peso (USD/MXN) at 5:00 PM ET on July 13, 2026 is higher than or equal to the Pyth-published price at 5:00 PM ET on the most recent prior trading day. Otherwise, this market will resolve to "Down". E.g., ordinarily, a market on Monday would refer to the previous Friday for its reference price, unless that Friday were a market holiday, in which case it would refer to the next most recent trading day. If no Pyth-published price is available at exactly 5:00 PM ET on a relevant day — whether due to normal feed timing, a system outage, data failure, or other technical disruption preventing verification — the most recent valid Pyth-published price prior to that day's 5:00 PM ET cutoff will be used; if no valid Pyth price exists for that day at all, the most recent prior day on which a valid Pyth price was published will be used in its place. The resolution source for this market is Pyth, specifically the US Dollar / Mexican Peso (USD/MXN) price feed page: https://pythdata.app/explore/FX.USD%2FMXN. UMA resolvers should verify against the Pyth-published prices for the relevant 5:00 PM ET timestamps.
This market will resolve to "Up" if the Pyth-published price for US Dollar / Mexican Peso (USD/MXN) at 5:00 PM ET on July 13, 2026 is higher than or equal to the Pyth-published price at 5:00 PM ET on the most recent prior trading day. Otherwise, this market will resolve to "Down". E.g., ordinarily, a market on Monday would refer to the previous Friday for its reference price, unless that Friday were a market holiday, in which case it would refer to the next most recent trading day. If no Pyth-published price is available at exactly 5:00 PM ET on a relevant day — whether due to normal feed timing, a system outage, data failure, or other technical disruption preventing verification — the most recent valid Pyth-published price prior to that day's 5:00 PM ET cutoff will be used; if no valid Pyth price exists for that day at all, the most recent prior day on which a valid Pyth price was published will be used in its place. The resolution source for this market is Pyth, specifically the US Dollar / Mexican Peso (USD/MXN) price feed page: https://pythdata.app/explore/FX.USD%2FMXN. UMA resolvers should verify against the Pyth-published prices for the relevant 5:00 PM ET timestamps.
Prediction market odds often diverge from traditional analyst forecasts because they aggregate real-money bets from thousands of traders rather than relying on a small group of experts. In currency markets, this crowd-sourced approach can capture fast-moving sentiment about interest-rate differentials, inflation expectations, and trade dynamics that formal models lag behind. Analysts typically publish quarterly or monthly outlooks, whereas this market reprices continuously as new data emerges. When major economic reports drop or central banks signal policy shifts, prediction markets often adjust faster than consensus forecasts.
On Polymarket, prices reflect that venue's order book, liquidity, and how traders price the outcome right now. On Polymarket, this market is priced through an automated market maker that adjusts odds based on order flow and trader activity. Each outcome—dollar up or down—has a corresponding share price between 0 and 100 cents, reflecting the probability traders assign to that result. As more capital flows into one side, the price of that outcome rises and the opposing outcome falls. This continuous repricing mechanism ensures liquidity and allows traders to enter or exit positions throughout the event window.
This market resolves around Jul 13, 2026, at which point the outcome is confirmed against credible public sources reporting the USD/MXN exchange rate. The resolution hinges on whether the peso strengthened or weakened relative to the dollar on that specific date. Once the event is verifiable from established financial data providers, the market settles and winning positions are paid out. Traders should monitor official exchange-rate announcements and currency-market closes to anticipate the likely resolution direction.
Several catalysts can shift odds in this market before Jul 13, 2026. U.S. Federal Reserve communications about interest rates or inflation will influence dollar demand, as higher U.S. rates typically strengthen the currency. Mexican economic data—employment, inflation, or central bank policy announcements—directly affects peso valuation. Trade tensions, geopolitical developments, and commodity prices (especially oil, a major Mexican export) also matter. Unexpected economic surprises or central bank interventions in either country can trigger sharp repricing as traders reassess currency fundamentals.