TOTAL VOLUME:
$134b
24H VOL:
$103,397,351
24H TRANSACTIONS:
2,388,728,490
OPEN INTEREST:
$1,410,176,180
399,592
Markets across
30,097
events
MATCHED EVENTS:
2,622
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 / Norwegian Krone (USD/NOK) 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 / Norwegian Krone (USD/NOK) price feed page: https://pythdata.app/explore/FX.USD%2FNOK. 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 / Norwegian Krone (USD/NOK) 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 / Norwegian Krone (USD/NOK) price feed page: https://pythdata.app/explore/FX.USD%2FNOK. UMA resolvers should verify against the Pyth-published prices for the relevant 5:00 PM ET timestamps.
Prediction market odds reflect real-money trader conviction and often diverge from traditional analyst consensus. While financial institutions and currency strategists publish forecasts based on economic data, interest rates, and geopolitical factors, this market aggregates the collective judgment of participants who have direct financial incentive to be accurate. Comparing the market's implied probability to published analyst views on USD/NOK direction can reveal where professional opinion and crowd sentiment align or diverge, offering a useful cross-check on directional bias.
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 converts trader bets into real-time probabilities for each outcome. Buyers and sellers trade shares representing "up" or "down" outcomes, and the ratio of shares outstanding determines the odds. As new trades flow in, the price adjusts continuously, so the current odds you see reflect the latest consensus among active traders on the platform.
This market resolves around Jul 13, 2026, with the outcome confirmed once the event is verifiable from credible public reporting. The result will be determined by whether the USD/NOK exchange rate closes higher or lower on that date compared to its opening level. Once the market closes, traders who backed the correct outcome receive their payout, while the opposing side forfeits their stake.
Major catalysts for USD/NOK movement include Federal Reserve policy announcements, Norwegian central bank decisions, and shifts in oil prices—since Norway's economy is heavily tied to energy exports. Broader dollar strength or weakness driven by US inflation data, employment reports, or geopolitical developments can also swing the pair. Economic surprises in either country, changes in interest rate differentials, and risk sentiment swings will likely trigger repricing in this market as traders reassess the probability of an up or down close.