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 10, 5:00 PM EST
Polymarket
This market will resolve to "Up" if the Pyth-published price for US Dollar / Swedish Krona (USD/SEK) at 5:00 PM ET on July 10, 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 / Swedish Krona (USD/SEK) price feed page: https://pythdata.app/explore/FX.USD%2FSEK. 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 / Swedish Krona (USD/SEK) at 5:00 PM ET on July 10, 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 / Swedish Krona (USD/SEK) price feed page: https://pythdata.app/explore/FX.USD%2FSEK. 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 reflect real-money incentives and crowd wisdom rather than single-point estimates. While financial analysts may publish target levels or directional views on currency pairs, this market aggregates the beliefs of many traders betting their own capital. Analysts typically focus on longer-term trends and macroeconomic fundamentals, whereas prediction markets price in near-term catalysts and sentiment shifts. Comparing the two reveals whether professional consensus aligns with market-implied probabilities on the specific July 10 outcome.
On Polymarket, traders set the odds through an automated market maker (AMM) mechanism, where buying or selling shares directly moves the price. On Polymarket, prices reflect that venue's order book, liquidity, and how traders price the outcome right now. Each outcome—up or down—is represented as a tradable contract, and the current price reflects the cumulative bets of all participants. As more capital flows into one side, that outcome's price rises and the opposing side falls. This continuous repricing ensures the market remains efficient and responsive to new information about USD/SEK fundamentals.
This market resolves around Jul 10, 2026, when the outcome is confirmed against credible public sources. The result hinges on whether the USD/SEK exchange rate closes above or below its opening level on that date. Once the event is verifiable from established financial data providers, the winning outcome is locked in and traders receive their payouts. The resolution is objective and tied to observable market data, eliminating ambiguity about which side prevails.
Major catalysts include US Federal Reserve policy announcements, Swedish Riksbank decisions, and economic data releases from both countries such as inflation reports or employment figures. Geopolitical developments affecting risk sentiment can also shift currency flows. Market participants watch for changes in interest rate differentials, which directly influence forex valuations. Unexpected central bank communications, trade tensions, or shifts in global risk appetite could trigger sharp repricing in either direction before the July 10 close.