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 / Swiss Franc (USD/CHF) 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 / Swiss Franc (USD/CHF) price feed page: https://pythdata.app/explore/FX.USD%2FCHF. 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 / Swiss Franc (USD/CHF) 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 / Swiss Franc (USD/CHF) price feed page: https://pythdata.app/explore/FX.USD%2FCHF. 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 individual expert opinion. In currency markets, analysts typically rely on macroeconomic models, central bank policy, and technical analysis, while prediction markets aggregate the beliefs of many traders with skin in the game. This market's odds represent a dynamic consensus that updates continuously as new economic data or geopolitical events emerge. Comparing the two can reveal where the crowd sees value or risk that mainstream forecasters may have overlooked. Both approaches offer complementary insights into USD/CHF direction.
On Polymarket, this market is priced through an automated market maker that converts trader orders into real-time probability quotes. On Polymarket, prices reflect that venue's order book, liquidity, and how traders price the outcome right now. Buyers of the "up" outcome pay a price reflecting the likelihood of dollar strength, while sellers of that outcome receive the inverse. The spread between bid and ask widens or narrows based on order flow and available liquidity. As more traders take positions, the price adjusts to balance supply and demand, ensuring the market remains responsive to new information about USD/CHF fundamentals and sentiment shifts.
This market resolves around Jul 13, 2026, with the outcome confirmed once the event is verifiable from credible public reporting. The resolution hinges on whether the USD/CHF exchange rate has moved up or down on that specific date. Traders should monitor official currency data and financial news sources as the date approaches to anticipate the likely result. Once the market closes, the winning outcome is locked in and payouts are distributed to holders of the correct side. Timing and precision matter, as intraday volatility can influence the final settlement.
Major catalysts for USD/CHF movement include U.S. Federal Reserve and Swiss National Bank policy announcements, inflation data releases, and geopolitical developments affecting safe-haven demand. Economic surprises such as employment reports, GDP revisions, or trade tensions can trigger sharp currency swings. Interest rate differentials between the two economies heavily influence the pair, so any shift in monetary policy expectations will ripple through this market. Risk sentiment also plays a role; during market stress, the franc often strengthens as a safe haven, while dollar strength typically reflects U.S. economic resilience. Traders should watch central bank communications and macroeconomic calendars closely.