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%
Closed: Jul 13, 5:00 PM EST
Polymarket
This market will resolve to "Up" if the Pyth-published price for US Dollar / Turkish Lira (USD/TRY) 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 / Turkish Lira (USD/TRY) price feed page: https://pythdata.app/explore/FX.USD%2FTRY. 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 / Turkish Lira (USD/TRY) 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 / Turkish Lira (USD/TRY) price feed page: https://pythdata.app/explore/FX.USD%2FTRY. UMA resolvers should verify against the Pyth-published prices for the relevant 5:00 PM ET timestamps.
Prediction market odds reflect the collective judgment of traders betting real money on outcomes, whereas analyst forecasts typically come from financial institutions, currency strategists, and macroeconomic research teams using models and fundamental analysis. This market aggregates decentralized trader opinion in real time, often incorporating breaking news and sentiment shifts faster than traditional analyst reports. Comparing the two can reveal where the crowd's expectations diverge from expert consensus—a useful signal for spotting underpriced or overpriced scenarios in currency movements.
On Polymarket, this market is priced through an automated market maker that converts trader buy and sell orders into real-time odds for each outcome. On Polymarket, prices reflect that venue's order book, liquidity, and how traders price the outcome right now. Traders purchase shares representing either an up or down move, and the price of each share reflects the implied probability of that outcome occurring. As more capital flows into one side, the price adjusts automatically, ensuring the market stays responsive to new information and trader conviction about the USD/TRY direction.
This market resolves around Jul 13, 2026, with the outcome confirmed once the event is verifiable from credible public reporting. The result hinges on whether the USD/TRY exchange rate closes higher or lower on that date compared to the opening level. Traders holding shares in the winning outcome receive their payout, while the losing side forfeits their stake. Resolution timing may shift slightly if market conditions or data availability require clarification.
Major catalysts include US Federal Reserve policy announcements, Turkish Central Bank decisions, inflation data from both economies, geopolitical developments affecting Turkey, and broader currency market sentiment. Economic releases such as employment figures, GDP revisions, or trade balances can shift expectations about relative monetary policy and capital flows. Real-time news about political stability, sanctions, or regional tensions may also trigger sharp repricing. Traders monitor these signals closely to anticipate directional moves before they're reflected in the exchange rate itself.