TOTAL VOLUME:
$134.2b
24H VOL:
$130,522,377
24H TRANSACTIONS:
2,388,728,490
OPEN INTEREST:
$1,438,389,636
404,028
Markets across
30,214
events
MATCHED EVENTS:
2,681
PLATFORM COVERAGE:
5
Polymarket:
39%
VS.
Kalshi:
61%
Closed: Sep 4, 5:00 PM EST
Kalshi
This set of markets tracks whether the USDBRL exchange rate will exceed various threshold values at a specific future moment. Each market examines a different price level, providing insights into potential currency movements based on real-time data from a trusted source.
All markets resolve based on the USDBRL exchange rate's opening candlestick value at 5pm ET on September 4, 2026, as published by Pyth. Each individual market has a specific threshold value; if the rate at that exact time is above its respective threshold, the market resolves to Yes, otherwise to No. All rates are evaluated to four decimal places. If Pyth data is unavailable at 5pm ET, the most recent prior value is used. Post-expiration revisions to the exchange rate do not affect resolution outcomes.
Compared to traditional analyst forecasts, prediction market odds for this market often reflect a more immediate, crowd-sourced view of expectations for the USDBRL exchange rate. While analysts may incorporate macro models and longer-term trends, traders on Kalshi adjust positions rapidly in response to breaking news, policy signals, and short-term economic data, which can create divergence or alignment with institutional outlooks.
On Kalshi, prices reflect that venue's order book, liquidity, and how traders price the outcome right now. On Kalshi, traders determine prices through continuous bidding and asking, with the current top outcome reflecting the aggregate expectation for where the USDBRL exchange rate will sit at the exact close time. Market depth and liquidity, represented by volume of $2,010, help shape the spread and overall price discovery for this event.
This market resolves around Sep 4, 2026, with the outcome confirmed once the event is verifiable from credible public reporting. The final USDBRL exchange rate at the specified time will be the decisive factor, closing all positions based on the officially recorded value.
Key signals that could shift this market include Brazilian or U.S. central bank announcements, shifts in commodity prices that affect the Brazilian real, geopolitical developments impacting currency flows, and broader risk-on or risk-off sentiment in global forex markets. Each of these can prompt rapid reassessments among traders on Kalshi, moving implied probabilities closer to or further from current levels.