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 25, 5:00 PM EST
Kalshi
This set of markets tracks potential future movements in the USDCHF exchange rate at a specific point in time. Each market evaluates whether the rate surpasses a particular threshold, allowing participants to speculate on currency strength dynamics without predicting exact values.
All markets resolve based on the USDCHF exchange rate's opening candlestick value at 5pm ET on September 25, 2026, as published by Pyth. Each market has a unique threshold; if the rate at that exact time is above the specified level, the market resolves to Yes, otherwise to No. Data is rounded to four decimal places. If Pyth does not publish data at the exact expiration time, the most recent available value is used. Post-expiration revisions to the exchange rate do not affect resolution outcomes.
Comparing prediction market odds to analyst forecasts reveals interesting insights into collective intelligence versus expert opinion. Often, this market reflects a broader range of information and perspectives than traditional forecasts, potentially incorporating factors that analysts may overlook. While analysts provide specific price targets and reasoning, this market aggregates the wisdom of many traders, creating a dynamic assessment of probability. It's common to see discrepancies, with the market sometimes anticipating movements before they are reflected in analyst reports, or conversely, exhibiting more caution than expert predictions suggest.
On Kalshi, this market is priced through a continuous order book where traders buy and sell contracts representing different possible USDCHF exchange rates. The price of each contract reflects the probability of that specific rate occurring at the designated time. On Kalshi, prices reflect that venue's order book, liquidity, and how traders price the outcome right now. Traders set the odds by placing bids and asks, and the market price adjusts based on supply and demand. This creates a dynamic pricing mechanism that constantly updates as new information becomes available and traders refine their expectations. The current spread reflects the uncertainty surrounding the future exchange rate.
This market resolves around Sep 25, 2026, with the outcome confirmed once the USDCHF exchange rate is verifiable from credible public reporting. The final price will be determined by the mid-price of the USDCHF exchange rate at 5:00 PM EDT on September 25th, as reported by a reputable financial data provider. This ensures a transparent and objective resolution process, reflecting the actual market conditions at the specified time. Traders will then be paid out based on whether their predictions aligned with the final resolved price.
Several key signals and events could significantly move this market before Sep 25, 2026. Major economic data releases from both the United States and Switzerland, such as inflation reports, employment figures, and GDP growth rates, will likely influence the USDCHF exchange rate. Unexpected geopolitical events or shifts in global risk sentiment could also trigger substantial movements. Furthermore, interventions by central banks, such as the Federal Reserve or the Swiss National Bank, could directly impact the currency pair. Any news related to trade negotiations or significant policy changes could also affect market expectations and drive price fluctuations.