TOTAL VOLUME:
$134.2b
24H VOL:
$134,145,987
24H TRANSACTIONS:
2,388,728,490
OPEN INTEREST:
$1,441,166,947
406,422
Markets across
30,383
events
MATCHED EVENTS:
2,688
PLATFORM COVERAGE:
5
Polymarket:
39%
VS.
Kalshi:
61%
Closed: Aug 28, 5:00 PM EST
Kalshi
This set of markets tracks the performance of the USDJPY currency pair at a specific future moment. Each market evaluates whether the exchange rate exceeds a particular threshold, allowing participants to speculate on potential movements in the value of the Japanese Yen relative to the US Dollar.
All markets resolve based on the USDJPY exchange rate's opening candlestick value at 5pm ET on August 28, 2026, as published by Pyth. Each market has a unique threshold; if the rate is above its respective threshold at that time, the market resolves to Yes, otherwise to No. Data is rounded to four decimal places. If Pyth does not publish data at the exact time, the most recent available value is used. Post-expiration revisions to the underlying data do not affect resolution.
Compared to traditional analyst forecasts, prediction market odds in this market often reflect a more immediate, crowd-sourced view of where the USDJPY pair is headed. While analysts may incorporate macro models and policy outlooks, traders on Kalshi adjust positions rapidly in response to news, flow data, and short-term sentiment, sometimes creating noticeable gaps or alignment with institutional calls.
This market resolves around Aug 28, 2026, with the outcome confirmed once the event is verifiable from credible public reporting. At that point, the final exchange rate will be checked against the market’s defined parameters, and all contracts will settle automatically based on the verified result, closing all open positions and paying out successful traders.
Key signals that could shift this market include major central bank announcements, especially from the Federal Reserve or Bank of Japan, shifts in U.S. Treasury yields, geopolitical developments impacting risk sentiment, and surprise economic data releases such as U.S. CPI or Japanese manufacturing indexes. Each of these can prompt rapid re-pricing as traders adjust expectations for dollar-yen dynamics.