TOTAL VOLUME:
$97.2b
24H VOL:
$205,769,171
24H TRANSACTIONS:
950,106,883
OPEN INTEREST:
$2,078,492,000
827,238
Markets across
14,795
events
MATCHED EVENTS:
884
PLATFORM COVERAGE:
5
Polymarket:
45%
VS.
Kalshi:
55%
$
$20
$50
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$500
Why: This is a market to determine the blockchain where the core Polymarket product will reside after it migrates. Polymarket has stated their intention to migrate to a chain other than Polygon in the past. This market will resolve according to the blockchain where the main Polymarket product migrates to in 2026. In order for a blockchain to qualify as the chain where Polymarket migrates to, three requirements are necessary: 1. Polymarket officially announces the migration is live (via a press release or X post by either Shayne Coplan or the official Polymarket Twitter account). 2. At least one non-test trade from the main Polymarket product happens on the new blockchain. 3. The L1 blockchain under which it operates must not be Polygon. "New Polymarket Chain" means a blockchain, rollup, appchain, L2, L3, or similar execution environment that previous to the Polymarket migration has not operated in production or been publicly announced for future release. If Polymarket announces a migration to multiple chains at the same time, this market will resolve to the chain Polymarket designates as the primary chain. If no primary chain is designated, it will resolve to the blockchain where the majority of transactions are settled over the first week after its launch. If Polymarket moves to an existing L2, L3, rollup, appchain, subchain, or similar execution environment that is not listed as an outcome and does not qualify as a New Polymarket Chain, this market will resolve to its parent chain if that parent chain is listed as an outcome. If no parent chain listed as an outcome applies, this market will resolve to “Other blockchain”. Some examples to illustrate how this market would resolve under different circumstances: - Existing subchain of Avalanche: this market would resolve to “Avalanche”. - New subchain in Avalanche that didn’t exist prior to the migration: this market would resolve to “New Polymarket chain” - Test trades without announcement: Test trades happen on the new chain but Polymarket doesn’t explicitly announce the migration is live before 2027. In this case, the market would resolve as “No migration in 2026” since this is one of the three requirements. If Polymarket does not migrate to a blockchain other than Polygon before December 31st 2026 11:59 PM ET, this market will resolve to “No migration in 2026”.
Why: This is a market to determine the blockchain where the core Polymarket product will reside after it migrates. Polymarket has stated their intention to migrate to a chain other than Polygon in the past. This market will resolve according to the blockchain where the main Polymarket product migrates to in 2026. In order for a blockchain to qualify as the chain where Polymarket migrates to, three requirements are necessary: 1. Polymarket officially announces the migration is live (via a press release or X post by either Shayne Coplan or the official Polymarket Twitter account). 2. At least one non-test trade from the main Polymarket product happens on the new blockchain. 3. The L1 blockchain under which it operates must not be Polygon. "New Polymarket Chain" means a blockchain, rollup, appchain, L2, L3, or similar execution environment that previous to the Polymarket migration has not operated in production or been publicly announced for future release. If Polymarket announces a migration to multiple chains at the same time, this market will resolve to the chain Polymarket designates as the primary chain. If no primary chain is designated, it will resolve to the blockchain where the majority of transactions are settled over the first week after its launch. If Polymarket moves to an existing L2, L3, rollup, appchain, subchain, or similar execution environment that is not listed as an outcome and does not qualify as a New Polymarket Chain, this market will resolve to its parent chain if that parent chain is listed as an outcome. If no parent chain listed as an outcome applies, this market will resolve to “Other blockchain”. Some examples to illustrate how this market would resolve under different circumstances: - Existing subchain of Avalanche: this market would resolve to “Avalanche”. - New subchain in Avalanche that didn’t exist prior to the migration: this market would resolve to “New Polymarket chain” - Test trades without announcement: Test trades happen on the new chain but Polymarket doesn’t explicitly announce the migration is live before 2027. In this case, the market would resolve as “No migration in 2026” since this is one of the three requirements. If Polymarket does not migrate to a blockchain other than Polygon before December 31st 2026 11:59 PM ET, this market will resolve to “No migration in 2026”.
Prediction market odds reflect traders' probabilistic bets on whether Polymarket will migrate to another blockchain by end of 2026. Unlike spot prices for tokens or assets, these odds represent collective expectations about a discrete event outcome. Analysts and industry observers may publish migration probability estimates based on technical roadmaps, regulatory signals, or Polymarket's stated infrastructure plans. The prediction market odds serve as a real-time consensus mechanism, often more responsive to breaking news than traditional analyst forecasts.
On Predict, the migration event is priced as a binary or categorical outcome market where traders buy and sell shares representing "Will Polymarket migrate to another blockchain?" at odds reflecting 61.0% probability for the leading outcome. On Predict, prices reflect that venue's order book, liquidity, and how traders price the outcome right now. Prices move continuously as new information surfaces—such as Polymarket announcements, regulatory changes, or competing layer-2 developments—and traders adjust their positions accordingly. Volume concentration and order book depth indicate market confidence in the pricing.
Key catalysts include official Polymarket roadmap updates or migration announcements, regulatory developments affecting Ethereum or competing blockchains, major upgrades to layer-2 solutions like Arbitrum or Optimism, changes in trading volume or user adoption on Polymarket's current chain, and broader industry shifts toward specific blockchain ecosystems. Technical milestones such as testnet launches on alternative chains, partnerships with new infrastructure providers, or security incidents could also shift market odds. Trader sentiment often reacts sharply to CEO statements or governance proposals.
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