TOTAL VOLUME:
$134b
24H VOL:
$103,397,351
24H TRANSACTIONS:
2,388,728,490
OPEN INTEREST:
$1,410,176,180
399,592
Markets across
30,097
events
MATCHED EVENTS:
2,622
PLATFORM COVERAGE:
5
Polymarket:
39%
VS.
Kalshi:
61%
Closed: Jul 10, 5:00 PM EST
Kalshi
These markets track the price of XRP (Ripple's cryptocurrency) on July 17, 2026. Kalshi uses CF Benchmarks' XRPUSD_RTI index measured at 5 PM EDT on July 10, 2026, while Polymarket uses Binance XRP/USDT closing price at noon ET on July 17, 2026. The event group contains a critical temporal and source mismatch.
This market will resolve according to the final "Close" price of the Binance 1 minute candle for XRP/USDT 12:00 in the ET timezone (noon) on the date specified in the title. Otherwise, this market will resolve to "No". The resolution source for this market is Binance, specifically the XRP/USDT "Close" prices currently available at https://www.binance.com/en/trade/XRP_USDT with "1m" and "Candles" selected on the top bar. If the reported value falls exactly between two brackets, then this market will resolve to the higher range bracket. Please note that this market is about the price according to Binance XRP/USDT, not according to other exchanges or trading pairs.
Resolution is determined by the simple average of CF Benchmarks' XRPUSD_RTI over the 60 seconds immediately preceding 5 PM EDT on July 10, 2026. Each outcome corresponds to a specific price threshold, with resolution to Yes if the average price exceeds that threshold. If data is unavailable or incomplete at expiration, affected outcomes resolve to No. The CF Benchmarks Real-Time Index provides continuous pricing data aggregated from major cryptocurrency exchanges.
Prediction market odds represent real money at stake, making them a forward-looking gauge of where traders expect XRP to settle. Unlike spot prices, which reflect only the current exchange rate, these odds embed expectations about volatility, regulatory news, and macroeconomic shifts over the full forecast window. Traders who believe the consensus is wrong can profit by taking the opposite side, creating natural price discovery. This market's odds often diverge from spot price by incorporating tail risks and longer-term sentiment that spot markets may underweight in the short term.
Polymarket and Kalshi operate under different regulatory frameworks, fee structures, and user bases, which can create temporary pricing gaps. Polymarket and Kalshi can show different implied probabilities for the same outcome because of liquidity, fee structure, participant mix, and how each venue defines the contract. Each platform also attracts traders with distinct risk appetites and time horizons. Kalshi's institutional focus and Polymarket's retail-heavy liquidity mean order flow and leverage availability differ, pushing odds apart. Arbitrage traders typically exploit these spreads, but friction costs and settlement timing can keep small divergences in place. Monitoring both venues gives you a fuller picture of where the market truly stands.
Regulatory announcements—especially from the SEC or international bodies—are the largest catalysts for XRP price swings and thus for this market. Ripple's litigation outcomes, partnerships with major financial institutions, and macroeconomic shifts in risk appetite all influence trader positioning. Bitcoin and broader crypto sentiment often set the tone for altcoin markets, so Bitcoin volatility can ripple through XRP odds. Technical breakouts, exchange listings, and changes to Ripple's tokenomics or use cases also drive repricing. Monitoring crypto news and on-chain metrics will help you anticipate moves before they're fully priced in.