TOTAL VOLUME:
$134.1b
24H VOL:
$133,388,117
24H TRANSACTIONS:
2,388,728,490
OPEN INTEREST:
$1,436,095,462
405,232
Markets across
30,526
events
MATCHED EVENTS:
2,693
PLATFORM COVERAGE:
5
Polymarket:
39%
VS.
Kalshi:
61%
Closed: Jun 6, 5:00 PM EST
Kalshi
The Ripple-to-Dollar exchange rate will be measured at a specific time, with the outcome determined by which price range bracket it occupies.
On Kalshi, XRP price range outcomes are priced as binary contracts reflecting the probability of each range occurring at settlement. On Kalshi, prices reflect that venue's order book, liquidity, and how traders price the outcome right now. Traders buy or sell shares at prices between 0 and 100 cents, where the price represents the implied probability. Higher prices indicate stronger market confidence in that range. Liquidity and order flow on Kalshi determine how tightly prices cluster, affecting the spreads between bid and ask for each XRP price bucket.
Major catalysts include regulatory announcements affecting Ripple or cryptocurrency markets, shifts in institutional adoption of XRP, macroeconomic policy changes, and Bitcoin or Ethereum price movements. Ripple's legal status, partnerships, and product developments can significantly influence trader expectations. Market-wide events such as central bank decisions or geopolitical tensions also ripple through crypto prices. Monitoring XRP-specific news, on-chain metrics, and broader crypto sentiment will help you anticipate odds shifts leading up to settlement.