Market statistics
- Total volume
- $842K
- 24h volume
- $458K
- Open interest
- $476K
Available prediction outcomes (11)
Sorted by descending live probability. Click any outcome to trade it on PolyGram.
Market context
This market resolves based on Ethereum's spot price on Binance's ETH/USDT pair at the 12:00 noon ET candle close on 3 June 2026. The settlement hinges on a single one-minute candle, making execution risk and intraday volatility the primary drivers rather than directional conviction. Binance ETH/USDT remains the largest spot venue for ether pricing globally, with typical bid-ask spreads under 0.05% during US trading hours, though noon ET often coincides with lower volume periods relative to Asian and European sessions.
The 99% crowd probability reflects the strike price sitting substantially below current spot levels, creating a high barrier for resolution to "No". Historical precedent shows that multi-strike ethereum markets with such extreme moneyness typically resolve "Yes" unless a severe market dislocation or exchange outage occurs. The two-year settlement window to June 2026 provides ample time for ethereum fundamentals to evolve; however, the specific noon ET timestamp introduces execution risk independent of macro price direction. Funding rates on perpetual futures and whale accumulation patterns tracked by on-chain analytics firms such as Glassnode may signal conviction shifts, though spot price at a fixed moment remains insensitive to longer-term positioning.
Traders should monitor ethereum's correlation with bitcoin, which historically drives 60–80% of altcoin variance during macro risk-off events. Regulatory announcements affecting US spot ETF holdings or staking protocol changes could introduce volatility clusters. The Binance API and candle data remain the sole authoritative source; discrepancies between Binance and other venues are irrelevant to settlement.
Wikipedia Context
-
EthereumEthereum is a decentralized blockchain with smart contract functionality. Ether is the native cryptocurrency of the platform. Among cryptocurrencies, ether is second only to bitcoin in market capitalization. It is open-source software.
Methodology
Methodologically this overview focuses on on-chain pricing: Polymarket's live mid comes from the Polygon conditional-token order book and settles automatically in USDC. The other three venues — Kalshi, Betfair, Manifold — sit alongside as off-chain reference points so you can see how the contract translates across regulatory and settlement regimes.
Resolution & payout
Settlement is on-chain via UMA Optimistic Oracle. A proposer posts the outcome with a bond, a two-hour dispute window opens, then the smart contract lifts winning conditional tokens to 1 USDC and sends payments to holders' wallets automatically. No withdrawal fees beyond Polygon gas.
Off-chain venues (Kalshi, Betfair, Smarkets) settle in local fiat through bank-side clearing — faster than SWIFT, slower than on-chain. Manifold pays no real cash.
FAQ
- What are crypto prediction markets?
- Crypto prediction markets are on-chain smart contracts where you buy YES or NO shares on a future crypto event (e.g. "BTC above $100k by year-end"). The market price between 0¢ and 100¢ is the implied probability.
- Why USDC and not ETH or USDT?
- USDC is the Polygon standard — audited reserves (Circle, monthly attestation), deepest order book, low gas costs. ETH volatility would distort probability quotes; USDT has thinner Polygon liquidity than USDC.
- What does a transaction cost on Polygon?
- Polygon gas is typically under $0.01 per transaction. A full trade cycle (Approve + Order + Fill) totals around $0.03 — compared to $5-50 on Ethereum mainnet.
- Can I use Bitcoin directly?
- No, Polymarket operates exclusively in USDC on Polygon. You can bridge BTC to USDC via an exchange or bridge service and deposit on Polygon — typically 10-30 minutes processing time.
- Which crypto markets exist on Polymarket?
- Currently active markets include BTC/ETH/SOL price targets, halving dates, ETF approvals, hard-fork outcomes and Layer-2 TVL thresholds. The list updates weekly; biggest volume sits on BTC and ETH price forecasts.
Trade Ethereum above 2026 on June 3? on PolyGram
Live order book, 0% fees, USDC settlement in seconds.
Open live market →