
Resolved No on 1 Jan 2025.
The last daily price before settlement had No at 99%. Yes opened at 11% on 2 Apr 2024. Before it settled, across the 275 daily closes on record from 2 Apr 2024 to 1 Jan 2025, the highest close was 16.5% on 6 Apr 2024 and the lowest 0.4% on 25 Dec 2024. Its largest one-day move was 7.7 points up, to 8.4% on 31 Dec 2024. $314.75K traded over the market's life.
127 wallets still hold shares. Winners redeem theirs after settlement, so what is left is mostly the losing side.
Polymarket record as of Jan 2, 7:29 AM UTC
Daily closes of the Yes price, Polymarket CLOB, 275 points, 2 Apr 2024 – 1 Jan 2025, chart shows 0%–20%
| Observed | Yes price |
|---|---|
| 2 Apr 2024 | 11.0% |
| 1 Jan 2025 | 1.0% |
Winners have redeemed their shares, so most of what is left is the losing side.
| Trader | Outcome | Shares |
|---|---|---|
| kokocrasha | Yes | 2.29K |
| Frivolous-Mower | Yes | 1K |
| fhgnrfbnbdh | Yes | 999.72 |
This market will resolve to “Yes” Ethena USDe is below 90 cents for a period of 12 hours or more in 2024. Otherwise this market will resolve to "No." CoinGecko 30 minute candles for Ethena USDe will be used, for candles between April 1 and December 31, 2024 in the ET timezone. For this market to resolve to "Yes" all candles in the 12 hour period must have a final “High” price below 0.90000 (i.e. 0.89999 or lower). A 12h period of USDe below 90 cents that starts on the last day will count (e.g. December 31, 2024, 22:00 ET to January 1, 2024, 10:00 ET). The resolution source for this market is https://www.coingecko.com/, specifically the “High” prices currently available at https://www.coingecko.com/en/coins/ethena-usde with “30m” and “Candles” selected on the top bar. To see the “High” prices, mouse over particular candles and look at the value after “H” on the displayed chart. Please note that this market is about the price according to CoinGecko USDe. If CoinGecko stops having the necessary USDe information to resolve this market, a consensus of credible sources for whether USDe was below 90 cents for 12h+ may be used to resolve this market.
Official listing: polymarket.com/event/ethena-exploit-depeg-in-2024
| RlNash | Yes | 999.7 |
| Aannanasik | Yes | 500 |
| Bnsh | Yes | 499.98 |
| warglaive | Yes | 400.63 |
| Neas | Yes | 305.62 |
| devon | No | 297.99 |
| bitstep | Yes | 217.39 |
Open a trader’s name to inspect the wallet’s available P&L, positions and recorded trades, with source dates and coverage. A large position alone does not establish a winning track record.
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