Question 1

What is the “Facebook outage caused by hack?” market asking?

Accepted Answer

It asks whether the following will happen: Facebook outage caused by hack? Traders buy Yes shares if they think it will and No shares if they think it will not.

Question 2

What do the Yes and No prices mean?

Accepted Answer

At the last observation Yes traded at 0.0¢ and No at 100.0¢. A Yes share pays $1 if the market resolves Yes, so its price is the market's implied probability: 0.0% for Yes and 100.0% for No. The two prices add up to about one dollar.

Question 3

When does this market close?

Accepted Answer

Trading is scheduled to close on Mar 10, 2024. After the close no new trades are accepted and the outcome is settled by the resolution source.

Question 4

How does this market resolve?

Accepted Answer

This market will resolve to “Yes” if it is discovered that the March 5 Facebook/Instagram/Messenger outage was caused by a hack by March 10, 2024, 11:59 PM ET. Otherwise this market will resolve to “No”. "A hack" encompasses intentional, malicious activity which caused the network outage. The primary resolution source for this market will be official statements from the U.S. Government and Meta/Facebook/Instagram. However, a consensus of credible reporting may also be used to resolve this market.

Question 5

What is the difference between volume, liquidity and open interest?

Accepted Answer

24h volume ($0) is the dollar value of shares traded in the last 24 hours. Volume measures activity, liquidity measures how easily you can trade, and open interest measures how much is at stake.

Question 6

Where does this data come from and how fresh is it?

Accepted Answer

Prices, the order book, holders and the trade tape come from Polymarket's public order book and data API. Vultax records each observation with its own timestamp (market facts last updated Apr 26, 2:53 AM) and shows a value as unavailable rather than as zero when a source has not answered.

Question 7

Can I trade this market on Vultax?

Accepted Answer

No. Vultax is a research and paper-trading terminal; it does not execute orders. The trade controls open the official market on Polymarket (https://polymarket.com/event/facebook-outage-caused-by-hack) or the Vultax predictions monitor, where you can track the market and paper trade it.

Trader	Side	Outcome	Price	Shares	Time
professorx	buy	No	99.9%	9.33K	Mar 11, 3:01 AM
traderman-649	buy	No

Facebook outage caused by hack?

Questions about this market