Question 1

What is the “Hyperliquid Up or Down on February 23?” market asking?

Accepted Answer

It asks whether the following will happen: Hyperliquid Up or Down on February 23? 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 Feb 23, 2026. 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 "Up" if the "Close" price for the Hyperliquid 1 minute candle for HYPE/USDC 22 Feb '26 12:00 in the ET timezone (noon) is lower than the final "Close" price for the 23 Feb '26 12:00 ET candle. This market will resolve to "Down" if the "Close" price for the Hyperliquid 1 minute candle for HYPE/USDC 22 Feb '26 12:00 in the ET timezone (noon) is higher than the final "Close" price for the 23 Feb '26 12:00 ET candle. If the final "Close" price for both of these candles is exactly equal on Hyperliquid, this market will resolve 50-50. The resolution source for this… Resolution source: https://app.hyperliquid.xyz/trade/HYPE/USDC.

Question 5

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

Accepted Answer

24h volume ($18.89K) 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

Who holds the biggest positions in this market?

Accepted Answer

Vultax loaded 16 public holder wallets for this market; the largest ten hold 99.6% of the loaded shares. The Holders view lists them by size on each side, and every wallet links to its trader profile.

Question 7

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 Feb 25, 4:32 PM) and shows a value as unavailable rather than as zero when a source has not answered.

Question 8

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/hyperliquid-up-or-down-on-february-23) or the Vultax predictions monitor, where you can track the market and paper trade it.

Trader	Outcome	Shares	Avg entry	Cost basis	Last trade
mufaijfe	Up	5K	23.0%	$5K	Feb 23, 4:53 AM
xiamou	Up	3K	40.0%	$3K	Feb 23, 4:52 AM

Trader	Current holding value
mufaijfe	$0
xiamou	$0
SJBGJDX	$0
wjkvhcgt	$0
nfdghj	$0
PAISFR	$0
baedgh	$0
yjwssdmn	$0
bjprolo	$0
0xwon	$0
rocketcrypto	$0
Vigilant-Elm	$0

Hyperliquid Up or Down on February 23?

Questions about this market