- What is the “OpenSea token >1 billion a week after launch?” market asking?
- It asks whether the following will happen: OpenSea token >1 billion a week after launch? Traders buy Yes shares if they think it will and No shares if they think it will not.
- What do the Yes and No prices mean?
- At the last observation Yes traded at 50.0¢ and No at 50.0¢. A Yes share pays $1 if the market resolves Yes, so its price is the market's implied probability: 50.0% for Yes and 50.0% for No. The two prices add up to about one dollar.
- When does this market close?
- Trading is scheduled to close on Dec 22, 2024. After the close no new trades are accepted and the outcome is settled by the resolution source.
- How does this market resolve?
- This market will resolve to "Yes" if the Fully Diluted Valuation of OpenSea's token is above $1,000,000,000 1 week after launch. Otherwise, the market will resolve to "No." "1 week after launch" is defined as 12:00 PM ET, 7 calendar days after it launches. For example, if the token launches at 8 PM ET, March 15, then the FDV at 12:00 PM ET, March 22 will be used. The resolution source for this market is CoinGecko, specifically the "Fully Diluted Valuation" metric. If OpenSea doesn't launch a token by December 31, 2024, 11:59:59 PM ET, this market will resolve to 50-50.
- What is the difference between volume, liquidity and open interest?
- 24h volume ($2.44M) 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.
