- What is the “SOL hits $200 by next Friday?” market asking?
- It asks whether the following will happen: SOL hits $200 by next Friday? 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 100.0¢ and No at 0.0¢. A Yes share pays $1 if the market resolves Yes, so its price is the market's implied probability: 100.0% for Yes and 0.0% for No. The two prices add up to about one dollar.
- How did this market resolve?
- It resolved Yes on 18 Mar 2024. Trading has stopped; the record of prices, holders and trades stays on this page.
- How does this market resolve?
- This market will resolve to "Yes" if Solana (SOL) reaches a price of $200.00 or greater according to Binance between March 15, 2024, 12:00 AM ET, and March 22, 2024, 11:59 PM ET. Otherwise, this market will resolve to "No". The resolution source for this market will be the 30-min candlestick high prices from Binance (https://www.binance.com/en/trade/SOL_USDT). The last candle from 23:30 to 00:00 will be considered. If Binance is unavailable, a consensus of other credible sources will be used. Resolution source: https://www.binance.com/en/trade/SOL_USDT.
- What is the difference between volume, liquidity and open interest?
- Volume is the dollar value of shares traded in a period, liquidity is the dollar value resting in the order book ready to be traded against, and open interest is the value of all shares currently held. Volume measures activity, liquidity measures how easily you can trade, and open interest measures how much is at stake.