- What is the “Will ETH dip below $3,000 by Friday?” market asking?
- It asks whether the following will happen: Will ETH dip below $3,000 by 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 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.
- When does this market close?
- Trading is scheduled to close on Mar 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 Ethereum (ETH) dips below a price of 3,000 (i.e. 2999.99 or lower) according to Binance between March 19 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 low prices from Binance (https://www.binance.com/en/trade/ETH_USDT). If any 30 minute candle within this market's timeframe (including the last candle from 23:30 to 00:00) dips below 3,000 this market will resolve to "Yes." If Binance is unavailable, a consensus of other credible sources will be used.
- What is the difference between volume, liquidity and open interest?
- 24h volume ($24.57K) 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.
