- What is the “Will $ETH hit $2,000 or $2,500 first?” market asking?
- It asks whether the following will happen: Will $ETH hit $2,000 or $2,500 first? 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 $1 if the market resolves Yes, so its price is the market's implied probability: 0.0% for Yes and 100.0% for No. The two prices add up to about one dollar.
- When does this market close?
- Trading is scheduled to close on Jul 1, 2024. After the close no new trades are accepted and the outcome is settled by the resolution source.
- How does this market resolve?
- This is a market on whether Ethereum ($ETH) will first reach $2000.00 USD or $2500.00 USD between December 04, 2023, 8 AM ET, and July 1, 2024, 12 AM ET. This market will resolve to "$2000" if $ETH drops to $2000.00 USD or less first within the market timeframe. This market will resolve to "$2500" if $ETH reaches $2500.00 or more first within the market timeframe. If the price of $ETH neither drops to $2000.00 or below nor reaches $2500.00 or more within the market timeframe, this market will resolve to 50-50. The resolution source for this market is https://www.coinbase.com/, specifically…
- What is the difference between volume, liquidity and open interest?
- 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.
