- What is the “Will Ethereum reach $3,000 before September?” market asking?
- It asks whether the following will happen: Will Ethereum reach $3,000 before September? 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 Aug 31, 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 immediately resolve to "Yes" if any Binance 1 minute candle for Ethereum (ETHUSDT) between August 6, 2024, 14:00 and August 31, 2024, 23:59 in the ET timezone has a final "High" price of $3,000.00 or higher. Otherwise, this market will resolve to "No." The resolution source for this market is Binance, specifically the ETHUSDT "High" prices available at https://www.binance.com/en/trade/ETH_USDT, with the chart settings on "1m" for one-minute candles selected on the top bar. Please note that the outcome of this market depends solely on the price data from the Binance ETHUSDT…
- What is the difference between volume, liquidity and open interest?
- 24h volume ($779.05K) 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.
