- What is the “Will Mark Ouellet be the next pope?” market asking?
- It asks whether the following will happen: Will Mark Ouellet be the next pope? It is one of the markets in the Polymarket event “Who will be the next Pope?”. 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.
- How did this market resolve?
- It resolved No on 8 May 2025. Trading has stopped; the record of prices, holders and trades stays on this page.
- How does this market resolve?
- This market will resolve to the name of the next person elected to be the bishop of Rome after Pope Francis. If no new pope is elected by December 31, 2025, 11:59 PM ET, this market will resolve to "No new Pope in 2025". If a person is elected to be the next bishop of Rome but declines the position, it will have no bearing on the resolution of this market. The market associated with a named person will not resolve to "Yes" or "No" until the next bishop of Rome is elected and accepts the Papacy. The primary resolution source will be official information from the Vatican, however a consensus…
- 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.
