
Resolved No on 4 Jul 2023.
The last daily price before settlement had No at 99.7%. Yes opened at 2% on 27 Jun 2023. Before it settled, the high was 2% on 27 Jun 2023 and the low 0.3% on 3 Jul 2023. $39.19K traded over the market's life.
4 wallets still hold shares. Winners redeem theirs after settlement, so what is left is mostly the losing side.
Polymarket record as of Jul 4, 1:20 PM UTC
Daily closes of the Yes price, Polymarket CLOB, 8 points, 27 Jun 2023 – 4 Jul 2023, chart shows 0%–10%
| Observed | Yes price |
|---|---|
| 27 Jun 2023 | 2.0% |
| 4 Jul 2023 | 0.3% |
Winners have redeemed their shares, so most of what is left is the losing side.
| Trader | Outcome | Shares |
|---|---|---|
| Expert-Factor | Yes | 15K |
| Tuggan | Yes | 260 |
| Angry-Taxi | Yes | 200 |
| darkpsico | Yes | 4.5 |
Every wallet's public record, and 80,000 ranked by lifetime P&L: Polymarket leaderboard
This market will resolve to "Yes" if official information released by MEXC (https://www.mexc.com/), official representatives of MEXC (e.g. lawyers, spokespeople, etc.), or a consensus of credible reporting announces by July 3, 2023, 11:59:59 PM ET that MEXC is insolvent or is filing/has filed for any variety of bankruptcy. This market will also resolve to "Yes" if MEXC withdrawals for BTC and/or ETH are suspended for a majority of users for at least 3 full days (72 hours) in a row by July 3, 2023, 11:59:59 PM ET. The primary resolution source for this settlement criterion will be official information released by MEXC, official representatives of MEXC (e.g. lawyers, spokespeople, etc.), and a consensus of credible reporting. If neither of the above criteria are met, this market will resolve to "No". MEXC withdrawals being suspended for a majority of users means that a majority of users are unable to withdraw their BTC and/or ETH from MEXC (E.g. If a majority of users are unable to withdraw their ETH from MEXC, it will satisfy the condition.) If MEXC suspends withdrawals on a date which would cause the 3 day countdown to overlap with this market's expiration date (e.g. They halt token withdrawals on July 2, 2023, 4 PM ET), this market will not resolve until either: 1) withdrawals are reenabled before 3 full days (72 hours) pass, resulting in a "No" resolution; 2) 3 full days pass (July 2 - July 5, 2023, 4 PM ET) where withdrawals are suspended, resulting in a "Yes" resolution.
Official listing: polymarket.com/event/will-mexc-become-insolvent-by-july-3
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