- What is the “Will the next Pope be trans?” market asking?
- It asks whether the following will happen: Will the next Pope be trans? 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 "Yes" if the next individual elected as pope is widely and credibly identified as transgender. Otherwise this market will resolve to "No". If no new pope is elected by December 31, 2025, 11:59 PM ET, this market will resolve to "No." The primary resolution source for this market will be the official announcement from the Catholic Church, however a consensus of credible reporting will also be used.
- 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.
- Who still holds shares in this market?
