What is the “Will the Suez Canal close in 2023?” market asking?

It asks whether the following will happen: Will the Suez Canal close in 2023? 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 1 Jan 2024. 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 Suez Canal is officially closed to maritime traffic for any duration of time at any point during the year 2023 ET. Otherwise, this market will resolve to "No". The closure refers to a complete halt of maritime traffic, not partial or one-way restrictions. The market can resolve early if an official closure of the Suez Canal is announced and confirmed prior to the end of 2023. The primary resolution source for this market will be the Suez Canal Authority and/or the government of Egypt, however a consensus of credible sources may 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.

Where does this data come from and how fresh is it?

Prices, the order book, holders and the trade tape come from Polymarket's public order book and data API. Vultax records each observation with its own timestamp (market facts last updated Jan 1, 10:41 PM UTC) and shows a value as unavailable rather than as zero when a source has not answered.

Can I trade this market on Vultax?

No. Vultax is a research and paper-trading terminal; it does not execute orders. The trade controls open the official market on Polymarket (https://polymarket.com/event/will-the-suez-canal-close-in-2023) or the Vultax predictions monitor, where you can track the market and paper trade it.

Resolved No: Will the Suez Canal close in 2023?

Market referencewill-the-suez-canal-close-in-2023Updated Jan 1, 2024 UTC

Resolved

No · settled Jan 1, 2024 UTC

Yes

0.0%

100.0%

Final Yes 0¢Final No 100¢

Lifetime volume

$16.0K

Resolved

Settled

Jan 1, 2024 UTC

Source Evidence

Evidence coverage

Items

Fetched

Latest

Mar 22, 2024 UTC

Public Polymarket market/event context is available; Vultax source-pack coverage is tracked separately.

Depth

Observed

Jan 1, 2024 UTC

This closed market has no live orderbook depth; the public close quote is shown for context.

Trading stateMarket usability at the displayed observation.

Market state

Resolved

Order book

Captured book available

Final outcome

The resolved venue state is treated as proof of resolution; holder and trade rows are settlement context.

Holder depthCapped public top-holder sample.

Rows loaded

Wallets

Top 10 share

Yes / No shares

The provider top-holder sample is currently unavailable.

Recent tapeLatest public market trades.

Trades loaded

Wallets

Loaded notional

PricesPolymarket CLOB price history · daily closes · latest observation Jan 1, 12:00 AM UTC

Depth historyCheckSubscriber depth access is checked only when requested, keeping the public page fast.

Bucket	Close	Mid
Jan 1, 12:00 AM UTC	0.1%	0.1%
Dec 31, 12:00 AM UTC	2.1%	2.1%
Dec 30, 12:00 AM UTC	2.1%	2.1%

Questions

Questions about this market

What is the “Will the Suez Canal close in 2023?” market asking?: It asks whether the following will happen: Will the Suez Canal close in 2023? 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 1 Jan 2024. 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 Suez Canal is officially closed to maritime traffic for any duration of time at any point during the year 2023 ET. Otherwise, this market will resolve to "No". The closure refers to a complete halt of maritime traffic, not partial or one-way restrictions. The market can resolve early if an official closure of the Suez Canal is announced and confirmed prior to the end of 2023. The primary resolution source for this market will be the Suez Canal Authority and/or the government of Egypt, however a consensus of credible sources may 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.

Analytics

Bucket

Mid

Spread

Volume

Trades

Jan 1, 12:00 AM UTC

0.1%

Dec 31, 12:00 AM UTC

2.1%

Dec 30, 12:00 AM UTC

2.1%