How Are Prices Determined?
According to the explanation, instead of using a single instantaneous price, the results are calculated by averaging the index observations taken in the last 60 seconds before closing. Accordingly, the CF Benchmarks Bitcoin Real-Time Index is used for Bitcoin; and the relevant dollar-based real-time indices are used for Ethereum, Solana, and $XRP. A closing price equal to the starting price is also considered an “up” result.
In this context, the method aims to reduce the impact of sudden price movements at the end of the term on the outcome. However, short time intervals, market volatility, and transaction costs pose significant risks for users.
Polymarket US had previously launched 15-minute cryptocurrency prediction markets. The introduction of five-minute contracts covering four assets expands the platform’s short-term prediction options. The US platform is operated by QCX LLC, separately from the international Polymarket service, and operates as a market overseen by the US Commodity Futures Trading Commission (CFTC).
*This is not investment advice.
Leave a Reply