Will Phantom launch a token before Jan 1, 2027?

This market shows extremely illiquid conditions with zero 24-hour volume and only $230 open interest, making the 32¢ price potentially unreliable for serious positioning. The 498.6% implied yield on the Yes side is extraordinarily high and likely reflects the thin liquidity rather than genuine market consensus, while the 8¢ spread represents a substantial 25% of the mid-price. With 260 days to expiration and a moderate 4 Cliff Risk Index, traders should be cautious about the resolution criteria's specificity around "after Issuance"—clarification on what constitutes the formal launch date will be critical for avoiding disputes near the deadline.

Resolution rules

If Phantom launches a token after Issuance and before Jan 1, 2027, then the market resolves to Yes.

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