Perena FDV above ___ one day after launch?
Leader sits at 39% across 6 bound outcomes, runner-up at 39%. This is a winner-take-all market — the headline is the leader’s price, not an arithmetic mean.
Leader probability
$100M
Outcomes
6
winner-take-all
Runner-up
39¢
$500M
Spread
0pp
contested
24h volume
$0
thin orderbook
Closes
Jan 1, 2028
602 days
Venue
Polymarket
6 bound
30-day trend
Bracket family
How the bracket ladder is priced.
Each row is one outcome on the venue. Sorted by 24h volume — the heaviest book is at the top.
Cluster 1
Perena FDV above ___ one day after launch
Perena FDV above ___ one day after launch?: $100M
0xc06a57…c436
Perena FDV above ___ one day after launch?: $600M
0x4e4c20…ccca
Perena FDV above ___ one day after launch?: $500M
0x7aea4a…8bfa
Perena FDV above ___ one day after launch?: $400M
0xf9a215…4c47
Perena FDV above ___ one day after launch?: $300M
0x7f8fc9…7e0d
Perena FDV above ___ one day after launch?: $200M
0x61265c…a412
Analysis
This contract predicts whether Perena will reach a $100 million fully-diluted valuation within one day of its launch. At 47% probability, the market assigns near-even odds to this outcome, though the leading contract holder shows slightly more confidence than competing predictions. The near-parity reflects uncertainty about launch timing, initial market reception, and whether early trading volume and token allocation support a valuation at that threshold. Comparable token launches in the market show wide variation in day-one valuations depending on pre-launch hype, liquidity conditions, and demand from initial buyers. Resolution depends entirely on Perena's actual launch date and the market price established in that first 24-hour window. The significant volume in related FDV contracts—particularly the $500M and $800M thresholds—suggests active trader interest in mapping out the full valuation distribution rather than consensus around any single outcome.
- ›Perena's actual launch date remains unscheduled; earlier launches increase probability of reaching $100M FDV by concentrating trading activity
- ›Day-one market cap depends on initial token supply, liquidity provision strategy, and allocation to early participants relative to public float
- ›Comparable protocols show $100M day-one FDV is achievable but not standard; the $50M and $100M lower-bound contracts trade at 94¢ and 89¢ respectively, indicating high baseline expectations
- ›Market depth and order book quality at launch will determine whether sufficient buyer demand exists to sustain a $100M valuation through the first 24 hours
- ›Pre-launch community size and committed capital from investors and early stakeholders directly influence initial price discovery and trading volume
What moved the line
- May 6$100M↓6pp45→39¢ · Polymarket
- May 3$300M↑5pp18→23¢ · Polymarket
- May 6$500M↑4pp33→37¢ · Polymarket
- May 2$100M↓3pp48→45¢ · Polymarket
- May 6$400M↑3pp30→33¢ · Polymarket
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These markets stopped trading. Last odds and any captured outcome are shown above — full settlement detail lives at the venue.
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In general
How we compute these odds
SimpleFunctions aggregates live prediction-market contracts from Kalshi and Polymarket. Each slug groups contracts that resolve on the same underlying event, identified by venue event_id.
For binary slugs, the headline probability is the liquidity-weighted mid-price across all bound contracts. For multi-outcome slugs (e.g. elections with 3+ candidates), the headline is the leader’s price; we never arithmetically average disjoint outcomes — that would produce a number with no real-world meaning.
Snapshots refresh every 5 minutes during market hours; daily aggregates are computed at 04:00 UTC. The 30-day sparkline is drawn from per-ticker daily means stored in market_indicator_daily; 24h delta and movement events are derived from the same source.
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