SimpleFunctions
Winner-take-all · 6 outcomes6 contractsPolymarketrefreshed 4 min agoCloses Jan 1, 2028 · 602d

Perena FDV above ___ one day after launch?

Bracket$100M

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

39%

$100M

runner-up 39¢leader 39¢

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

0%50%100%-30d-3w-2w-1wtoday$100M: 39% (28 days, 22 points)$100M: 39% on 2026-05-08$500M: 36% (28 days, 28 points)$500M: 36% on 2026-05-08$400M: 34% (28 days, 27 points)$400M: 34% on 2026-05-08
$100M39¢$500M36¢$400M34¢
Top 3 candidates by current price · 28d

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.

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$100M6pp4539¢ · Polymarket
  • May 3$300M5pp1823¢ · Polymarket
  • May 6$500M4pp3337¢ · Polymarket
  • May 2$100M3pp4845¢ · Polymarket
  • May 6$400M3pp3033¢ · Polymarket

Recently closed in general

These markets stopped trading. Last odds and any captured outcome are shown above — full settlement detail lives at the venue.

More like this

Adjacent prediction questions.

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.

Last updated on this page: 4 min ago.