Probable FDV above ___ one day after launch?
Leader sits at 28% across 8 bound outcomes, runner-up at 25%. This is a winner-take-all market — the headline is the leader’s price, not an arithmetic mean.
Leader probability
$200M
Outcomes
8
winner-take-all
Runner-up
25¢
$500M
Spread
3pp
contested
24h volume
$30
thin orderbook
Closes
Jan 1, 2028
602 days
Venue
Polymarket
8 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
Probable FDV above ___ one day after launch
Probable FDV above ___ one day after launch?: $500M
0xf5870f…0f1f
Probable FDV above ___ one day after launch?: $1B
0x6a85bc…9a46
Probable FDV above ___ one day after launch?: $800M
0xa9e02d…60d4
Probable FDV above ___ one day after launch?: $400M
0xf4514b…204c
Probable FDV above ___ one day after launch?: $300M
0x1ff60b…6e9c
Probable FDV above ___ one day after launch?: $200M
0xb597a6…2da9
Probable FDV above ___ one day after launch?: $100M
0xedef61…925f
Probable FDV above ___ one day after launch?: $50M
0x4b5d82…9b1c
Analysis
This contract estimates a 45% probability that a project will reach a $300 million fully diluted valuation within one day of launching. The leading market position reflects meaningful disagreement among traders: the runner-up sits at 44%, indicating genuine uncertainty rather than consensus. Most markets show lower confidence in higher valuation thresholds ($500M and $800M trade at 44¢ and 17¢ respectively), while lower thresholds command near-certainty pricing ($50M at 94¢). The primary factors shaping this probability are the project's pre-launch momentum, token allocation structure, and comparable launch performances in the current market cycle. Resolution depends entirely on the official launch date and real-time FDV calculations immediately following. Significant token unlocks, investor demand patterns, or regulatory announcements closer to launch could shift this estimate materially in either direction.
- ›Current market split between 45% and 44% top contracts indicates low conviction—neither outcome is heavily favored, suggesting traders view this as genuinely uncertain rather than predictable
- ›Lower valuation thresholds ($50M–$100M) price at 94¢–89¢, while higher ones ($500M–$1B) price at 44¢–17¢, showing a declining-confidence curve consistent with typical launch dynamics
- ›24-hour trading volume concentrated in $500M–$800M contracts ($5.5K–$6K) rather than the $300M threshold, suggesting active disagreement on mid-range scenarios but less interest in the exact $300M level
- ›Post-launch FDV determination depends on token supply and price at market open—any surprises in allocation, lock-up schedules, or initial trading behavior will directly move this probability
- ›Historical comparable launches and current token market conditions will establish baseline expectations; absence of major pre-launch catalysts suggests market is pricing base-case scenario with roughly even odds
What moved the line
- May 6$500M↓17pp43→26¢ · Polymarket
- May 6$100M↓15pp25→10¢ · Polymarket
- May 7$200M↓10pp37→27¢ · Polymarket
- May 6$200M↓8pp45→37¢ · Polymarket
- May 2$800M↓5pp15→10¢ · 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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