SimpleFunctions
Winner-take-all · 8 outcomes8 contractsPolymarketrefreshed 4 min agoCloses Jan 1, 2028 · 602d

Probable FDV above ___ one day after launch?

Bracket$300M

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

28%

$200M

runner-up 25¢leader 28¢

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

0%50%100%-30d-3w-2w-1wtoday$200M: 28% (26 days, 19 points)$200M: 28% on 2026-05-08$500M: 26% (26 days, 19 points)$500M: 26% on 2026-05-08$300M: 18% (26 days, 24 points)$300M: 18% on 2026-05-08
$200M28¢$500M26¢$300M18¢
Top 3 candidates by current price · 26d

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 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$500M17pp4326¢ · Polymarket
  • May 6$100M15pp2510¢ · Polymarket
  • May 7$200M10pp3727¢ · Polymarket
  • May 6$200M8pp4537¢ · Polymarket
  • May 2$800M5pp1510¢ · 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.