YES
0%
PRICE $0.00 · IMPLIED 0%▸ BUY YES
ECONOMY
US bank failure before September?
RESOLVESAug 31, 2024 · 12:00 PM UTC
CONTRACT0xac6f…669f
Current odds
Live · updates every 20sNO
100%
PRICE $1.00 · IMPLIED 100%▸ BUY NO
Price history
OPEN 24H
0.01
Yes
HIGH 24H
0.02
at 11:42 ET
LOW 24H
0.01
at 02:18 ET
CHANGE
+0.04
+7.0% on Yes
Market stats
Polymarket · CLOB24H VOLUME
—
Past 24 hours
TOTAL VOLUME
$121k
Since creation
LIQUIDITY
—
Available to trade
Recent trades
Last 10 fills · live| TIME | SIDE | PRICE | SIZE | VALUE | TRADER |
|---|---|---|---|---|---|
About this market
ContextThis market will resolve to "Yes" if any US bank fails between June 30, 2024, 12:00 PM ET, and August 31, 2024, 11:59 PM ET (according to FDIC's "Failed Bank List"). Otherwise, this market will resolve to "No." For this market to resolve to "Yes", the bank's closing date as listed by the FDIC must be within the listed date range. If there is a potential bank failure within this market's date range and FDIC "Failed Bank List" has not been updated yet, this market may remain open to allow for the list to be updated. The primary resolution source for this market will be the Federal Deposit Insurance Corporation (FDIC), specifically the "Failed Bank List" available here: https://www.fdic.gov/resources/resolutions/bank-failures/failed-bank-list/ however other official statements from the FDIC and government entities will suffice.
How trading works
Polymarket uses a central limit order book (CLOB) model — you can buy or sell shares of any outcome at the current market price, or place limit orders at your target price. All positions are settled in USDC when the market resolves.
Resolution
Markets resolve through UMA's Optimistic Oracle. After the market closes, a proposer submits a resolution, followed by a 2-hour dispute window. If no dispute is raised, the resolution is accepted. Disputed markets go to UMA token holder vote.
FAQ
Resolution & tradingHow is this market resolved?+
The market resolves based on the official outcome as verified by the UMA Optimistic Oracle.
When does this market close?+
Trading closes at Aug 31, 2024 · 12:00 PM UTC. After close, the UMA oracle proposes a resolution and a 2-hour dispute window opens before final settlement.
What are the possible outcomes?+
The possible outcomes are: Yes (0%), No (100%). Each contract pays out $1 if correct, $0 otherwise.
What happens if the resolution source is unavailable?+
If the primary resolution source is unavailable, the market may be delayed or resolved by UMA oracle vote using credible alternative sources. Polymarket's optimistic oracle has final authority on disputed resolutions.
How do I trade on Polymarket?+
You need a Polymarket account (sign up with email or crypto wallet). Connect a Polygon-compatible wallet, fund it with USDC, and you can buy or sell shares of any outcome at the current market price. All settlements are in USDC.