
| TIME | SIDE | PRICE | SIZE | VALUE | TRADER |
|---|---|---|---|---|---|
This is a scalar market on what Chainlink ($LINK)’s price will be on April 27, 2021, 12 PM ET. The resolution source for this market will be the price of $LINK in USD according to https://www.coingecko.com/en/coins/chainlink. The lower bound for this market is $25, and the upper bound is $47. You can use the calculator to the right (underneath the Buy modal) to calculate how each Long or Short Token price corresponds with Chainlink’s price. Long and Short shares will settle proportionally to the outcome value if the final value is between these bounds, but if the final value exceeds either the upper or lower bound, the price of each Outcome Token is capped at $1 and $0. In the event of ambiguity in terms of the market outcome, the market will be resolved in good faith at the sole discretion of the Markets Integrity Committee (MIC).
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.
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.