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This is a market on whether the U.S. Men’s Basketball team will win the Gold Medal at the 2020 Olympics. This market will resolve to “Yes” if the U.S. Men’s Basketball team wins the Gold Medal at the 2020 Olympic Games in Tokyo, Japan. Otherwise, this market will resolve to “No.” This market will resolve on August 8, 2021, when the Gold medal match is scheduled to be played, or sooner, if the U.S. Men’s basketball team is eliminated before that event. If the Gold Medal match is postponed to September 8, 2021 (Eastern Time Zone) or earlier, the same rules will apply. If the Gold Medal match is postponed to September 9, 2021 (Eastern Time Zone) or later, or cancelled altogether, this market will resolve to $0.75 for “Yes” and $0.25 for “No.” Note, this is a market on the standard team basketball event at the 2020 Olympic Games, in the Men’s category, not the 3x3 Basketball event.
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.