Prediction HFT
ALL

Will the Wormhole hacker return 69% or more of the exploited funds by February 9th?

RESOLVESFeb 9, 2022 · 12:00 AM UTC
SOURCEtwitter.com

Current odds

Live · updates every 20s

Price history

80¢65¢50¢35¢20¢00:0006:0012:0018:00NOWYESNO
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 · CLOB
24H VOLUME
$0
Past 24 hours
TOTAL VOLUME
$36k
Since creation
LIQUIDITY
$502
Available to trade

Recent trades

Last 10 fills · live
TIMESIDEPRICESIZEVALUETRADER

Resolution rules

From Polymarket
https://twitter.com/wormholecrypto
ORACLEUMA Optimistic
DISPUTE PERIOD2 hours

About this market

Context

In Response to Trader inquiry: Wormhole has clarified that 120k wETH was exploited. However, this market will continue to use 64,688 ETH returned as the threshold for resolving the market to “Yes.” On 2/2/2022 Wormhole was exploited for approximately 93,750 ETH, as can be seen here: https://etherscan.io/address/0x629e7da20197a5429d30da36e77d06cdf796b71a#internaltx This market will resolve to “Yes” if the Wormhole hacker returns at least 69% of the exploited funds to Wormhole by February 9, 2022 11:59:59 PM ET, and “No” otherwise.  Any official announcements by Wormhole (https://wormholenetwork.com/, https://twitter.com/wormholecrypto, etc) will be sufficient to resolve this market, as well as transactions from the hacker that return the funds to whichever relevant party or parties as determined by Wormhole. For the purposes of this market, 69% or more of the exploited funds means 64,688 ETH or more. or if other cryptocurrencies/currencies are sent instead, then at the time they were sent if their conversion into ETH was 64,688 ETH or more, it will suffice to resolve this market to “Yes.” Note that if funds are returned to Wormhole in another way, and they confirm, it will count for this market.

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 & trading
How is this market resolved?+
https://twitter.com/wormholecrypto
When does this market close?+
Trading closes at Feb 9, 2022 · 12:00 AM 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.