Prediction HFT
ALL
Will USDC flip USDT in market cap by August 31?

Will USDC flip USDT in market cap by August 31?

RESOLVESAug 31, 2022 · 12:00 AM UTC
SOURCEcoingecko.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
$94k
Since creation
LIQUIDITY
$312
Available to trade

Recent trades

Last 10 fills · live
TIMESIDEPRICESIZEVALUETRADER

Resolution rules

From Polymarket
https://www.coingecko.com/en/coins/usd-coin/historical_data#panel & https://www.coingecko.com/en/coins/tether/historical_data#panel
ORACLEUMA Optimistic
DISPUTE PERIOD2 hours

About this market

Context

This is a market on whether the market capitalization of $USDC (USD Coin) will surpass that of $USDT (Tether) within this market's timeframe, according to CoinGecko. This market will resolve based on CoinGecko's "historical data" section for each coin, currently available at https://www.coingecko.com/en/coins/usd-coin/historical_data#panel and https://www.coingecko.com/en/coins/tether/historical_data#panel respectively, specifically the daily "Market Cap" data. This market's timeframe spans from June 22, 2022 to August 31, 2022 (inclusive). If, according to the resolution source, $USDC has a greater market cap than $USDT for any day within this market's timeframe, this market will resolve to “Yes”. If the market cap of $USDC is equal to or lower than that of $USDT for every day within this market's timeframe, then this market will resolve to “No”. This market may only resolve to "No" once the August 31 market cap data is available. Note that only the historical data numbers will be used for the comparison of the market caps. If the URLs linking to CoinGecko's Historical Data change at any point, the new URLs will be used instead of the ones initially listed. If the resolution data for any of the relevant days remains unavailable through September 1, 2022, 12:00 PM ET, CoinMarketCap historical data will be used instead.

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://www.coingecko.com/en/coins/usd-coin/historical_data#panel & https://www.coingecko.com/en/coins/tether/historical_data#panel
When does this market close?+
Trading closes at Aug 31, 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.