Prediction HFT
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Will weekly jobless claims exceed 385K for the week ending on August 7?

Will weekly jobless claims exceed 385K for the week ending on August 7?

RESOLVESAug 12, 2021 · 12:00 AM UTC
SOURCEdol.gov

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
$8k
Since creation
LIQUIDITY
$371
Available to trade

Recent trades

Last 10 fills · live
TIMESIDEPRICESIZEVALUETRADER

Resolution rules

From Polymarket
https://www.dol.gov/ui/data.pdf & https://oui.doleta.gov/unemploy/claims_arch.asp
ORACLEUMA Optimistic
DISPUTE PERIOD2 hours

About this market

Context

This is a market on whether the number of Americans that file weekly jobless claims will exceed 385,000 for the week ending on Saturday, August 7, 2021. This market will resolve to “Yes” if the United States Department of Labor reports that there were more than 385,000 seasonally adjusted initial claims for unemployment insurance for the week ending on August 7, 2021. This market will resolve to “No” if the United States Department of Labor reports that there were 385,000 or less seasonally adjusted initial claims for unemployment insurance for the week ending on August 7, 2021. The resolution source for this market will be the United States Department of Labor’s Weekly Uninsurance Claims report for the week ending on Saturday, August 7, 2021, expected to be released on Thursday, August 12, 2021, 8:30 AM ET. Resolution of this market will take place upon release of the aforementioned data. If data is not available for the aforementioned dates by Wednesday, August 18, 2021, 12:00 PM ET, this market will resolve 50-50.

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.dol.gov/ui/data.pdf & https://oui.doleta.gov/unemploy/claims_arch.asp
When does this market close?+
Trading closes at Aug 12, 2021 · 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.