Market icon

NBA Eastern Conference #1 Seed

Market icon

NBA Eastern Conference #1 Seed

Detroit Pistons 83.9%

Boston Celtics 14.3%

New York Knicks 1.7%

Cleveland Cavaliers 1.1%

Polymarket

$142,184 Vol.

Detroit Pistons 83.9%

Boston Celtics 14.3%

New York Knicks 1.7%

Cleveland Cavaliers 1.1%

Polymarket

$142,184 Vol.

Detroit Pistons

$16,943 Vol.

84%

Boston Celtics

$13,974 Vol.

14%

New York Knicks

$6,168 Vol.

2%

Cleveland Cavaliers

$17,517 Vol.

1%

Toronto Raptors

$0 Vol.

<1%

This market will resolve according to the team that finishes with the best regular-season record in the 2025–2026 NBA Eastern Conference standings. This market will resolve to “No” if it becomes impossible for this team to finish the 2025–26 NBA Regular Season with the best Regular Season record in the Eastern Conference. If multiple teams are tied for most wins in the 2025–26 NBA Regular Season in the Eastern Conference, this market will resolve in favor of the team that receives the number 1 seed for the 2026 NBA Playoffs. A list of the NBA’s Tiebreak Procedures can be found here: https://ak-static-int.nba.com/wp-content/uploads/sites/2/2017/06/NBA_Tiebreaker_Procedures.pdf. The resolution source for this market will be information from the NBA.This market will resolve according to the team that finishes with the best regular-season record in the 2025–2026 NBA Eastern Conference standings. This market will resolve to “No” if it becomes impossible for this team to finish the 2025–26 NBA Regular Season with the best Regular Season record in the Eastern Conference. If multiple teams are tied for most wins in the 2025–26 NBA Regular Season in the Eastern Conference, this market will resolve in favor of the team that receives the number 1 seed for the 2026 NBA Playoffs. A list of the NBA’s Tiebreak Procedures can be found here: https://ak-static-int.nba.com/wp-content/uploads/sites/2/2017/06/NBA_Tiebreaker_Procedures.pdf. The resolution source for this market will be information from the NBA.This market will resolve according to the team that finishes with the best regular-season record in the 2025–2026 NBA Eastern Conference standings. This market will resolve to “No” if it becomes impossible for this team to finish the 2025–26 NBA Regular Season with the best Regular Season record in the Eastern Conference. If multiple teams are tied for most wins in the 2025–26 NBA Regular Season in the Eastern Conference, this market will resolve in favor of the team that receives the number 1 seed for the 2026 NBA Playoffs. A list of the NBA’s Tiebreak Procedures can be found here: https://ak-static-int.nba.com/wp-content/uploads/sites/2/2017/06/NBA_Tiebreaker_Procedures.pdf. The resolution source for this market will be information from the NBA.This market will resolve according to the team that finishes with the best regular-season record in the 2025–2026 NBA Eastern Conference standings. This market will resolve to “No” if it becomes impossible for this team to finish the 2025–26 NBA Regular Season with the best Regular Season record in the Eastern Conference. If multiple teams are tied for most wins in the 2025–26 NBA Regular Season in the Eastern Conference, this market will resolve in favor of the team that receives the number 1 seed for the 2026 NBA Playoffs. A list of the NBA’s Tiebreak Procedures can be found here: https://ak-static-int.nba.com/wp-content/uploads/sites/2/2017/06/NBA_Tiebreaker_Procedures.pdf. The resolution source for this market will be information from the NBA.This market will resolve according to the team that finishes with the best regular-season record in the 2025–2026 NBA Eastern Conference standings. This market will resolve to “No” if it becomes impossible for this team to finish the 2025–26 NBA Regular Season with the best Regular Season record in the Eastern Conference. If multiple teams are tied for most wins in the 2025–26 NBA Regular Season in the Eastern Conference, this market will resolve in favor of the team that receives the number 1 seed for the 2026 NBA Playoffs. A list of the NBA’s Tiebreak Procedures can be found here: https://ak-static-int.nba.com/wp-content/uploads/sites/2/2017/06/NBA_Tiebreaker_Procedures.pdf. The resolution source for this market will be information from the NBA.This market will resolve according to the team that finishes with the best regular-season record in the 2025–2026 NBA Eastern Conference standings. This market will resolve to “No” if it becomes impossible for this team to finish the 2025–26 NBA Regular Season with the best Regular Season record in the Eastern Conference. If multiple teams are tied for most wins in the 2025–26 NBA Regular Season in the Eastern Conference, this market will resolve in favor of the team that receives the number 1 seed for the 2026 NBA Playoffs. A list of the NBA’s Tiebreak Procedures can be found here: https://ak-static-int.nba.com/wp-content/uploads/sites/2/2017/06/NBA_Tiebreaker_Procedures.pdf. The resolution source for this market will be information from the NBA.This market will resolve according to the team that finishes with the best regular-season record in the 2025–2026 NBA Eastern Conference standings. This market will resolve to “No” if it becomes impossible for this team to finish the 2025–26 NBA Regular Season with the best Regular Season record in the Eastern Conference. If multiple teams are tied for most wins in the 2025–26 NBA Regular Season in the Eastern Conference, this market will resolve in favor of the team that receives the number 1 seed for the 2026 NBA Playoffs. A list of the NBA’s Tiebreak Procedures can be found here: https://ak-static-int.nba.com/wp-content/uploads/sites/2/2017/06/NBA_Tiebreaker_Procedures.pdf. The resolution source for this market will be information from the NBA.This market will resolve according to the team that finishes with the best regular-season record in the 2025–2026 NBA Eastern Conference standings. This market will resolve to “No” if it becomes impossible for this team to finish the 2025–26 NBA Regular Season with the best Regular Season record in the Eastern Conference. If multiple teams are tied for most wins in the 2025–26 NBA Regular Season in the Eastern Conference, this market will resolve in favor of the team that receives the number 1 seed for the 2026 NBA Playoffs. A list of the NBA’s Tiebreak Procedures can be found here: https://ak-static-int.nba.com/wp-content/uploads/sites/2/2017/06/NBA_Tiebreaker_Procedures.pdf. The resolution source for this market will be information from the NBA.This market will resolve according to the team that finishes with the best regular-season record in the 2025–2026 NBA Eastern Conference standings. This market will resolve to “No” if it becomes impossible for this team to finish the 2025–26 NBA Regular Season with the best Regular Season record in the Eastern Conference. If multiple teams are tied for most wins in the 2025–26 NBA Regular Season in the Eastern Conference, this market will resolve in favor of the team that receives the number 1 seed for the 2026 NBA Playoffs. A list of the NBA’s Tiebreak Procedures can be found here: https://ak-static-int.nba.com/wp-content/uploads/sites/2/2017/06/NBA_Tiebreaker_Procedures.pdf. The resolution source for this market will be information from the NBA.This market will resolve according to the team that finishes with the best regular-season record in the 2025–2026 NBA Eastern Conference standings. This market will resolve to “No” if it becomes impossible for this team to finish the 2025–26 NBA Regular Season with the best Regular Season record in the Eastern Conference. If multiple teams are tied for most wins in the 2025–26 NBA Regular Season in the Eastern Conference, this market will resolve in favor of the team that receives the number 1 seed for the 2026 NBA Playoffs. A list of the NBA’s Tiebreak Procedures can be found here: https://ak-static-int.nba.com/wp-content/uploads/sites/2/2017/06/NBA_Tiebreaker_Procedures.pdf. The resolution source for this market will be information from the NBA.This market will resolve according to the team that finishes with the best regular-season record in the 2025–2026 NBA Eastern Conference standings. This market will resolve to “No” if it becomes impossible for this team to finish the 2025–26 NBA Regular Season with the best Regular Season record in the Eastern Conference. If multiple teams are tied for most wins in the 2025–26 NBA Regular Season in the Eastern Conference, this market will resolve in favor of the team that receives the number 1 seed for the 2026 NBA Playoffs. A list of the NBA’s Tiebreak Procedures can be found here: https://ak-static-int.nba.com/wp-content/uploads/sites/2/2017/06/NBA_Tiebreaker_Procedures.pdf. The resolution source for this market will be information from the NBA.This market will resolve according to the team that finishes with the best regular-season record in the 2025–2026 NBA Eastern Conference standings. This market will resolve to “No” if it becomes impossible for this team to finish the 2025–26 NBA Regular Season with the best Regular Season record in the Eastern Conference. If multiple teams are tied for most wins in the 2025–26 NBA Regular Season in the Eastern Conference, this market will resolve in favor of the team that receives the number 1 seed for the 2026 NBA Playoffs. A list of the NBA’s Tiebreak Procedures can be found here: https://ak-static-int.nba.com/wp-content/uploads/sites/2/2017/06/NBA_Tiebreaker_Procedures.pdf. The resolution source for this market will be information from the NBA.This market will resolve according to the team that finishes with the best regular-season record in the 2025–2026 NBA Eastern Conference standings. This market will resolve to “No” if it becomes impossible for this team to finish the 2025–26 NBA Regular Season with the best Regular Season record in the Eastern Conference. If multiple teams are tied for most wins in the 2025–26 NBA Regular Season in the Eastern Conference, this market will resolve in favor of the team that receives the number 1 seed for the 2026 NBA Playoffs. A list of the NBA’s Tiebreak Procedures can be found here: https://ak-static-int.nba.com/wp-content/uploads/sites/2/2017/06/NBA_Tiebreaker_Procedures.pdf. The resolution source for this market will be information from the NBA.This market will resolve according to the team that finishes with the best regular-season record in the 2025–2026 NBA Eastern Conference standings. This market will resolve to “No” if it becomes impossible for this team to finish the 2025–26 NBA Regular Season with the best Regular Season record in the Eastern Conference. If multiple teams are tied for most wins in the 2025–26 NBA Regular Season in the Eastern Conference, this market will resolve in favor of the team that receives the number 1 seed for the 2026 NBA Playoffs. A list of the NBA’s Tiebreak Procedures can be found here: https://ak-static-int.nba.com/wp-content/uploads/sites/2/2017/06/NBA_Tiebreaker_Procedures.pdf. The resolution source for this market will be information from the NBA.This market will resolve according to the team that finishes with the best regular-season record in the 2025–2026 NBA Eastern Conference standings. This market will resolve to “No” if it becomes impossible for this team to finish the 2025–26 NBA Regular Season with the best Regular Season record in the Eastern Conference. If multiple teams are tied for most wins in the 2025–26 NBA Regular Season in the Eastern Conference, this market will resolve in favor of the team that receives the number 1 seed for the 2026 NBA Playoffs. A list of the NBA’s Tiebreak Procedures can be found here: https://ak-static-int.nba.com/wp-content/uploads/sites/2/2017/06/NBA_Tiebreaker_Procedures.pdf. The resolution source for this market will be information from the NBA.

This market will resolve according to the team that finishes with the best regular-season record in the 2025–2026 NBA Eastern Conference standings.

This market will resolve to “No” if it becomes impossible for this team to finish the 2025–26 NBA Regular Season with the best Regular Season record in the Eastern Conference.

If multiple teams are tied for most wins in the 2025–26 NBA Regular Season in the Eastern Conference, this market will resolve in favor of the team that receives the number 1 seed for the 2026 NBA Playoffs. A list of the NBA’s Tiebreak Procedures can be found here: https://ak-static-int.nba.com/wp-content/uploads/sites/2/2017/06/NBA_Tiebreaker_Procedures.pdf.

The resolution source for this market will be information from the NBA.
Volume
$142,184
End Date
Apr 12, 2026
Market Opened
Oct 22, 2025, 12:09 PM ET
This market will resolve according to the team that finishes with the best regular-season record in the 2025–2026 NBA Eastern Conference standings. This market will resolve to “No” if it becomes impossible for this team to finish the 2025–26 NBA Regular Season with the best Regular Season record in the Eastern Conference. If multiple teams are tied for most wins in the 2025–26 NBA Regular Season in the Eastern Conference, this market will resolve in favor of the team that receives the number 1 seed for the 2026 NBA Playoffs. A list of the NBA’s Tiebreak Procedures can be found here: https://ak-static-int.nba.com/wp-content/uploads/sites/2/2017/06/NBA_Tiebreaker_Procedures.pdf. The resolution source for this market will be information from the NBA.

Outcome proposed: No

No dispute

Final outcome: No

This market will resolve according to the team that finishes with the best regular-season record in the 2025–2026 NBA Eastern Conference standings. This market will resolve to “No” if it becomes impossible for this team to finish the 2025–26 NBA Regular Season with the best Regular Season record in the Eastern Conference. If multiple teams are tied for most wins in the 2025–26 NBA Regular Season in the Eastern Conference, this market will resolve in favor of the team that receives the number 1 seed for the 2026 NBA Playoffs. A list of the NBA’s Tiebreak Procedures can be found here: https://ak-static-int.nba.com/wp-content/uploads/sites/2/2017/06/NBA_Tiebreaker_Procedures.pdf. The resolution source for this market will be information from the NBA.This market will resolve according to the team that finishes with the best regular-season record in the 2025–2026 NBA Eastern Conference standings. This market will resolve to “No” if it becomes impossible for this team to finish the 2025–26 NBA Regular Season with the best Regular Season record in the Eastern Conference. If multiple teams are tied for most wins in the 2025–26 NBA Regular Season in the Eastern Conference, this market will resolve in favor of the team that receives the number 1 seed for the 2026 NBA Playoffs. A list of the NBA’s Tiebreak Procedures can be found here: https://ak-static-int.nba.com/wp-content/uploads/sites/2/2017/06/NBA_Tiebreaker_Procedures.pdf. The resolution source for this market will be information from the NBA.This market will resolve according to the team that finishes with the best regular-season record in the 2025–2026 NBA Eastern Conference standings. This market will resolve to “No” if it becomes impossible for this team to finish the 2025–26 NBA Regular Season with the best Regular Season record in the Eastern Conference. If multiple teams are tied for most wins in the 2025–26 NBA Regular Season in the Eastern Conference, this market will resolve in favor of the team that receives the number 1 seed for the 2026 NBA Playoffs. A list of the NBA’s Tiebreak Procedures can be found here: https://ak-static-int.nba.com/wp-content/uploads/sites/2/2017/06/NBA_Tiebreaker_Procedures.pdf. The resolution source for this market will be information from the NBA.This market will resolve according to the team that finishes with the best regular-season record in the 2025–2026 NBA Eastern Conference standings. This market will resolve to “No” if it becomes impossible for this team to finish the 2025–26 NBA Regular Season with the best Regular Season record in the Eastern Conference. If multiple teams are tied for most wins in the 2025–26 NBA Regular Season in the Eastern Conference, this market will resolve in favor of the team that receives the number 1 seed for the 2026 NBA Playoffs. A list of the NBA’s Tiebreak Procedures can be found here: https://ak-static-int.nba.com/wp-content/uploads/sites/2/2017/06/NBA_Tiebreaker_Procedures.pdf. The resolution source for this market will be information from the NBA.This market will resolve according to the team that finishes with the best regular-season record in the 2025–2026 NBA Eastern Conference standings. This market will resolve to “No” if it becomes impossible for this team to finish the 2025–26 NBA Regular Season with the best Regular Season record in the Eastern Conference. If multiple teams are tied for most wins in the 2025–26 NBA Regular Season in the Eastern Conference, this market will resolve in favor of the team that receives the number 1 seed for the 2026 NBA Playoffs. A list of the NBA’s Tiebreak Procedures can be found here: https://ak-static-int.nba.com/wp-content/uploads/sites/2/2017/06/NBA_Tiebreaker_Procedures.pdf. The resolution source for this market will be information from the NBA.This market will resolve according to the team that finishes with the best regular-season record in the 2025–2026 NBA Eastern Conference standings. This market will resolve to “No” if it becomes impossible for this team to finish the 2025–26 NBA Regular Season with the best Regular Season record in the Eastern Conference. If multiple teams are tied for most wins in the 2025–26 NBA Regular Season in the Eastern Conference, this market will resolve in favor of the team that receives the number 1 seed for the 2026 NBA Playoffs. A list of the NBA’s Tiebreak Procedures can be found here: https://ak-static-int.nba.com/wp-content/uploads/sites/2/2017/06/NBA_Tiebreaker_Procedures.pdf. The resolution source for this market will be information from the NBA.This market will resolve according to the team that finishes with the best regular-season record in the 2025–2026 NBA Eastern Conference standings. This market will resolve to “No” if it becomes impossible for this team to finish the 2025–26 NBA Regular Season with the best Regular Season record in the Eastern Conference. If multiple teams are tied for most wins in the 2025–26 NBA Regular Season in the Eastern Conference, this market will resolve in favor of the team that receives the number 1 seed for the 2026 NBA Playoffs. A list of the NBA’s Tiebreak Procedures can be found here: https://ak-static-int.nba.com/wp-content/uploads/sites/2/2017/06/NBA_Tiebreaker_Procedures.pdf. The resolution source for this market will be information from the NBA.This market will resolve according to the team that finishes with the best regular-season record in the 2025–2026 NBA Eastern Conference standings. This market will resolve to “No” if it becomes impossible for this team to finish the 2025–26 NBA Regular Season with the best Regular Season record in the Eastern Conference. If multiple teams are tied for most wins in the 2025–26 NBA Regular Season in the Eastern Conference, this market will resolve in favor of the team that receives the number 1 seed for the 2026 NBA Playoffs. A list of the NBA’s Tiebreak Procedures can be found here: https://ak-static-int.nba.com/wp-content/uploads/sites/2/2017/06/NBA_Tiebreaker_Procedures.pdf. The resolution source for this market will be information from the NBA.This market will resolve according to the team that finishes with the best regular-season record in the 2025–2026 NBA Eastern Conference standings. This market will resolve to “No” if it becomes impossible for this team to finish the 2025–26 NBA Regular Season with the best Regular Season record in the Eastern Conference. If multiple teams are tied for most wins in the 2025–26 NBA Regular Season in the Eastern Conference, this market will resolve in favor of the team that receives the number 1 seed for the 2026 NBA Playoffs. A list of the NBA’s Tiebreak Procedures can be found here: https://ak-static-int.nba.com/wp-content/uploads/sites/2/2017/06/NBA_Tiebreaker_Procedures.pdf. The resolution source for this market will be information from the NBA.This market will resolve according to the team that finishes with the best regular-season record in the 2025–2026 NBA Eastern Conference standings. This market will resolve to “No” if it becomes impossible for this team to finish the 2025–26 NBA Regular Season with the best Regular Season record in the Eastern Conference. If multiple teams are tied for most wins in the 2025–26 NBA Regular Season in the Eastern Conference, this market will resolve in favor of the team that receives the number 1 seed for the 2026 NBA Playoffs. A list of the NBA’s Tiebreak Procedures can be found here: https://ak-static-int.nba.com/wp-content/uploads/sites/2/2017/06/NBA_Tiebreaker_Procedures.pdf. The resolution source for this market will be information from the NBA.This market will resolve according to the team that finishes with the best regular-season record in the 2025–2026 NBA Eastern Conference standings. This market will resolve to “No” if it becomes impossible for this team to finish the 2025–26 NBA Regular Season with the best Regular Season record in the Eastern Conference. If multiple teams are tied for most wins in the 2025–26 NBA Regular Season in the Eastern Conference, this market will resolve in favor of the team that receives the number 1 seed for the 2026 NBA Playoffs. A list of the NBA’s Tiebreak Procedures can be found here: https://ak-static-int.nba.com/wp-content/uploads/sites/2/2017/06/NBA_Tiebreaker_Procedures.pdf. The resolution source for this market will be information from the NBA.This market will resolve according to the team that finishes with the best regular-season record in the 2025–2026 NBA Eastern Conference standings. This market will resolve to “No” if it becomes impossible for this team to finish the 2025–26 NBA Regular Season with the best Regular Season record in the Eastern Conference. If multiple teams are tied for most wins in the 2025–26 NBA Regular Season in the Eastern Conference, this market will resolve in favor of the team that receives the number 1 seed for the 2026 NBA Playoffs. A list of the NBA’s Tiebreak Procedures can be found here: https://ak-static-int.nba.com/wp-content/uploads/sites/2/2017/06/NBA_Tiebreaker_Procedures.pdf. The resolution source for this market will be information from the NBA.This market will resolve according to the team that finishes with the best regular-season record in the 2025–2026 NBA Eastern Conference standings. This market will resolve to “No” if it becomes impossible for this team to finish the 2025–26 NBA Regular Season with the best Regular Season record in the Eastern Conference. If multiple teams are tied for most wins in the 2025–26 NBA Regular Season in the Eastern Conference, this market will resolve in favor of the team that receives the number 1 seed for the 2026 NBA Playoffs. A list of the NBA’s Tiebreak Procedures can be found here: https://ak-static-int.nba.com/wp-content/uploads/sites/2/2017/06/NBA_Tiebreaker_Procedures.pdf. The resolution source for this market will be information from the NBA.This market will resolve according to the team that finishes with the best regular-season record in the 2025–2026 NBA Eastern Conference standings. This market will resolve to “No” if it becomes impossible for this team to finish the 2025–26 NBA Regular Season with the best Regular Season record in the Eastern Conference. If multiple teams are tied for most wins in the 2025–26 NBA Regular Season in the Eastern Conference, this market will resolve in favor of the team that receives the number 1 seed for the 2026 NBA Playoffs. A list of the NBA’s Tiebreak Procedures can be found here: https://ak-static-int.nba.com/wp-content/uploads/sites/2/2017/06/NBA_Tiebreaker_Procedures.pdf. The resolution source for this market will be information from the NBA.This market will resolve according to the team that finishes with the best regular-season record in the 2025–2026 NBA Eastern Conference standings. This market will resolve to “No” if it becomes impossible for this team to finish the 2025–26 NBA Regular Season with the best Regular Season record in the Eastern Conference. If multiple teams are tied for most wins in the 2025–26 NBA Regular Season in the Eastern Conference, this market will resolve in favor of the team that receives the number 1 seed for the 2026 NBA Playoffs. A list of the NBA’s Tiebreak Procedures can be found here: https://ak-static-int.nba.com/wp-content/uploads/sites/2/2017/06/NBA_Tiebreaker_Procedures.pdf. The resolution source for this market will be information from the NBA.

Detroit Pistons' explosive 10-game win streak, including upsets over top contenders like the Knicks and Bucks, has propelled trader consensus to an 83.9% implied probability for the Eastern Conference's No. 1 seed, reflecting their climb to 14-8 amid Cade Cunningham's MVP-caliber play averaging 26 points and 9 assists. Boston Celtics linger at 14.6% despite a 15-6 record, hampered by Kristaps Porzingis' ongoing ankle injury and a tougher remaining schedule. Knicks (1.7%) and Cavaliers (1.1%) fade due to recent slumps and key absences like OG Anunoby and Darius Garland, while Raptors' 0.1% stems from their last-place standing. Momentum and rest advantages underscore the crowdsourced shift toward Detroit's surge.

Experimental AI-generated summary referencing Polymarket data · Updated

Beware of external links.

Frequently Asked Questions

"NBA Eastern Conference #1 Seed" is a prediction market on Polymarket with 15 possible outcomes where traders buy and sell shares based on what they believe will happen. The current leading outcome is "Detroit Pistons" at 84%, followed by "Boston Celtics" at 14%. Prices reflect real-time crowd-sourced probabilities. For example, a share priced at 84¢ implies that the market collectively assigns a 84% chance to that outcome. These odds shift continuously as traders react to new developments and information. Shares in the correct outcome are redeemable for $1 each upon market resolution.

As of today, "NBA Eastern Conference #1 Seed" has generated $142.2K in total trading volume since the market launched on Oct 22, 2025. This level of trading activity reflects strong engagement from the Polymarket community and helps ensure that the current odds are informed by a deep pool of market participants. You can track live price movements and trade on any outcome directly on this page.

To trade on "NBA Eastern Conference #1 Seed," browse the 15 available outcomes listed on this page. Each outcome displays a current price representing the market's implied probability. To take a position, select the outcome you believe is most likely, choose "Yes" to trade in favor of it or "No" to trade against it, enter your amount, and click "Trade." If your chosen outcome is correct when the market resolves, your "Yes" shares pay out $1 each. If it's incorrect, they pay out $0. You can also sell your shares at any time before resolution if you want to lock in a profit or cut a loss.

The current frontrunner for "NBA Eastern Conference #1 Seed" is "Detroit Pistons" at 84%, meaning the market assigns a 84% chance to that outcome. The next closest outcome is "Boston Celtics" at 14%. These odds update in real-time as traders buy and sell shares, so they reflect the latest collective view of what's most likely to happen. Check back frequently or bookmark this page to follow how the odds shift as new information emerges.

The resolution rules for "NBA Eastern Conference #1 Seed" define exactly what needs to happen for each outcome to be declared a winner — including the official data sources used to determine the result. You can review the complete resolution criteria in the "Rules" section on this page above the comments. We recommend reading the rules carefully before trading, as they specify the precise conditions, edge cases, and sources that govern how this market is settled.