Market icon

US debt ceiling hike by...?

Market icon

US debt ceiling hike by...?

$497,218 Vol.

Jun 1, 2023
Polymarket

$497,218 Vol.

Polymarket
Market icon

June 1

$234,312 Vol.

No

Market icon

June 2

$88,831 Vol.

No

Market icon

June 3

$6,033 Vol.

Yes

Market icon

June 5

$59,207 Vol.

Yes

Market icon

July 1

$108,836 Vol.

Yes

This market will resolve to "Yes" if the current debt ceiling for the US federal government is raised or suspended between May 16 and June 1, 2023, 11:59:59 PM ET. Otherwise, this market will resolve to "No".

The debt ceiling for the US federal government herein refers to the limit set by Title 31 of the U.S. Code, § 3101. Raising this debt ceiling refers to legislation enacted creating a new debt limit greater than the legal limit in effect as of the creation of this market (5/16/2023). Suspending this debt ceiling refers to legislation enacted that suspends application of the debt limit found in Title 31 U.S. Code § 3101 for any length of time.

The primary resolution source for this market will be information from the U.S. federal government (e.g. https://www.congress.gov/), however a consensus of credible reporting will also be used.
Volume
$497,218
End Date
Jul 1, 2023
Created At
Apr 24, 2023, 4:27 PM ET
This market will resolve to "Yes" if the current debt ceiling for the US federal government is raised or suspended between May 16 and June 1, 2023, 11:59:59 PM ET. Otherwise, this market will resolve to "No". The debt ceiling for the US federal government herein refers to the limit set by Title 31 of the U.S. Code, § 3101. Raising this debt ceiling refers to legislation enacted creating a new debt limit greater than the legal limit in effect as of the creation of this market (5/16/2023). Suspending this debt ceiling refers to legislation enacted that suspends application of the debt limit found in Title 31 U.S. Code § 3101 for any length of time. The primary resolution source for this market will be information from the U.S. federal government (e.g. https://www.congress.gov/), however a consensus of credible reporting will also be used.

Outcome proposed: No

No dispute

Final outcome: No

Beware of external links.

Frequently Asked Questions

"US debt ceiling hike by...?" is a prediction market on Polymarket with 5 possible outcomes where traders buy and sell shares based on what they believe will happen. The current leading outcome is "June 3" at 100%, followed by "June 5" at 100%. Prices reflect real-time crowd-sourced probabilities. For example, a share priced at 100¢ implies that the market collectively assigns a 100% 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, "US debt ceiling hike by...?" has generated $497.2K in total trading volume since the market launched on Apr 24, 2023. 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 "US debt ceiling hike by...?," browse the 5 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 "US debt ceiling hike by...?" is "June 3" at 100%, meaning the market assigns a 100% chance to that outcome. The next closest outcome is "June 5" at 100%. 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 "US debt ceiling hike by...?" 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.