Market icon

Stablecoin Depegs

Market icon

Stablecoin Depegs

$556,635 Vol.

Jul 31, 2022
Polymarket

$556,635 Vol.

Polymarket
Market icon

USDT below $0.98 by July 30?

$476,792 Vol.

No

Market icon

USDD below $0.85 by July 30?

$15,915 Vol.

No

Market icon

USDN below $0.50 by July 30?

$63,927 Vol.

No

This market will resolve to “Yes” if the price of Tether (USDT) falls below $0.980000 at any time within the market timeframe, and to “No” otherwise.

This market timeframe spans from May 10, 2022, 12:00:00 AM ET to July 31, 2022, 12:00:00 AM ET.

The primary resolution source for this market will be Coingecko's 30min candlestick low prices, with "Sun Jul 31 2022, 00:00:00" as the last relevant candle used for the market: https://www.coingecko.com/en/coins/tether.
Volume
$556,635
End Date
Jul 30, 2022
Market Opened
Jun 19, 2022, 8:00 PM ET
This market will resolve to “Yes” if the price of Tether (USDT) falls below $0.980000 at any time within the market timeframe, and to “No” otherwise. This market timeframe spans from May 10, 2022, 12:00:00 AM ET to July 31, 2022, 12:00:00 AM ET. The primary resolution source for this market will be Coingecko's 30min candlestick low prices, with "Sun Jul 31 2022, 00:00:00" as the last relevant candle used for the market: https://www.coingecko.com/en/coins/tether.

Outcome proposed: No

No dispute

Final outcome: No

Beware of external links.

Frequently Asked Questions

"Stablecoin Depegs" is a prediction market on Polymarket with 3 possible outcomes where traders buy and sell shares based on what they believe will happen. The current leading outcome is "USDT below $0.98 by July 30?" at 0%, followed by "USDD below $0.85 by July 30?" at 0%. Prices reflect real-time crowd-sourced probabilities. For example, a share priced at 0¢ implies that the market collectively assigns a 0% 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, "Stablecoin Depegs" has generated $556.6K in total trading volume since the market launched on Jun 20, 2022. 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 "Stablecoin Depegs," browse the 3 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.

This is a wide-open market. The current leader for "Stablecoin Depegs" is "USDT below $0.98 by July 30?" at just 0%, with "USDD below $0.85 by July 30?" close behind at 0%. With no outcome commanding a strong majority, traders see this as highly uncertain, which can present unique trading opportunities. These odds update in real-time, so bookmark this page to watch how the probabilities evolve.

The resolution rules for "Stablecoin Depegs" 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.