Will Ethena reach $0.12 in August?
BUY YES
- Cost
- 85.0¢
- Implied chance
- 85.0%
- Return if right
- 17.6%
- Spread cost
- 85%
If you put in $100
You get 117.6 shares at 85.0¢ each.
YES wins: $117.65 back, a profit of $17.65. YES loses: $0.00, and the whole $100 is gone.
The gap between buyers and sellers takes $102.13 of that profit. Without it you would make $119.78.
Assumes the whole order fills at this price. A large order eats into the book and averages worse.
Buy YES on Polymarket
BUY NO
- Cost
- 94.0¢
- Implied chance
- 94.0%
- Return if right
- 6.4%
- Spread cost
- 92%
If you put in $100
You get 106.4 shares at 94.0¢ each.
NO wins: $106.38 back, a profit of $6.38. NO loses: $0.00, and the whole $100 is gone.
The gap between buyers and sellers takes $77.10 of that profit. Without it you would make $83.49.
Assumes the whole order fills at this price. A large order eats into the book and averages worse.
Buy NO on Polymarket
Latest: Aug 22, 06:17 AM1 further outcome not shown
Latest news
headlines link to their publishers- Ethena's ENA token surges 48%, but altcoin season will have to waitCoinDesk · 14h ago
- FalconX, Ethena bring USDe backing assets into $1B institutional credit facilityCointelegraph · 3d ago
- Beyond crypto funding rates: Ethena diversifies USDe backing with $1 billion FalconX facilityCoinDesk · 3d ago
- Ethena treasury company StablecoinX shares jump 12% after revealing 20% stake in ENA supplyThe Block · 8d ago
Headlines are matched on the names in “Will Ethena reach $0.12 in August?”. Nobody checks them by hand, so one may not be relevant. They also say nothing about whether the price has already moved on this news.
How this market resolves
This market will immediately resolve to "Yes" if any Binance 1 minute candle for ENA/USDT during the month specified in the title (from 00:00 AM ET on the first day to 11:59 PM ET on the last) has a final High price equal to or greater than the price specified in the title. Otherwise, this market will resolve to "No." The resolution source for this market is Binance, specifically the ENA/USDT High prices available at https://www.binance.com/en/trade/ENA_USDT, with the chart settings on "1m" for one-minute candles selected on the top bar. Please note that the outcome of this market depends solely on the price data from the Binance ENA/USDT trading pair. Prices from other exchanges, different trading pairs, or spot markets will not be considered for the resolution of this market.