Resolution criteria on PolyGram: This market will resolve to “Yes” if a total crypto liquidations event exceeds the highest liquidation amount ever recorded ($19.16B) at any point in 2026, as tracked by CoinGlass. Otherwise, it will resolve to “No.” The resolution source will be CoinGlass liquidation data (https://www.coinglass.com/LiquidationData), specifically the “Top 10 Crypto Liquidation Events of All Time.” If CoinGlass data becomes permanently unavailable, a consensus of credible reporting will be used.
PolyGram is an on-chain prediction market where you trade YES or NO outcome shares with real USDC on Polygon. For this market, buy YES if you believe the event will happen, or NO if you think it won't. Your maximum loss is your stake — winning shares pay $1.00 each at resolution. Unlike sportsbooks, there is no house edge: prices are set by supply and demand from other traders and reflect the crowd's real-time probability.
Market outcomes
| Record crypto liquidation in 2026? | 11% YES | 90% NO |
A single liquidation event in cryptocurrency derivatives markets exceeding $19.16 billion in notional value would set a new record. This threshold was established during the FTX collapse in November 2022, when cascading liquidations across major exchanges reached that peak. The market currently prices an 11% probability of this occurring at any point during 2026, reflecting the view that such an extreme event remains unlikely within a single calendar year.
Historical liquidation spikes have clustered around major market dislocations: the March 2020 pandemic crash ($7.5 billion), the May 2021 correction ($6 billion), and the November 2022 FTX contagion. The $19.16 billion record required simultaneous failures in risk management, exchange solvency concerns, and extreme volatility across multiple assets. Current market structure—with improved circuit breakers, position limits, and regulatory oversight—has reduced but not eliminated tail-risk scenarios. The 11% probability on Polymarket's order book reflects traders pricing in the possibility of a severe macroeconomic shock, major exchange failure, or unprecedented leverage unwind, whilst treating such outcomes as materially less probable than baseline conditions.
Traders monitoring this market should track regulatory developments affecting leverage caps, announcements regarding major exchange solvency or operational changes, and macroeconomic indicators signalling systemic stress. Bitcoin and Ethereum volatility regimes matter substantially; liquidation cascades typically require sharp directional moves combined with high open interest. CoinGlass data serves as the binding resolution source, making its methodology and real-time reporting critical to settlement.
Resolution is handled by the UMA optimistic oracle on Polygon. A proposer submits the outcome, a two-hour dispute window opens, and if no one stakes a counter-claim the payout is final. Contested outcomes escalate to UMA token-holder voting. Payouts clear in USDC to the winning side.
The mechanics for trading "Record crypto liquidation in 2026?" are the same as any other PolyGram crypto-price event contract. Each YES share resolves to $1 if the event happens, or $0 if it doesn't. The current price between 0¢ and 100¢ is the market's probability estimate, set live by the order book.
$67K in lifetime turnover and $2K of resting liquidity puts this market in the around the median by volume for crypto contracts on PolyGram. Order-book depth is thin — large orders may need to be split across the book or executed as limit orders.
Last 24 hours alone saw $38 in turnover, consistent with the market's lifetime daily-average pace.
The market has been open for 4 months — the price has had time to stabilise as new information arrived.
Higher-volume markets tend to have tighter spreads and faster price discovery — meaning the displayed YES/NO percentages are more likely to reflect the true crowd-implied probability rather than a single trader's directional view.
As of today, traders on Polymarket price this outcome at 11%. The number updates continuously as the order book clears. PolyGram mirrors the same live odds with locale-aware formatting and USDC settlement.
Resolution is handled by the UMA optimistic oracle on Polygon. A proposer submits the outcome, a 2-hour dispute window opens, and if uncontested the payout is final. Contested outcomes escalate to UMA token holders.
This prediction market is scheduled to close on 1 January 2027. After the resolving event occurs, settlement typically clears within 24 hours once the UMA optimistic oracle confirms the outcome. All payouts are in USDC on the Polygon network.
To trade on this prediction market, create a free PolyGram account at polygram.ink, deposit USDC via Polygon, and place a YES or NO order on the outcome you believe in. You can learn more on our how-it-works page. Your maximum loss is limited to your stake — there is no leverage or margin.
When the outcome is determined, winning YES shares pay out $1.00 each in USDC, while losing shares pay $0. Settlement is handled by the UMA optimistic oracle on Polygon — a proposer submits the result, a two-hour dispute window opens, and if uncontested, payouts are distributed automatically. You can withdraw your winnings to any Polygon wallet.
Prediction-market positions can lose 100% of staked capital. Outcomes are uncertain by definition — historical accuracy of crowd-implied probabilities is high in aggregate but not for any single market. PolyGram does not provide investment advice. Trade only with capital you can afford to lose.
Regulatory status varies by jurisdiction. Germany, the United States, and most EU countries treat Polymarket-style event contracts under one of three frameworks: financial derivative, gambling product, or unregulated novel asset. Consult local counsel before trading.
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