Trade: US bank failure by May 31?
Resolution criteria on PolyGram: This market will resolve to "Yes" if any US bank fails between this market's creation and the listed date 11:59 PM ET (according to the FDIC's "Failed Bank List"). Otherwise, this market will resolve to "No." For this market to resolve to "Yes", the bank's closing date as listed by the FDIC must be within this market's above-specified timeframe. If there is a potential bank failure within this market's timeframe and the FDIC "Failed Bank List" has not been updated yet, this market may remain open to allow for the list to be updated.
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.
- Liquidity
- —
- Total Volume
- $7K
- 24h Volume
- —
- Open Interest
- $2K
Market outcomes
| US bank failure by May 31? | 100% YES | 0% NO |
Market context
The question is whether the Federal Deposit Insurance Corporation will add at least one institution to its Failed Bank List between now and 31 May 2026. The current order book on Polymarket is pricing this outcome at 100% implied probability, reflecting traders' assessment that a US bank failure within the next 18 months is virtually certain rather than merely probable.
Historical context shows that bank failures, whilst rare in the modern era, do occur with some regularity. Between 2008 and 2012, the FDIC closed 489 banks following the financial crisis. More recently, the sector experienced three notable failures in 2023: Silicon Valley Bank, Signature Bank, and First Republic Bank. These collapses stemmed from deposit flight, interest rate exposure, and concentrated customer bases. The current 100% pricing suggests traders view systemic vulnerabilities or idiosyncratic risks as sufficiently elevated that zero failures over an 18-month window is implausible.
Traders monitoring this market should track quarterly bank stress test results from the Federal Reserve, scheduled for June 2025 and June 2026, which assess capital adequacy under adverse scenarios. Regional bank earnings reports and deposit flow data will signal emerging vulnerabilities. The Federal Reserve's policy trajectory on interest rates remains material—sustained higher rates increase refinancing pressures on banks holding legacy low-yielding assets. Regulatory actions, including any enforcement orders against struggling institutions, typically precede formal closures by months. The FDIC's quarterly Quarterly Banking Profile reports provide early warning indicators on problem bank trends.
Wikipedia Context
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US Bankcard Services
U.S. Bankcard Services, Inc. (USBSI) is a provider of merchant services for credit card and other electronic payment transactions. The company is located in City of Industry, California, United States, and serves the United States. US Bankcard Services is an Elavon, Inc. company.
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Bankruptcy in the United StatesIn the United States, bankruptcy is largely governed by federal law, commonly referred to as the "Bankruptcy Code" ("Code"). The United States Constitution authorizes Congress to enact "uniform Laws on the subject of Bankruptcies throughout the United States". Congress has exercised this authority several times since 1801, including through adoption of the B
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Troubled Asset Relief Program
The Troubled Asset Relief Program (TARP) is a program of the United States government to purchase toxic assets and equity from financial institutions to strengthen its financial sector that was passed by Congress and signed into law by President George W. Bush. It was a component of the government's measures in 2008 to address the subprime mortgage crisis.
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U.S. Bank StadiumU.S. Bank Stadium is an indoor multi-purpose stadium located in Minneapolis, Minnesota, U.S. Built on the former site of the Hubert H. Humphrey Metrodome, the stadium opened in 2016 and is the home venue of the Minnesota Vikings of the National Football League (NFL). It also hosts early season college baseball games of the University of Minnesota Golden Goph
How this market resolves
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.
How to trade this market step by step
The mechanics for trading "US bank failure by May 31?" are the same as any other PolyGram 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.
- Sign in on polygram.ink with your email — no full KYC under $1,500 lifetime trading volume.
- Deposit USDC on Polygon (lowest fees, ~$0.01 per transaction) or Ethereum. Funds credit after 12 confirmations.
- Pick a side. Buy YES if you believe the event will happen; buy NO if you think it won't. The current YES price reflects the market's collective probability.
- Size your position. If you stake 100 USDC at 100% YES, you'll receive shares that pay $100 if YES resolves true — a 0% gross return. If NO resolves, your shares are worth $0.
- Set risk controls (optional). Stop-loss, take-profit, and limit-order types all supported. Use the trade ticket's slippage box to cap your maximum entry price.
- Wait for resolution. When the event resolves on-chain via the UMA optimistic oracle, the winning side settles to 100¢ automatically and USDC hits your balance within seconds. Withdrawable to any wallet you control.
How active is this market?
$7K in lifetime turnover and $0 of resting liquidity puts this market in the below the median by volume for economy contracts on PolyGram. Order-book depth is thin — large orders may need to be split across the book or executed as limit orders.
The market has been open for under a month — fresh enough that information asymmetry remains a real factor.
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.
Key terms
- YES / NO share
- A binary outcome token that pays $1.00 if the underlying claim resolves true (YES) or false (NO), and $0 otherwise. The market price between 0¢ and 100¢ is the implied probability.
- CLOB
- Central limit order book. The matching engine that pairs YES buyers with NO buyers (effectively the same trade). Polymarket's CLOB on Polygon executes trades on-chain via the conditional-tokens framework.
- Liquidity
- USDC capital sitting in resting limit orders inside the order book. Deeper liquidity means smaller slippage on large trades and a tighter bid-ask spread.
- UMA optimistic oracle
- The on-chain dispute system that settles each Polymarket market. A proposer submits the outcome, a two-hour challenge window opens, and unchallenged proposals finalise the resolution.
- Slippage
- The difference between the displayed mid-price and your fill price. Affects market orders most; limit orders avoid slippage but may take time to fill.
- Conditional token
- ERC-1155 outcome share issued by Gnosis Conditional Tokens on Polygon. The token type that resolves to $1.00 or $0.00 at settlement.
Frequently asked questions
What is the current probability for "US bank failure by May 31?"?
As of today, traders on Polymarket price this outcome at 100%. The number updates continuously as the order book clears. PolyGram mirrors the same live odds with locale-aware formatting and USDC settlement.
How does this market resolve?
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.
When does this market close?
This prediction market is scheduled to close on 31 May 2026. 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.
How can I trade on "US bank failure by May 31?"?
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.
What happens when the market resolves?
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.
Risk and regulatory note
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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