Skip to main content
Rewards automation 400 4pt5 50 1

Trade: S&P 500 (SPX) Up or Down on June 1?

51% YES 49% NO

Opened · Settles

Resolution criteria on PolyGram: This market will resolve to "Up" if the official S&P 500 Index closing price for S&P 500 (SPX) on Monday, June 1, 2026 is higher than the official S&P 500 Index closing price for SPX on the most recent prior trading day. This market will resolve to "Down" if the official S&P 500 Index closing price for S&P 500 (SPX) on Monday, June 1, 2026 is lower than the official S&P 500 Index closing price for SPX on the most recent prior trading day. E.g., ordinarily, a market on Monday would refer to the previous Friday for its most recent closing price, unless that Friday were a market holiday, in which case it would refer to Thursday, or the next most recent trading day.

Real-money prediction markets aggregate live odds from thousands of traders, surfacing a sharper probability than any single forecast. Current odds favour the YES side at 51%, making this a coinflip market resolving today, backed by $25K of resting liquidity.

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
$25K
Total Volume
$75K
24h Volume
$73K
Open Interest
$36K
Trade this market on PolyGram →

Market outcomes

S&P 500 (SPX) Up or Down on June 1? 51% YES49% NO

Market context

The S&P 500 will close on Monday, 1 June 2026 either above or below Friday, 29 May's closing level. The market's 57% implied probability for an up day reflects current order book positioning on Polymarket, where traders are pricing a modest edge toward gains. This probability sits near the historical baseline: since 1980, the S&P 500 has closed higher on roughly 52–54% of all trading days, meaning the crowd is pricing only a marginal premium above the long-run average.

Single-day equity index movements depend heavily on overnight developments and opening sentiment. Key catalysts entering early June 2026 include the monthly employment report (typically released the first Friday of each month, so 5 June in this case), which would not directly influence 1 June's close but shapes positioning beforehand. Fed communications, earnings surprises from late-May filings, and any geopolitical or macroeconomic shocks between 29 May and 1 June will drive intraday volatility. Treasury yields, oil prices, and currency moves overnight can shift index futures and establish the tone at the Monday open.

The current 57% YES probability suggests traders see marginally constructive conditions but without conviction. End-of-month portfolio rebalancing and the transition into June often produce technical flows that can amplify either direction. Traders should monitor Friday's close and weekend news carefully, as gaps at the Monday open frequently determine the session's trajectory before any intraday reversal occurs.

Resolution source

This market settles from the official outcome published at https://www.wsj.com/market-data/stocks. A proposer submits the final result to the UMA optimistic oracle on Polygon; the two-hour dispute window closes and payouts clear in USDC.

Settlement window & payout timing

For this market, the resolution date is 1 June 2026. A UMA proposer can submit the outcome from that moment; the two-hour dispute window closes at , and assuming no counter-claim is staked, winning USDC clears to trader balances by approximately .

If a dispute is filed inside the two-hour window, the outcome escalates to UMA token-holder voting, which extends settlement by roughly 48 hours. Because this market resolves from a publicly verifiable feed (https://www.wsj.com/market-data/stocks), the probability of dispute is materially lower than the overall 0.5% PolyGram baseline — most disputes occur on markets with ambiguous wording or non-public resolution sources.

Withdrawal pace from your PolyGram balance is non-custodial and immediate — once payout clears, funds are yours to send to any Polygon wallet you control. Funds clear directly to your in-app USDC balance on Polygon. Withdrawals are non-custodial: send to any address you control, typical confirmation under 30 seconds, gas paid in USDC if you'd rather not hold MATIC.

Trading mechanics

Minimum order size on PolyGram is $1.00, with no maximum cap aside from available book depth. Orders route into Polymarket's on-chain CLOB on Polygon; the matching engine pairs YES buyers with NO buyers atomically — every executed trade is settled on-chain with no counterparty risk. For "S&P 500 (SPX) Up or Down on June 1?", order-book behaviour for this market reflects the underlying volatility of the outcome — patient limit orders typically fill closer to mid than market orders.

The trade ticket includes a slippage box (default 2%, configurable 0.1%-10%) that caps the worst-case entry price. At the current YES price of 51%, a $100 stake on YES buys roughly 196 shares; if YES resolves true those shares pay out at $1.00 each (a $196 gross payout, or +$96 profit). If NO resolves, the shares are worth $0. Slippage tolerance and resting-order depth determine the actual fill.

PolyGram charges 0% house edge — no spread mark-up, no rake on winnings, no withdrawal fees beyond network gas. The platform earns exclusively from optional features (copy-trade boosts, advanced order types, the yield vault on idle USDC); the trading surface itself is at-cost.

How to trade this market step by step

The mechanics for trading "S&P 500 (SPX) Up or Down on June 1?" 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.

  1. Sign in on polygram.ink with your email — no full KYC under $1,500 lifetime trading volume.
  2. Deposit USDC on Polygon (lowest fees, ~$0.01 per transaction) or Ethereum. Funds credit after 12 confirmations.
  3. 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.
  4. Size your position. If you stake 100 USDC at 51% YES, you'll receive shares that pay $196 if YES resolves true — a 96% gross return. If NO resolves, your shares are worth $0.
  5. 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.
  6. 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?

$75K in lifetime turnover and $25K of resting liquidity puts this market in the above the median by volume for rewards automation 400 4pt5 50 1 contracts on PolyGram. Order-book depth is modest — expect a couple of cents of slippage on $1k+ trades.

Last 24 hours alone saw $73K in turnover, well above the lifetime daily-average for this market — a clear sign of news catalysing trader activity right now.

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.
This market's resolution criterion
For "S&P 500 (SPX) Up or Down on June 1?", the resolution criterion is: This market will resolve to "Up" if the official S&P 500 Index closing price for S&P 500 (SPX) on Monday, June 1, 2026 is higher than the official S&P 500 Index closing price for SPX on the most recent prior trading day. This market will re…

See the full prediction-market glossary →

Frequently asked questions

What is the current probability for "S&P 500 (SPX) Up or Down on June 1?"?

As of today, traders on Polymarket price this outcome at 51%. 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 sourced from https://www.wsj.com/market-data/stocks. Settlement is executed by the UMA optimistic oracle on Polygon, with a 2-hour dispute window before payouts clear.

When does this market close?

This prediction market is scheduled to close on 1 June 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 "S&P 500 (SPX) Up or Down on June 1?"?

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. For "S&P 500 (SPX) Up or Down on June 1?", the considerations above apply directly — Trade size should reflect the binary nature of the payoff: even a 70% probability event resolves NO 30% of the time, so any single position can lose 100% of staked capital.

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.

View live odds & trade →

Related prediction markets

Explore more prediction market odds and trading opportunities on PolyGram: