Skip to main content
Xrp

Trade: XRP price on May 17?

Opened · Settles

Resolution criteria on PolyGram: This market will resolve according to the final "Close" price of the Binance 1 minute candle for XRP/USDT 12:00 in the ET timezone (noon) on the date specified in the title. Otherwise, this market will resolve to "No". The resolution source for this market is Binance, specifically the XRP/USDT "Close" prices currently available at https://www.binance.com/en/trade/XRP_USDT with "1m" and "Candles" selected on the top bar. If the reported value falls exactly between two brackets, then this market will resolve to the higher range bracket. Please note that this market is about the price according to Binance XRP/USDT, not according to other exchanges or trading pairs.

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
$545
Total Volume
24h Volume
Open Interest
Trade this market on PolyGram →

Market outcomes

<1.00 3% YES97% NO
1.00-1.10 3% YES97% NO
1.10-1.20 25% YES75% NO
1.20-1.30 27% YES73% NO
1.30-1.40 27% YES73% NO
1.40-1.50 26% YES75% NO
1.50-1.60 26% YES75% NO
1.60-1.70 24% YES77% NO

Market context

This market settles on the XRP/USDT closing price at noon ET on 17 May 2026, using Binance's 1-minute candle data. The 4% implied probability on Polymarket's order book reflects a narrow band outcome—traders are pricing in a low likelihood that XRP closes within the specified bracket on that particular date. The current order book depth shows how this probability has formed through recent trading activity, with ask-side liquidity suggesting limited conviction in the YES outcome.

XRP has historically exhibited significant volatility around regulatory announcements and macroeconomic shifts. The SEC's ongoing litigation with Ripple, which has produced mixed rulings since 2023, established precedent for how legal developments move the asset. Comparable single-day price movements in XRP have typically ranged 5–15% during high-impact news cycles, though the two-year timeframe to May 2026 allows for substantial structural shifts in both the asset's valuation and broader cryptocurrency market conditions.

Traders monitoring this contract should track regulatory developments from the SEC and other jurisdictions, as well as Ripple's commercial adoption metrics and any major institutional partnerships. Bitcoin's price trajectory will likely remain a primary driver of XRP's directional bias, given the asset's correlation with broader market sentiment. The settlement window's specificity—noon ET on a single date—means that intraday volatility and market microstructure on that day will determine the outcome, making this a precise technical bet rather than a directional one.

Wikipedia Context

  • XAP processor

    XAP is a 16-bit and 32-bit RISC processor architecture developed by Cambridge Consultants. Its design enables use in mixed-signal integrated circuits for sensor or wireless applications including Bluetooth, Zigbee, GPS, RFID or Near Field Communication chips. These integrated circuits are typically used in low-cost, high-volume products that are battery-powe

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 "XRP price on May 17?" 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 50% YES, you'll receive shares that pay $200 if YES resolves true — a 100% 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?

$0 in lifetime turnover and $545 of resting liquidity puts this market in the below the median by volume for xrp 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.

See the full prediction-market glossary →

Frequently asked questions

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 17 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 "XRP price on May 17?"?

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.

View live odds & trade →

Related prediction markets

Explore more prediction market odds and trading opportunities on PolyGram: