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Crypto

Trade: Will Relay launch a token by 2028?

Opened · Settles

Resolution criteria on PolyGram: This market will resolve to "Yes" if Relay officially launches a token by 11:59 PM ET on the date specified in the title. Otherwise, this market will resolve to "No". Only an official token launched by Relay will qualify. Stablecoins, memecoins, LSTs and synthetic tokens will not count. The token must be actively and publicly tradable. Announcements alone do not qualify. The primary resolution source for this market will be information from Relay (https://x.com/Relayprotocol), however a consensus of credible reporting will also be used.

Crypto-price prediction markets like this one tend to gain volume in the final 48 hours as derivatives traders hedge spot exposure. Current odds favour the NO side at 49%, making this a coinflip market with 590 days to resolution, giving the order book ample time to absorb new information, backed by $409 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
$409
Total Volume
24h Volume
Open Interest
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Market outcomes

September 30, 2026 49% YES51% NO
March 31, 2027 49% YES52% NO
June 30, 2026 39% YES62% NO
December 31, 2026 49% YES51% NO
September 30, 2027 50% YES51% NO
December 31, 2027 50% YES50% NO
June 30, 2027 50% YES51% NO

How crypto prediction markets resolve

Crypto markets on Polymarket typically settle against a specific index — the Coinbase spot price at a defined UTC moment is the most common. Binary markets pay $1 per YES share if the price closes above the threshold, $0 if not; scalar markets pay proportional to the final price. UMA's optimistic oracle handles any disputes. PolyGram adds a mobile-first interface, USDC deposits without a wallet, and portfolio analytics on top of the same underlying liquidity.

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.

Settlement window & payout timing

For this market, the resolution date is 1 January 2028. 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. This particular market has no public resolution feed listed; disputes here are more likely if the underlying outcome is subject to interpretation, in which case the UMA token-vote arbitrates the wording of the original market question.

Crypto-price markets resolve from on-chain exchange data, so the proposer submits within minutes of the cutoff; over 90% of crypto markets clear within three hours of the resolution timestamp. 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 "Will Relay launch a token by 2028?", crypto markets re-price within seconds of any underlying spot tick — expect the book to lift or hit ±$50k of liquidity inside 30 seconds of a major exchange move.

The trade ticket includes a slippage box (default 2%, configurable 0.1%-10%) that caps the worst-case entry price. Your maximum loss is your stake — winning YES (or NO) shares pay $1.00 each at resolution. With this market's current book depth ($409 of resting liquidity), a $50 order should fill with single-cent slippage at the displayed mid-price.

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.

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How to trade this market step by step

The mechanics for trading "Will Relay launch a token by 2028?" 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.

  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 $409 of resting liquidity puts this market in the below 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.

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.
Time-weighted average price (TWAP)
Many crypto-price markets resolve from a TWAP of major exchanges over a short window (often 1-15 minutes) to prevent single-tick manipulation. The exact reference index is listed in the market description.
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 "Will Relay launch a token by 2028?", the resolution criterion is: This market will resolve to "Yes" if Relay officially launches a token by 11:59 PM ET on the date specified in the title. Otherwise, this market will resolve to "No". Only an official token launched by Relay will qualify. Stablecoins, memec…

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 1 January 2028. 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 "Will Relay launch a token by 2028?"?

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 "Will Relay launch a token by 2028?", the considerations above apply directly — Crypto-price contracts inherit the volatility of the underlying asset. The market price will track spot tightly until a few hours before resolution, at which point the binary nature of the payoff creates non-linear gamma — small moves in spot can drive large moves in the contract.

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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