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Trade: Eurovision 2026: Top 10

Opened · Settles · 1 comments

Resolution criteria on PolyGram: This market will resolve to "Yes" if the named country finishes Eurovision 2026 as one of the top 10 highest scoring candidates. If at any point it is impossible for the listed candidate to finish as one of the top 10 highest scorers based on the rules of the competition (i.e. they are eliminated), this market may immediately resolve to "No". If no winner is announced by July 31, 2026, 11:59 PM ET, this market will resolve to "No". The primary resolution source for this market will be official information from Eurovision (https://eurovision.tv/), including live footage of Eurovision 2026, however a consensus of credible reporting will suffice.

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
$319K
Total Volume
$700K
24h Volume
$85K
Open Interest
$327K
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Market outcomes

Albania 23% YES78% NO
Bulgaria 30% YES70% NO
Denmark 81% YES20% NO
Georgia 2% YES98% NO
Germany 6% YES94% NO
Israel 82% YES18% NO
Latvia 11% YES89% NO
Lithuania 16% YES85% NO

Market context

Eurovision Song Contest 2026 will take place in May, with participating nations competing across semi-finals and a grand final to determine the top ten highest-scoring entries. The contest combines jury voting and public televoting across Europe and beyond, with scores aggregated to establish final rankings. A nation must avoid elimination during semi-final rounds and secure sufficient combined votes to finish within the top ten in the grand final to resolve this market positively.

Historical Eurovision results demonstrate considerable variance in outcomes, particularly for nations without established track records in the contest or those competing in earlier semi-final slots. Countries finishing in the top ten typically accumulate scores between 200 and 400 points, though this range has widened in recent contests. The 24% implied probability suggests the market assesses moderate difficulty for the named country to achieve top-ten placement, positioning it as neither a strong favourite nor an outsider. Previous editions show that semi-final positioning, song composition, staging production, and jury familiarity significantly influence final rankings.

Key catalysts include the official announcement of Eurovision 2026's host city and venue, expected in late 2024 or early 2025, which may influence logistical factors and participation rates. The release of participating countries' entries typically occurs in March 2026, providing concrete data on song quality and production values. Semi-final draw results, scheduled weeks before the contest, will determine whether the named country faces a competitive or weaker field. Traders should monitor any withdrawal announcements, rule changes, or voting format modifications announced by the European Broadcasting Union prior to May 2026.

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 "Eurovision 2026: Top 10" 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?

$700K in lifetime turnover and $319K of resting liquidity puts this market in the top 2% by volume for music contracts on PolyGram. Order-book depth is exceptional — among the deepest order books in the category.

Last 24 hours alone saw $85K 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 around 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 16 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 "Eurovision 2026: Top 10"?

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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