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Ethereum

Trade: Ethereum price on May 12?

Opened · Settles

Resolution criteria on PolyGram: This market will resolve according to the final "Close" price of the Binance 1 minute candle for ETH/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 ETH/USDT "Close" prices currently available at https://www.binance.com/en/trade/ETH_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 ETH/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
$159K
Total Volume
$19K
24h Volume
$16K
Open Interest
$16K
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Market outcomes

<1,900 0% YES100% NO
1,900-2,000 0% YES100% NO
2,000-2,100 0% YES100% NO
2,100-2,200 1% YES99% NO
2,200-2,300 20% YES81% NO
2,300-2,400 73% YES28% NO
2,400-2,500 7% YES93% NO
2,500-2,600 1% YES99% NO

Market context

This market settles on the Binance ETH/USDT spot price at the 12:00 noon ET candle close on 12 May 2026. The 0% implied probability reflects the current order book on Polymarket, where no traders are willing to back any specific price bracket at present valuations. With over eighteen months until settlement, the market remains illiquid, typical for distant-dated cryptocurrency price brackets where uncertainty compounds significantly.

Historical precedent suggests Ethereum's intraday volatility and longer-term directional moves both influence noon-hour spot prices. Between May 2024 and May 2025, ETH ranged from roughly $1,600 to $4,000, demonstrating the scale of potential price movement across a single year. Comparable Polymarket brackets for cryptocurrency prices typically see activity cluster around major technical levels and round numbers, though liquidity for 2026 settlement dates remains sparse until nearer the resolution window.

Traders monitoring this market should track macroeconomic policy announcements, particularly US Federal Reserve decisions and inflation data releases, alongside Ethereum-specific developments including network upgrades, regulatory clarity on digital assets, and shifts in institutional adoption. Recent volatility has often followed broader equity market movements and cryptocurrency sentiment cycles. The extended settlement window means early positioning carries substantial carry costs, whilst late entry risks illiquidity in the order book as the May 2026 date approaches.

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 "Ethereum price on May 12?" 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?

$19K in lifetime turnover and $159K of resting liquidity puts this market in the around the median by volume for ethereum contracts on PolyGram. Order-book depth is exceptional — among the deepest order books in the category.

Last 24 hours alone saw $16K 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.

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 12 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 "Ethereum price on May 12?"?

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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