Trade: WTI Crude Oil (WTI) closes above 2026 on June 3?
Resolution criteria on PolyGram: WTI Crude Oil (WTI) closes above ___ on June 3?
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
- $48K
- Total Volume
- $16K
- 24h Volume
- $16K
- Open Interest
- $13K
Market outcomes
| $96 | 24% YES | 77% NO |
| $95 | 46% YES | 54% NO |
| $94 | 68% YES | 33% NO |
| $93 | 83% YES | 18% NO |
| $92 | 88% YES | 13% NO |
| $91 | 96% YES | 5% NO |
| $90 | 97% YES | 4% NO |
| $89 | 97% YES | 3% NO |
Market context
WTI crude oil will settle on 3 June 2026, and the market is pricing a 22% probability that the closing price exceeds a specified threshold. This settlement window extends to 21:00 UTC on that date, capturing the final trading session before the contract locks. The current crowd-implied probability reflects positioning across Polymarket's order book, where buyers and sellers are establishing prices based on their expectations of oil market conditions eighteen months forward.
Historical volatility in WTI suggests that six-month price forecasts carry substantial uncertainty. Over the past decade, crude has oscillated between $30 and $130 per barrel, with geopolitical shocks, OPEC production decisions, and global demand shifts driving sharp reversals. A 22% probability for any specific price level indicates the market is pricing this outcome as unlikely but plausible—consistent with tail-end scenarios rather than base-case expectations. Comparable long-dated crude contracts typically show wider bid-ask spreads than near-term instruments, reflecting genuine disagreement about medium-term trajectories.
Traders monitoring this contract should track OPEC+ production policy announcements, particularly their June 2026 meeting decisions, alongside US inventory reports and global economic growth signals. Geopolitical developments affecting Middle Eastern supply remain a persistent wildcard. Recent reporting from Reuters and Bloomberg indicates that market consensus for mid-2026 WTI hovers around $65–75 per barrel, though recession scenarios and supply disruptions could push prices materially higher or lower. The order book depth on Polymarket will shift as new information emerges and as traders adjust positions ahead of settlement.
Wikipedia Context
-
West Texas IntermediateWest Texas Intermediate (WTI) is a grade or mix of crude oil; the term is also used to refer to the spot price, the futures price, or assessed price for that oil. In colloquial usage, WTI usually refers to the WTI Crude Oil futures contract traded on the New York Mercantile Exchange (NYMEX). The WTI oil grade is also known as Texas light sweet. Oil produced
Resolution source
This market settles from the official outcome published at https://pythdata.app/explore?search=WTI. A proposer submits the final result to the UMA optimistic oracle on Polygon; the two-hour dispute window closes and payouts clear in USDC.
How to trade this market step by step
The mechanics for trading "WTI Crude Oil (WTI) closes above 2026 on June 3?" 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.
- Sign in on polygram.ink with your email — no full KYC under $1,500 lifetime trading volume.
- Deposit USDC on Polygon (lowest fees, ~$0.01 per transaction) or Ethereum. Funds credit after 12 confirmations.
- 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.
- 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.
- 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.
- 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?
$16K in lifetime turnover and $48K of resting liquidity puts this market in the below the median by volume for finance contracts on PolyGram. Order-book depth is strong — order books support five-figure trades with single-cent slippage.
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.
Frequently asked questions
How does this market resolve?
Resolution is sourced from https://pythdata.app/explore?search=WTI. 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 3 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 "WTI Crude Oil (WTI) closes above 2026 on June 3?"?
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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