Resolution criteria on PolyGram: This market will resolve to "Up" if the Bitcoin price at the end of the time range specified in the title is greater than or equal to the price at the beginning of that range. Otherwise, it will resolve to "Down". The resolution source for this market is information from Chainlink, specifically the BTC/USD data stream available at https://data.chain.link/streams/btc-usd. Please note that this market is about the price according to Chainlink data stream BTC/USD, not according to other sources or spot markets.
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.
Market outcomes
| Bitcoin Up or Down - May 9, 12:15AM-12:20AM ET | 0% YES | 100% NO |
This market resolves based on whether Bitcoin's price according to Chainlink's BTC/USD data feed is higher or equal at 12:20AM ET on 9 May 2026 compared to 12:15AM ET the same morning—a five-minute window. The 0% implied probability on Polymarket's order book reflects the extreme difficulty of profitably predicting such a narrow intraday price movement, where transaction costs and bid-ask spreads typically exceed expected returns from directional bets of this duration.
Five-minute Bitcoin price movements are largely driven by order flow and algorithmic trading rather than fundamental information. Historical analysis of comparable ultra-short-window markets shows that crowd-implied probabilities near 0% or 100% often reflect rational pricing rather than mispricing, as the cost of maintaining a position through such brief intervals outweighs potential gains. The current probability distribution suggests traders view this as a near-coinflip event with execution friction making either direction unprofitable to back at current odds.
Catalysts during this specific window would be limited to real-time market microstructure: large spot or derivatives trades on major exchanges, liquidation cascades on leveraged positions, or unexpected news breaking precisely within the five-minute settlement period. Chainlink's BTC/USD feed aggregates multiple price sources with a slight lag, meaning the resolution price reflects market conditions from seconds before the official timestamp. Traders should note that typical Bitcoin volatility over five minutes ranges from 0.01% to 0.05%, making this window's outcome largely path-dependent on immediate order book dynamics rather than directional conviction.
This market settles from the official outcome published at https://data.chain.link/streams/btc-usd. A proposer submits the final result to the UMA optimistic oracle on Polygon; the two-hour dispute window closes and payouts clear in USDC.
The mechanics for trading "Bitcoin Up or Down - May 9, 12:15AM-12:20AM ET" 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.
$129K in lifetime turnover and $0 of resting liquidity puts this market in the top 30% by volume for up or down contracts on PolyGram. Order-book depth is thin — large orders may need to be split across the book or executed as limit orders.
Last 24 hours alone saw $129K 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.
As of today, traders on Polymarket price this outcome at 0%. The number updates continuously as the order book clears. PolyGram mirrors the same live odds with locale-aware formatting and USDC settlement.
Resolution is sourced from https://data.chain.link/streams/btc-usd. Settlement is executed by the UMA optimistic oracle on Polygon, with a 2-hour dispute window before payouts clear.
This prediction market is scheduled to close on 9 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.
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.
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.
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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