Trade: Dogecoin Up or Down - May 1, 8:00PM-8:05PM ET
Resolution criteria on PolyGram: This market will resolve to "Up" if the Dogecoin 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 DOGE/USD data stream available at https://data.chain.link/streams/doge-usd. Please note that this market is about the price according to Chainlink data stream DOGE/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.
- Liquidity
- $0
- Total Volume
- —
- 24h Volume
- —
- Open Interest
- $400
Market outcomes
| Dogecoin Up or Down - May 1, 8:00PM-8:05PM ET | 100% YES | 0% NO |
Market context
This market settles on whether Dogecoin's price in US dollars, as recorded by Chainlink's DOGE/USD data feed, closes higher on 1 May between 8:00pm and 8:05pm ET than it opens at that window's start. The five-minute resolution window creates a narrow technical bet on intraday volatility rather than directional conviction over longer periods. Chainlink's oracle data serves as the authoritative price source, which may differ from spot market prices across exchanges due to aggregation methodology and latency.
The current 100% implied probability on Polymarket's order book suggests either extreme confidence in upward movement or illiquidity constraining price discovery. Five-minute price windows historically exhibit near-random walk behaviour, particularly in crypto markets where microstructure effects dominate. Comparable ultra-short-dated contracts on volatile assets typically see probabilities cluster around 50% when liquidity is present, indicating the current reading reflects limited order book depth rather than informed consensus.
Traders should monitor Dogecoin's broader price action in late April and early May, particularly around any social media catalysts or macroeconomic announcements affecting risk sentiment. Bitcoin's movements often drive altcoin correlations during volatile periods. The specific settlement time falls outside major US market hours, potentially reducing trading volume and widening spreads on the underlying asset. Chainlink's data feed updates should be verified for any scheduled maintenance or delays that might affect price reporting accuracy during the settlement window.
Wikipedia Context
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DogecoinDogecoin is a cryptocurrency created by software engineers Billy Markus and Jackson Palmer, who decided to create a payment system as a joke, making fun of the wild speculation in cryptocurrencies at the time. It is considered both the first "meme coin", and more specifically the first "dog coin". Despite its satirical nature, some consider it a legitimate i
Resolution source
This market settles from the official outcome published at https://data.chain.link/streams/doge-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.
How to trade this market step by step
The mechanics for trading "Dogecoin Up or Down - May 1, 8:00PM-8:05PM 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.
- 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 100% YES, you'll receive shares that pay $100 if YES resolves true — a 0% 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.
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
What is the current probability for "Dogecoin Up or Down - May 1, 8:00PM-8:05PM ET"?
As of today, traders on Polymarket price this outcome at 100%. The number updates continuously as the order book clears. PolyGram mirrors the same live odds with locale-aware formatting and USDC settlement.
How does this market resolve?
Resolution is sourced from https://data.chain.link/streams/doge-usd. 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 2 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 "Dogecoin Up or Down - May 1, 8:00PM-8:05PM ET"?
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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