| Outcome | Probability | Yes Bid | Yes Ask | 24h Change | Volume | |
|---|---|---|---|---|---|---|
| Target Price: $37.4210 | 0% | 0¢ | 0¢ | — | $0 | Trade → |
This market asks whether the crypto asset labeled “HYPE” will reach the price target of $37.4210 within a specific 15‑minute measurement window. Short, target-based markets matter because they distill near-term liquidity, volatility, and event risk into a single binary outcome useful for hedging or trading around precise events.
Kalshi’s short-duration price-target markets are designed to resolve against a clearly defined price feed and time window; the platform’s event page or rulebook will specify the reference exchange/data feed and exact settlement mechanics. In crypto, 15‑minute windows are commonly used to capture the immediate market reaction to listings, announcements, liquidations, or sudden liquidity shifts. Because crypto markets trade 24/7 and can move quickly, these markets often reflect rapid information flow and order-book dynamics rather than longer-term fundamentals.
Market prices (odds) reflect the consensus view of participants about the likelihood that HYPE will hit the $37.4210 target within that 15‑minute window, incorporating available information about liquidity, timing, and event risk. Use those market prices as a summary of current expectations, but always consult the event’s official settlement rules for what precisely constitutes a successful outcome.
It means the market’s outcome is determined by price action during a contiguous 15‑minute measurement window defined by the event rules. The market page or rule text will state the exact start and end times (or how the start is triggered) that determine that window.
Settlement is governed by the event’s official rules, which name the reference exchange/data feed and the precise criterion (for example, whether any trade/quote equals or exceeds the target or whether an average/median is used). Consult the event description for the exact settlement definition.
‘Closes: TBD’ indicates the platform has not yet published the market’s opening/closing times or the start-trigger for the 15‑minute window. Kalshi will update the event page with those times; monitor the market page or platform notifications for the announced schedule.
Kalshi typically specifies a particular exchange, aggregated index, or authorized price feed in the event rules. The exact feed for this HYPE market will be listed on the event page; if not, contact Kalshi support or review the market documentation for settlement sources.
Large singular trades, sudden order-book withdrawals or injections, exchange listings/delistings, news releases, liquidation cascades, and algorithmic or high-frequency trading strategies are all events that can create short-lived price moves sufficient to hit a tight target within a 15‑minute interval.