| Outcome | Probability | Yes Bid | Yes Ask | 24h Change | Volume | |
|---|---|---|---|---|---|---|
| Target Price: $38.0690 | 0% | 0¢ | 0¢ | — | $0 | Trade → |
This market asks whether the crypto asset labeled HYPE will reach a price of $38.0690 during a 15-minute observation window. Short-duration target markets matter because they let traders express views on immediate volatility and intraday catalysts.
Short-window crypto targets like this are driven by high-frequency order flow, exchange liquidity, and event-driven news rather than longer-term fundamentals. Because the market's closing time is listed as TBD, the precise observation window and settlement rules must be checked on the official KALSHI event page once they are posted. Traders typically use such markets to hedge very near-term exposures or to speculate on outcomes tied to listings, announcements, or concentrated trading activity.
Market prices (odds) on this contract reflect the collective view of participants about whether the $38.0690 level will be reached within the specified 15-minute window; they summarize information and risk preferences but are not guarantees. For final determination, consult the event’s official settlement rules and reference price source on KALSHI.
It means the contract will be resolved based on whether HYPE reaches the $38.0690 price level at any point during a 15-minute observation window defined by the event. The precise definition of 'reach' (e.g., trade price vs. quoted mid-price) and how the 15-minute window is selected are set out in the market’s official rules on KALSHI.
KALSHI will publish the exact start and end times for the 15-minute observation window before the market closes or prior to settlement; until that announcement the window timing is not finalized. Monitor the market page and official notices from KALSHI for the schedule.
The market’s settlement specification identifies the reference exchange or aggregated price feed that KALSHI will use. Consult the event’s official details on KALSHI to see the named data source and any fallback rules for outages or anomalies.
Low liquidity increases the impact of individual orders, so a single large market order or aggressive algorithmic trade can move the last-trade price to the target temporarily. Conversely, deep order books make transient touches less likely without significant flow. Traders should consider expected liquidity and potential market impact when assessing short-window targets.
Whether a single tick counts depends on the contract’s settlement criteria (for example, whether any trade at or above the target during the window suffices). Many short-window contracts accept any qualifying trade or published price meeting the threshold during the observation period, but you must verify the precise rule on the KALSHI event page.