| Outcome | Probability | Yes Bid | Yes Ask | 24h Change | Volume | |
|---|---|---|---|---|---|---|
| Target Price: $40.6345 | 0% | 0¢ | 0¢ | — | $0 | Trade → |
This market asks whether the crypto asset labeled “HYPE” will reach a price of $40.6345 during a specified 15‑minute window. Short, time‑boxed price targets matter because they isolate immediate liquidity, volatility, and order‑flow risk in the market.
The market is a short‑duration binary-style contract tied to an intraday price level for the underlying crypto labeled HYPE. Fifteen‑minute targets are used to capture microstructure events (large trades, exchange quotes, or rapid news reactions) rather than longer-term fundamentals; because the event close time is listed as TBD, traders should watch the contract page for an exact start/end definition and the platform’s settlement rules.
Market odds reflect the supply and demand of traders taking opposite views and encode collective expectations about the chance of the price reaching the stated level within the window. With low volume or wide spreads, quoted odds can move sharply on small orders and may not equal long‑run probabilities.
The contract’s settlement definition on the Kalshi event page determines what counts (for example, a last trade at or above the target, a quoted midpoint, or a referenced index value). Check the event’s official rules for the precise measurement method used at settlement.
The start time and any trigger conditions are specified in the contract details on the event page; because the event currently shows 'Closes: TBD', you should monitor the Kalshi listing for the announced start/end timestamps or subscribe to notifications.
It means no trades have occurred yet on the contract; low or zero traded volume generally indicates limited liquidity, so quoted prices may reflect order placements rather than executed consensus and can change quickly on small trades.
Kalshi will publish the closure time and settlement procedure in the market’s official terms; settlement will follow those published rules, so review the event page for updates and the exact criteria used to determine outcome.
Use smaller position sizes given high short‑term volatility and low liquidity, prefer limit orders to control execution price, monitor order books and exchange quotes in real time, be prepared for rapid news‑driven moves, and consult the market’s settlement rules before placing trades.