Variational FDV above $5B one day after launch?
Current price
2.75¢
±0¢ · 24h
Implied probability 2.75%
$99.7K total volume · YES/NO
Medium gotcha risk
Gotcha risk — resolution-rule assessment
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This market defines the evaluation point specifically as 4:00 PM ET on the calendar day after trading begins, which means the snapshot could occur anywhere from less than 24 hours to nearly 40 hours after trading goes live depending on the launch hour. The primary resolution risk stems from the pricing source, which is unspecified beyond being the most liquid price source available. Initial token launches often experience high price volatility and fragmented liquidity across multiple decentralized and centralized exchanges, meaning different platforms could show different prices at the snapshot time without a designated reference feed to break ties. Additionally, if no token launches by the end of 2027, the market automatically resolves to No.
- Wording ambiguity
- Med
- Source discretion
- Med
- Timing risk
- Med
- Exceptional clauses
- Low
Liquidity
Moderate book at the daily check: a spread over 1¢, or less than $50K within 5¢ of the mid. Larger orders may move the price, so check the book before sizing.
Why it moved
No big moves in the last 7 days.
Resolution rules
This market will resolve to "Yes" if the Fully Diluted Valuation of Variational's governance token is greater than the value specified in the title 1 day after launch. Otherwise, the market will resolve to "No." The token must be actively, publicly transferable and tradable to be considered a launch. The FDV will be determined using the total token supply multiplied by the token price. "1 day after launch" is defined as 4:00 PM ET on the calendar day following launch. The resolution source for this market is the most liquid price source available. If Variational doesn't launch a token by December 31, 2027, 11:59 PM ET, this market will resolve to "No".
Rules history
Rules history is not displayed yet.
Market explained
This market measures whether the Fully Diluted Valuation (FDV) of Variational's governance token exceeds $5 billion exactly one calendar day after it launches.
How it resolves
The market resolves to Yes if the Fully Diluted Valuation (FDV) of Variational's governance token is greater than $5 billion at 4:00 PM ET on the calendar day following its launch. For a launch to count, the token must be actively, publicly transferable and tradable. FDV is calculated by multiplying the total token supply by the token price. The market resolves to No if the FDV does not exceed $5 billion at that time, or if Variational does not launch a token by December 31, 2027, at 11:59 PM ET. Resolution is determined using the most liquid price source available.
Key dates
- Token launch deadline: — Market resolves to No if no token has launched by this time.
Resolution source
The most liquid price source available
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