CryptoExpires Jan 1, 2027
Creator

Next Token Sale on Coinbase by August 31, 2026?

Probability

40¢

1h

-18.0pp

24h

-24.0pp

24h Vol

$44.90

Liquidity

$727.06

Research loop

Inspect the market

Read the move, holders, recent trades, source, and resolution risk before saving anything.

Canonical status

confidence: medium

Source status (Polymarket)

active

Derived status (Orrery)

ILLIQUID

Reason

Liquidity is below $1,000 — price discovery is unreliable.

The derived status is computed from the source flags plus the live YES price, so a market trading near a rail can read as PRICE-PINNED while upstream is still active. That isn't the same as resolved.

Resolution & Risk

LOW risk
End date
Jan 1, 2027
UMA status
n/a
Resolution source
Primary
Coinbase (exchange price)
Type
Exchange price
Confidence
extracted · high
Market type
Binary
  • Wide spread (24.0¢) — liquidity risk on entry/exit.
Read full market rules on Polymarket

Probability (last 7 days)

+0.0pp 7d
1007550250
41¢
May 15, 2026, 23:00 UTCMay 21, 2026, 11:36 UTC
updated 11:36:41 UTC·src:Polymarket CLOB·snap:snap_2026-05-21T11-36Z

Why did it move?

Structured · 3 factors
  • 01
    Price move

    Down 24pp over 24h

    Now 40¢; -18.0pp in the last hour.

  • 02
    Active signal

    Resolution-risk observation firing

    Spread is wide enough that intraday moves overstate any tradeable edge.

  • 03
    Spread cost

    Wide spread — 24.0¢

    Bid-ask spread is wide enough that intraday moves overstate any tradeable advantage. Most of the headline pp move would be eaten by spread on a market order.

What to track next

  • Verify the resolution source on this page — exchange feed, official release, news consensus — before treating any move as new information.

Verification actions only — never trade recommendations.

Each factor is grounded in a single named metric you can verify on this page — probability, volume, liquidity, signal, resolution state. No predictions, no prose hallucinations.

Timeline

critical · price · trade flow

Critical

  • Jan 1, 05:00 UTCScheduled resolution

    Market resolves in 5393.4h

    LOW
  • 11:36Signal

    Resolution risk

    Spread is wide enough that intraday moves overstate any tradeable edge.

    LOW

Price movement

-24.0pp over the last 24h, now 40¢.

Biggest hourly move: +30.0pp at May 20, 07:00 UTC (to 65¢).

Show top 8 of 37 hourly moves
  • 12:00 · -26.5pp → 44¢
  • May 20, 10:00 UTC · -30.0pp → 35¢
  • May 20, 07:00 UTC · +30.0pp → 65¢
  • May 20, 06:00 UTC · +16.5pp → 56¢
  • May 20, 02:00 UTC · +18.5pp → 69¢
  • May 19, 12:00 UTC · -21.5pp → 48¢
  • May 19, 06:00 UTC · +27.0pp → 63¢
  • May 19, 04:00 UTC · +25.5pp → 64¢
updated 11:36:41 UTC·src:Polymarket CLOB·Polymarket Data

Active signals

Recent Trades

No recent trades visible from the Data API for this market. That usually means liquidity is thin or this market is between event windows.

updated 11:36:41 UTC·src:Polymarket Data

Market Description

This market will resolve to "Yes" if a qualifying Coinbase token sale request window goes live between the creation of this market and the specified date at 11:59 PM ET. Otherwise, this market will resolve to "No". To qualify, a Coinbase token sale request window must be live and actively accepting commitments. Qualifying sales must be hosted directly by Coinbase on coinbase.com/token-sales or any official successor page within the Coinbase app or website. Sales run on a project's own site via Sonar, Echo, or any Coinbase-powered white-label technology do not qualify, regardless of affiliation. Private sales, airdrops, standard exchange listings, and any sale without a dedicated public request window do not qualify. Sale announcements, previews, and waitlists do not constitute a live request window. A request window that opens and is subsequently cancelled, paused, or suspended still resolves to "Yes" — post-opening outcomes including cancellation, refunds, pauses, or failure to distribute tokens do not affect resolution. If a sale is announced but the request window never opens, or a token is listed directly without a request window, this market resolves to "No". The resolution source is coinbase.com/token-sales, official Coinbase blog posts, or @Coinbase/@CoinbaseMarkets on X, corroborated by credible news sources.

Why this category?

confidence: medium

Category

Crypto

Source

Keyword rule

Matched term

token

Reason

Question text contains "token" — matched the Crypto keyword rule.

Categories come from a deterministic engine: manual overrides (highest priority) → sports hard markers → event-tag rules → keyword rules → Gamma category hint → default. The engine is versioned in category-overrides.ts; methodology lives at /methodology.

FAQ — questions readers actually ask

What is the current Polymarket probability for "Next Token Sale on Coinbase by August 31, 2026?"?

As of Thu, 21 May 2026 11:36:41 GMT, YES is priced at 40% implied probability on Polymarket. The price changed -24.0pp in the last 24 hours, -18.0pp in the last hour, and +0.0pp in the last 7 days.

When does this market resolve?

This market resolves by Jan 1, 2027 (2027-01-01T05:00:00.000Z). Resolution is determined from the market description on Polymarket.

What source determines the outcome?

Resolution is sourced from the market description on Polymarket. Polymarket's UMA optimistic oracle is the final settlement layer; if the published source is ambiguous, UMA tokenholders adjudicate. Source-extraction confidence is shown in the Resolution & Risk block above.

How much is being traded on this market?

$44.90 of trading volume in the last 24 hours. Lifetime volume on Polymarket: $81.25. Open liquidity in the YES/NO orderbooks: $727.06. Spread between best bid and best ask: 24.0¢.

Is this a trade recommendation?

No. Orrery describes — never predicts. Every signal on this market carries explicit Evidence, Backtest, and Action tiers. The Action is always one of: Watch only, Inspect timeline, Create alert, Verify source, or Ignore — never Buy or Sell. The probability above is the market's collective implied probability, not a forecast Orrery is publishing.

How fresh is this data and where does it come from?

This page revalidates from the public Polymarket APIs every 30 seconds. Probability and 24h-change come from Gamma; the chart series comes from the CLOB orderbook history; trade and holder data come from the Data API. The fetched-at timestamp on each block tells you exactly how old the underlying upstream pull was.

Alerts

¢
Deliver

In-app banners fire as soon as a rule is satisfied. Email digests are wired to a server-side cron and continue while your tabs are closed. Telegram and Discord are planned — every existing rule will keep working as channels light up.