Polymarket Launches May WTI Crude Oil Price Prediction Market with 1-Minute Close Rule

KuCoinFlash

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Summary

Polymarket has launched a May WTI crude oil price prediction market with price tiers ranging from $20 to $150. The market settles as "Yes" if any 1-minute K-line closing price hits or exceeds the target. This differs from the June market, which uses daily settlement prices. The new market expands Polymarket’s growing suite of price prediction tools, including Bitcoin price prediction options.

Odaily Seer monitoring shows that Polymarket has launched new price predictions for May WTI crude oil, with multiple price tiers ranging from $20 to $150.

The settlement rule is: if the highest closing price of any 1-minute K-line of the nearest-month WTI crude oil futures contract reaches or exceeds the predicted price, the market settlement result is “Yes”.

For the June settlement rules, a day is considered "yes" only if the settlement price on the trading day is higher than the predicted price.

Odaily Seer continuously monitors prediction markets to see changes before pricing.

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