HYPE Up or Down - October 16, 6AM ET
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HYPE Up or Down - October 16, 6AM ET
PM $0
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AI Analysis
Trader mode: Market mechanics, assumptions and risks
PM $0
Reported volume · provider units
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Saved contracts
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Reviewed equivalent pairs
Source snapshot: Oct 15, 2026, 4:13 PM UTC
About This Event
This market will resolve to "Up" if the close price is greater than or equal to the open price for the HYPE/USDT 1 hour candle that begins on the time and date specified in the title. Otherwise, this market will resolve to "Down". The resolution source for this market is information from Binance, specifically the HYPE/USDT pair (https://www.binance.com/en/futures/HYPEUSDT). The close « C » and open « O » displayed at the top of the graph for the relevant "1H" candle will be used once the data for that candle is finalized. Please note that this market is about the price according to Binance HYPE/USDT, not according to other exchanges or trading pairs.
Snapshot observed 2026-10-15T16:13:13.851Z. This analysis describes that snapshot and is not a live news update.
What the contract measures
This Polymarket event asks whether HYPE will resolve "Up" or "Down" for a specific one-hour window. The rules state that the market "will resolve to "Up" if the close price is greater than or equal to the open price for the HYPE/USDT 1 hour candle that begins on the time and date specified in the title." Otherwise it resolves to "Down" [1].
The resolution source is Binance. The rules specify "the HYPE/USDT pair" on Binance futures, and state that the market "is about the price according to Binance HYPE/USDT, not according to other exchanges or trading pairs" [1]. A price on another exchange or pair would not determine this contract, so it should not be used to judge it.
The title says "6AM ET," but the listed end time is "2026-10-16T11:00:00.000Z" [1]. The title uses Eastern Time and the listed end time is given in UTC, so readers should check how the two correspond before relying on the timing.
Reading the snapshot
The saved record shows one market with two outcomes: "Up" at 0.5 and "Down" at 0.5 [1]. The provider observation time is 2026-10-15T16:13:13.851Z, and the source was retrieved at 2026-10-15T18:21:45.355Z. The saved status was "active" [1]. These are historical record times, not a live feed, so the prices describe that snapshot only.
The sample covers all saved markets for this event, and the coverage record shows one market included out of one, with no partial sample [1]. Because the event contains a single binary contract, there is no other outcome to compare against within this record.
A price of 0.5 for each side is a snapshot of quoted prices. It is not an executable quote, a verified probability, or a forecast. The record does not include volume, depth, or trader counts, so it says nothing about liquidity or how many participants hold either view.
What remains uncertain
The evidence does not explain why the prices stand where they do, and it contains no news or context about HYPE. It also does not show how prices have changed over time or how this contract has performed historically. Actual resolution will depend on the Binance one-hour candle data once it is finalized, and the evidence does not show that outcome.
References
- Polymarket: HYPE Up or Down - October 16, 6AM ET. Provider data observed 2026-10-15T16:13:13.851Z.
AI-generated analysis based on market data. Not financial advice.
Saved Oct 15, 2026 UTCOverview
This is a short-term price contract on Polymarket titled "HYPE Up or Down - October 16, 6AM ET." It asks whether the price of HYPE against USDT moves up or down over one specific one-hour window. The contract resolves to "Up" if the close price is greater than or equal to the open price for the HYPE/USDT 1 hour candle that begins at the time and date in the title. Otherwise it resolves to "Down" [1]. The resolution source is Binance, specifically the HYPE/USDT pair. The open and close shown for the relevant 1H candle on Binance are used once the data for that candle is finalized [1]. The contract states that it concerns the price on Binance HYPE/USDT only, not prices on other exchanges or other trading pairs [1]. Anyone reading the contract should therefore check the Binance candle, not a general HYPE price figure from another venue. The provider lists the event as active with an end time of 2026-10-16T11:00:00.000Z [1]. That listed end time is the provider's own field and should be read as the contract's stated timing, not as a claim about when trading or resolution will occur in practice. Because the contract depends on a finalized candle, the outcome is determined by Binance data for that hour once it is final. At the time of the saved observation, 2026-10-15T16:13:13.851Z, the "Up" and "Down" outcomes were each recorded at a price of 0.5. A price snapshot like this is not an executable quote, and it is not a verified probability of either outcome.
Why It Matters
The contract measures a single directional question: whether the Binance HYPE/USDT one-hour candle beginning at the stated time closes at or above its open [1]. Because the rule uses a candle's open and close, a small move in either direction decides the result, and the contract does not measure any longer trend, price level, or movement on other exchanges [1]. Its value to a reader depends on understanding that narrow definition and on checking the stated resolution source rather than assuming any broader price picture.
Snapshot context
The latest published provider snapshot for this topic was observed on 2026-10-15 at 16:13 UTC. It contains listings from Polymarket. Market descriptions and listed closing times define the contracts; they do not establish that the real-world outcome has occurred. This article does not include a separately verified news update. [1]
Frequently Asked Questions
What counts as an "Up" resolution?
The contract resolves to "Up" if the close price is greater than or equal to the open price for the HYPE/USDT 1 hour candle that begins at the time and date in the title [1].
Which exchange determines the outcome?
The resolution source is Binance, specifically the HYPE/USDT pair. The contract states that prices on other exchanges or trading pairs are not used [1].
When are the open and close values used?
The open and close displayed for the relevant 1H candle on Binance are used once the data for that candle is finalized [1].
AI-written background. References identify the evidence used; Wikipedia links under Learn More are additional reading. Prices and provider rules are dated snapshots. This is not financial advice.
Market Insights
Price gaps of 2 pp+
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Reviewed equivalent pairs
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No currently reviewed equivalent pairs with both binary Yes prices are available.
Price differences do not establish arbitrage. Check each pair's review, current order prices, fees and settlement rules.
