HYPE Up or Down - October 16, 2PM ET
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HYPE Up or Down - October 16, 2PM 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 contract asks whether the HYPE/USDT price on Binance will finish a one-hour candle at or above its opening level. 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, this market will resolve to "Down"" [1]. The title, "HYPE Up or Down - October 16, 2PM ET," identifies the candle, and the rules list the end time as 2026-10-16T19:00:00.000Z [1].
The rules also specify the source. Resolution uses "information from Binance, specifically the HYPE/USDT pair," and "this 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, even if it looks similar.
Reading the snapshot
The saved data contains one market with two outcomes. The "Up" outcome is priced at 0.5 and the "Down" outcome at 0.5 [1]. The sample covers one market from one provider event, and the provider status was recorded as active [1]. The provider observed these prices at 2026-10-15T16:13:13.851Z, and the application retrieved the source at 2026-10-15T19:06:35.419Z [1]. These times describe when the data was collected, not the current market state.
These prices are snapshots. They are not executable quotes, and they are not verified probabilities of an outcome. Because the contract has only two outcomes, the equal prices show only how the market was priced at the observation time. The saved data does not include volume, trader counts, or depth, so it cannot indicate how liquid the market was or how many participants held each view.
What remains uncertain
The evidence does not explain why the prices stood where they did, and it does not describe any events that could affect HYPE's price before the candle closes. It also does not show how the market has moved since the observation time. Current prices, or the final resolution, would require a newer snapshot and the resolved outcome from the provider.
The title uses Eastern Time, while the listed end time is in UTC. Readers should confirm how the candle's start time maps to the listed end time before relying on either. Because this is a single contract, the evidence does not support comparing it with other platforms or contracts.
References
- Polymarket: HYPE Up or Down - October 16, 2PM 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 crypto price contract on Polymarket titled "HYPE Up or Down - October 16, 2PM ET." It asks whether the HYPE/USDT price will rise or fall over one specific one-hour candle. The contract resolves to "Up" if the close price of that candle is greater than or equal to its open price, and to "Down" otherwise [1]. The candle is the one that begins at the time and date in the title, and the listed end time for the contract is 2026-10-16T19:00:00Z [1]. The resolution source is Binance, specifically the HYPE/USDT pair on its futures market [1]. The contract uses the open and close values shown for the relevant one-hour candle once that candle's data is finalized [1]. Prices on other exchanges or trading pairs do not decide the outcome, so a move visible elsewhere would not change the result unless it also appears in the Binance HYPE/USDT candle [1]. The saved event includes a single market with two outcomes, Up and Down, and both are included in the sample [1]. The snapshot shows each outcome at 0.5, which is a price observation from the saved record and not an executable quote or a verified probability.
Why It Matters
The contract measures direction over one hour rather than a longer trend. Because it compares the close of a specific candle with its open, the outcome depends on the exact timing of that candle on the named exchange pair [1]. Readers should separate three times: when the saved record was observed, when the source was retrieved, and when the contract closes. The listed end time of 2026-10-16T19:00:00Z is the contract's closing time, and the rules do not state that any separate event is scheduled at that moment [1]. Prices reflect the saved snapshot and should not be treated as current market odds or as a guide to how the contract would trade.
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 determines whether this contract resolves Up or Down?
It compares the close price with the open price of the one-hour HYPE/USDT candle that begins at the time in the title. If the close is greater than or equal to the open, the contract resolves Up. Otherwise it resolves Down [1].
Which exchange is used for resolution?
The resolution source is Binance, specifically the HYPE/USDT pair. Other exchanges and trading pairs are not used for resolution [1].
When will the open and close values be used?
The open and close values displayed for the relevant one-hour candle are used once the data for that candle is finalized [1].
What is the listed end time for this contract?
The listed end time is 2026-10-16T19:00:00.000Z [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.
