Platform comparison
| Platform | YES odds | NO odds | Fee | KYC | Settlement | |
|---|---|---|---|---|---|---|
PolyGram Pick polygram.ink |
0% | 100% | 0% (USDC on-chain) | No-KYC up to $1,500 | USDC, auto via UMA oracle | Open on PolyGram → |
Polymarket polymarket.com |
0% | 100% | 0% | Geo-blocked in US/UK/EU | USDC, on-chain | Open on PolyGram → |
Kalshi kalshi.com |
— | — | Up to 7% per trade | US-only, KYC required | USD | Open on PolyGram → |
Betfair Exchange betfair.com |
— | — | 2-5% commission | Full KYC from first trade | GBP / EUR | Open on PolyGram → |
Manifold Markets manifold.markets |
— | — | Play-money (mana) | None — play-money | Mana (no cash-out) | Open on PolyGram → |
Live odds for Polymarket-based markets come from the Polygon order book. Non-Polymarket venues show attributes only; clicking any row opens the market on PolyGram.
Market context
The S&P 500 closed at 7,358.22 on Wednesday, 24 June, and rose to 7,385.85 on Thursday, 25 June, meaning the index finished higher than the prior trading day. This market, which resolves to "Up" if the 25 June close exceeds the most recent prior close, is currently priced at 0% YES on Polymarket, implying the crowd believes the outcome will be "Down". Yet the on-chain data shows the index actually moved up, suggesting a potential mispricing in the conditional tokens settled in USDC on Polygon.
Historically, day-to-day moves in late June often reflect post-quarter rebalancing, with the S&P 500 showing a 5-day change of -1.53% and a 1-month decline of -6.27% as of 25 June, according to MarketWatch[2]. Despite this broader weakness, the specific 24-to-25 June interval saw a gain of 27.63 points, or 0.38%, indicating that short-term volatility can override longer-term trends[1]. Markets like this one have previously resolved "Up" even during broader downturns when isolated daily gains occurred.
Traders should monitor the Federal Reserve’s upcoming policy announcements and the Q2 earnings calendar for major tech constituents, which could drive intraday swings. Recent reporting from CNBC notes that tech stocks are under pressure, with the Nasdaq turning lower alongside the S&P 500, potentially increasing the risk of a reversal in the next session[4]. The conditional token price may shift if new data confirms continued weakness or if earnings surprises reverse the current bearish sentiment.
Methodology
This page reviews Pronóstico: S&P 500 (SPX) Up or Down on June 25? across five venues. We show live odds for Polymarket-based markets (sourced from the Polygon order book); for other venues we list platform attributes, since the comparable contracts are not exposed via a public API on every venue. Every CTA points at PolyGram — the application we operate, where you trade directly against the Polymarket order book at 0% fees.
Resolution & payout
Settlement runs on-chain. Polymarket's contract logic separates YES and NO shares as conditional tokens; at resolution the winning share lifts to $1.00 and the losing one to $0. The outcome input comes from the UMA Optimistic Oracle, which secures against bad resolution with a bond + dispute window.
Once finalised, the smart contract pays USDC to the holders' wallets within minutes — no withdrawal fees beyond Polygon network gas. Kalshi settles in USD via CFTC clearance, Betfair in account currency net of commission, Manifold in play-money mana with no cash-out.
FAQ
- Is this market available outside the US?
- PolyGram is available in most jurisdictions where Polymarket isn't directly accessible. Polymarket itself is geo-blocked in the US/UK/EU. Always check local regulations.
- What's the difference between YES and NO shares?
- A YES share pays $1.00 if the event happens, $0 otherwise. A NO share pays $1.00 if the event doesn't happen. The market price between 0¢ and 100¢ is the implied probability.
- What does it cost to trade on PolyGram?
- Zero. PolyGram routes every order to the live Polymarket order book; the only cost is the Polygon network fee, typically under $0.01 per transaction.
- How fast are USDC deposits?
- Polygon credits deposits after 12 confirmations — usually under 30 seconds. Withdrawals follow the same path and land back in your wallet within minutes.
- How reliable are the quoted odds?
- The YES/NO percentages are the live mid-prices of the Polymarket order book. On deep markets they move every few seconds; on thinner ones you'll see short plateaus.
Trade Pronóstico: S&P 500 (SPX) Up or Down on June 25? on PolyGram
Live order book, 0% fees, USDC settlement in seconds.
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