{
  "_notice": {
    "type": "free_key_offer",
    "message": "Free and anonymous access is staying. If this endpoint is in your pipeline, a free key adds advance notice before any schema change or deprecation. POST /v1/keys {\"email\": \"you@firm.com\"} — nothing else required. Something broken or missing? hello@clearmarket.fyi reaches a human.",
    "docs": "https://clearmarket.fyi/for-data/",
    "policy": "This field is additive and its shape will not change."
  },
  "event_id": "CM-EVT-4WQMN6PQC2",
  "slug": "kxbtcminmon-btc-26jul31",
  "question": "BTC trimmed mean by 11:59 PM ET on Jul 31, 2026",
  "category": "crypto",
  "event_type": "LADDER",
  "ladder_distribution": {
    "direction": "below",
    "implied_band": [
      42500,
      null
    ],
    "strikes": [
      {
        "threshold": 42500,
        "prob": 1
      },
      {
        "threshold": 45000,
        "prob": 1
      },
      {
        "threshold": 47500,
        "prob": 1
      },
      {
        "threshold": 50000,
        "prob": 1
      },
      {
        "threshold": 52500,
        "prob": 2
      },
      {
        "threshold": 55000,
        "prob": 2
      },
      {
        "threshold": 57500,
        "prob": 5
      },
      {
        "threshold": 60000,
        "prob": 0
      }
    ]
  },
  "tags": [
    "crypto",
    "bitcoin-price",
    "crypto-markets",
    "july-2026",
    "price-floor",
    "short-term-volatility"
  ],
  "catalyst_types": [],
  "catalyst_dates": [],
  "editorial_notes": "These markets track the July 31, 2026 month-end BTC price against eight discrete downside strike thresholds. The strikes run from $42,500 to $60,000 in $2,500 increments, forming an implied probability distribution of tail-risk scenarios. The authoritative price source is the CF Benchmarks BTC trimmed mean, with Kalshi staff determination as the resolution mechanism. Traders can read the cumulative probability of a sub-$X print directly from each contract's price.",
  "venues_covered": [
    "kalshi"
  ],
  "primary_market_id": "CM-MKT-3P474LWP83",
  "current_primary_mark": {
    "last_price": 0.01,
    "implied_probability": 0.01
  },
  "created_at": "2026-07-23T21:11:14.426158+00:00",
  "updated_at": "2026-07-23T21:11:14.426158+00:00",
  "markets": [
    {
      "market_id": "CM-MKT-FM4230PQW1",
      "event_id": "CM-EVT-4WQMN6PQC2",
      "platform": "kalshi",
      "platform_market_id": "KXBTCMINMON-BTC-26JUL31-6000000",
      "question": "Will BTC trimmed mean be below $60000.00 by 11:59 PM ET on Jul 31, 2026?",
      "description": "Below $60,000.00",
      "contract_type": "binary",
      "settlement_currency": "USD",
      "underlying_reference": "Below $60,000.00: CF Benchmarks BTC trimmed mean price on July 31, 2026, 11:59 PM ET, determined by Kalshi staff review of the official feed, resolves by August 8, 2026.",
      "close_at": "2026-07-01T16:33:54Z",
      "resolve_at": "2026-08-08T03:59:59Z",
      "status": "resolved",
      "resolution": {
        "rules_raw": "If the price of BTC after issuance and through 11:59 PM ET on Jul 31, 2026 is ever below $60000.00, then the market resolves to Yes.\n\nAt each minute throughout the market duration, a settlement value is calculated using every minute-by-minute CF BRTI price for BTC. For each of these individual minute-by-minute checks, the top 20% and bottom 20% of the cumulative dataset are removed before calculating the average of the remaining values. If the trimmed mean associated with any single minute during the period is above the threshold, the market resolves to Yes. This methodology reduces the impact of extreme price spikes or drops. The measurement period runs from when the market is issued until the specified end time. If CF Benchmarks data is unavailable or incomplete at the expiration time, affected strikes resolve to No. For cryptocurrencies with multiple versions, the Exchange will specify which version or ticker is being tracked.",
        "arbitration_model": "kalshi_staff",
        "proposer": "platform_staff",
        "source": "CF Benchmarks",
        "source_status": "platform_named",
        "source_citation": "https://www.cfbenchmarks.com/",
        "sources": [
          {
            "name": "CF Benchmarks",
            "url": "https://www.cfbenchmarks.com/",
            "provenance": "platform_api"
          },
          {
            "name": "CF BRTI price",
            "url": null,
            "provenance": "clearmarket_editorial"
          }
        ],
        "source_of_record": "CF Benchmarks",
        "source_mechanism": "single_authority",
        "source_type": null,
        "source_quality": "authoritative",
        "source_commitment": "named",
        "source_commitment_subtype": "named",
        "source_hedge_text": null
      },
      "rcg": {
        "grade": "A",
        "score": 90,
        "caps": [],
        "applied_factors": 6
      },
      "last_price": 0,
      "implied_probability": 0,
      "volume_24h_usd": 0,
      "volume_total_usd": 0,
      "settlement_style": "terminal",
      "direction": "below",
      "threshold": 60000,
      "question_id": "CMX-142970DAA1",
      "also_on": [
        {
          "venue": "polymarket",
          "market_id": "CM-MKT-1PMWH1S8P7",
          "price": 0.99
        },
        {
          "venue": "polymarket",
          "market_id": "CM-MKT-SBBGM5SWZ3",
          "price": 0.14
        },
        {
          "venue": "polymarket",
          "market_id": "CM-MKT-3P6V72F019",
          "price": 0.967
        }
      ],
      "tags": [
        "bitcoin",
        "btc",
        "july-2026",
        "price"
      ],
      "eligibility_screens": null
    },
    {
      "market_id": "CM-MKT-001F7SXG74",
      "event_id": "CM-EVT-4WQMN6PQC2",
      "platform": "kalshi",
      "platform_market_id": "KXBTCMINMON-BTC-26JUL31-5750000",
      "question": "Will BTC trimmed mean be below $57500.00 by 11:59 PM ET on Jul 31, 2026?",
      "description": "Below $57,500.00",
      "contract_type": "binary",
      "settlement_currency": "USD",
      "underlying_reference": "Below $57,500.00: CF Benchmarks BTC trimmed mean price on July 31, 2026, 11:59 PM ET, determined by Kalshi staff review of the official feed, resolves by August 8, 2026.",
      "close_at": "2026-08-01T03:59:59Z",
      "resolve_at": "2026-08-08T03:59:59Z",
      "status": "open",
      "resolution": {
        "rules_raw": "If the price of BTC after issuance and through 11:59 PM ET on Jul 31, 2026 is ever below $57500.00, then the market resolves to Yes.\n\nAt each minute throughout the market duration, a settlement value is calculated using every minute-by-minute CF BRTI price for BTC. For each of these individual minute-by-minute checks, the top 20% and bottom 20% of the cumulative dataset are removed before calculating the average of the remaining values. If the trimmed mean associated with any single minute during the period is above the threshold, the market resolves to Yes. This methodology reduces the impact of extreme price spikes or drops. The measurement period runs from when the market is issued until the specified end time. If CF Benchmarks data is unavailable or incomplete at the expiration time, affected strikes resolve to No. For cryptocurrencies with multiple versions, the Exchange will specify which version or ticker is being tracked.",
        "arbitration_model": "kalshi_staff",
        "proposer": "platform_staff",
        "source": "CF Benchmarks",
        "source_status": "platform_named",
        "source_citation": "https://www.cfbenchmarks.com/",
        "sources": [
          {
            "name": "CF Benchmarks",
            "url": "https://www.cfbenchmarks.com/",
            "provenance": "platform_api"
          },
          {
            "name": "CF BRTI price",
            "url": null,
            "provenance": "clearmarket_editorial"
          }
        ],
        "source_of_record": "CF Benchmarks",
        "source_mechanism": "single_authority",
        "source_type": null,
        "source_quality": "authoritative",
        "source_commitment": "named",
        "source_commitment_subtype": "named",
        "source_hedge_text": null
      },
      "rcg": {
        "grade": "A",
        "score": 90,
        "caps": [],
        "applied_factors": 6
      },
      "last_price": 0.03,
      "implied_probability": 0.03,
      "volume_24h_usd": 384.7779,
      "volume_total_usd": 8311.7349,
      "settlement_style": "terminal",
      "direction": "below",
      "threshold": 57500,
      "question_id": "CMX-D371C70084",
      "also_on": null,
      "tags": [
        "bitcoin",
        "btc",
        "july-2026",
        "price"
      ],
      "eligibility_screens": null
    },
    {
      "market_id": "CM-MKT-VRJ3TH1YW5",
      "event_id": "CM-EVT-4WQMN6PQC2",
      "platform": "kalshi",
      "platform_market_id": "KXBTCMINMON-BTC-26JUL31-5500000",
      "question": "Will BTC trimmed mean be below $55000.00 by 11:59 PM ET on Jul 31, 2026?",
      "description": "Below $55,000.00",
      "contract_type": "binary",
      "settlement_currency": "USD",
      "underlying_reference": "Below $55,000.00: CF Benchmarks BTC trimmed mean price on July 31, 2026, 11:59 PM ET, determined by Kalshi staff review of the official feed, resolves by August 8, 2026.",
      "close_at": "2026-08-01T03:59:59Z",
      "resolve_at": "2026-08-08T03:59:59Z",
      "status": "open",
      "resolution": {
        "rules_raw": "If the price of BTC after issuance and through 11:59 PM ET on Jul 31, 2026 is ever below $55000.00, then the market resolves to Yes.\n\nAt each minute throughout the market duration, a settlement value is calculated using every minute-by-minute CF BRTI price for BTC. For each of these individual minute-by-minute checks, the top 20% and bottom 20% of the cumulative dataset are removed before calculating the average of the remaining values. If the trimmed mean associated with any single minute during the period is above the threshold, the market resolves to Yes. This methodology reduces the impact of extreme price spikes or drops. The measurement period runs from when the market is issued until the specified end time. If CF Benchmarks data is unavailable or incomplete at the expiration time, affected strikes resolve to No. For cryptocurrencies with multiple versions, the Exchange will specify which version or ticker is being tracked.",
        "arbitration_model": "kalshi_staff",
        "proposer": "platform_staff",
        "source": "CF Benchmarks",
        "source_status": "platform_named",
        "source_citation": "https://www.cfbenchmarks.com/",
        "sources": [
          {
            "name": "CF Benchmarks",
            "url": "https://www.cfbenchmarks.com/",
            "provenance": "platform_api"
          },
          {
            "name": "CF BRTI price",
            "url": null,
            "provenance": "clearmarket_editorial"
          }
        ],
        "source_of_record": "CF Benchmarks",
        "source_mechanism": "single_authority",
        "source_type": null,
        "source_quality": "authoritative",
        "source_commitment": "named",
        "source_commitment_subtype": "named",
        "source_hedge_text": null
      },
      "rcg": {
        "grade": "A",
        "score": 90,
        "caps": [],
        "applied_factors": 6
      },
      "last_price": 0.02,
      "implied_probability": 0.02,
      "volume_24h_usd": 85.0616,
      "volume_total_usd": 1845.5354000000002,
      "settlement_style": "terminal",
      "direction": "below",
      "threshold": 55000,
      "question_id": "CMX-66D4EFEF00",
      "also_on": [
        {
          "venue": "polymarket",
          "market_id": "CM-MKT-G2KQQBT2D6",
          "price": 0.022
        }
      ],
      "tags": [
        "bitcoin",
        "btc",
        "july-2026",
        "price"
      ],
      "eligibility_screens": null
    },
    {
      "market_id": "CM-MKT-SXV8BSMTR7",
      "event_id": "CM-EVT-4WQMN6PQC2",
      "platform": "kalshi",
      "platform_market_id": "KXBTCMINMON-BTC-26JUL31-5250000",
      "question": "Will BTC trimmed mean be below $52500.00 by 11:59 PM ET on Jul 31, 2026?",
      "description": "Below $52,500.00",
      "contract_type": "binary",
      "settlement_currency": "USD",
      "underlying_reference": "Below $52,500.00: CF Benchmarks BTC trimmed mean price on July 31, 2026, 11:59 PM ET, determined by Kalshi staff review of the official feed, resolves by August 8, 2026.",
      "close_at": "2026-08-01T03:59:59Z",
      "resolve_at": "2026-08-08T03:59:59Z",
      "status": "open",
      "resolution": {
        "rules_raw": "If the price of BTC after issuance and through 11:59 PM ET on Jul 31, 2026 is ever below $52500.00, then the market resolves to Yes.\n\nAt each minute throughout the market duration, a settlement value is calculated using every minute-by-minute CF BRTI price for BTC. For each of these individual minute-by-minute checks, the top 20% and bottom 20% of the cumulative dataset are removed before calculating the average of the remaining values. If the trimmed mean associated with any single minute during the period is above the threshold, the market resolves to Yes. This methodology reduces the impact of extreme price spikes or drops. The measurement period runs from when the market is issued until the specified end time. If CF Benchmarks data is unavailable or incomplete at the expiration time, affected strikes resolve to No. For cryptocurrencies with multiple versions, the Exchange will specify which version or ticker is being tracked.",
        "arbitration_model": "kalshi_staff",
        "proposer": "platform_staff",
        "source": "CF Benchmarks",
        "source_status": "platform_named",
        "source_citation": "https://www.cfbenchmarks.com/",
        "sources": [
          {
            "name": "CF Benchmarks",
            "url": "https://www.cfbenchmarks.com/",
            "provenance": "platform_api"
          },
          {
            "name": "CF BRTI price",
            "url": null,
            "provenance": "clearmarket_editorial"
          }
        ],
        "source_of_record": "CF Benchmarks",
        "source_mechanism": "single_authority",
        "source_type": null,
        "source_quality": "authoritative",
        "source_commitment": "named",
        "source_commitment_subtype": "named",
        "source_hedge_text": null
      },
      "rcg": {
        "grade": "A",
        "score": 90,
        "caps": [],
        "applied_factors": 6
      },
      "last_price": 0.01,
      "implied_probability": 0.01,
      "volume_24h_usd": 52.629200000000004,
      "volume_total_usd": 634.6034,
      "settlement_style": "terminal",
      "direction": "below",
      "threshold": 52500,
      "question_id": "CMX-3BA1134336",
      "also_on": null,
      "tags": [
        "bitcoin",
        "btc",
        "july-2026",
        "price"
      ],
      "eligibility_screens": null
    },
    {
      "market_id": "CM-MKT-B8TG59NWK5",
      "event_id": "CM-EVT-4WQMN6PQC2",
      "platform": "kalshi",
      "platform_market_id": "KXBTCMINMON-BTC-26JUL31-5000000",
      "question": "Will BTC trimmed mean be below $50000.00 by 11:59 PM ET on Jul 31, 2026?",
      "description": "Below $50,000.00",
      "contract_type": "binary",
      "settlement_currency": "USD",
      "underlying_reference": "Below $50,000.00: CF Benchmarks BTC trimmed mean price on July 31, 2026, 11:59 PM ET, determined by Kalshi staff review of the official feed, resolves by August 8, 2026.",
      "close_at": "2026-08-01T03:59:59Z",
      "resolve_at": "2026-08-08T03:59:59Z",
      "status": "open",
      "resolution": {
        "rules_raw": "If the price of BTC after issuance and through 11:59 PM ET on Jul 31, 2026 is ever below $50000.00, then the market resolves to Yes.\n\nAt each minute throughout the market duration, a settlement value is calculated using every minute-by-minute CF BRTI price for BTC. For each of these individual minute-by-minute checks, the top 20% and bottom 20% of the cumulative dataset are removed before calculating the average of the remaining values. If the trimmed mean associated with any single minute during the period is above the threshold, the market resolves to Yes. This methodology reduces the impact of extreme price spikes or drops. The measurement period runs from when the market is issued until the specified end time. If CF Benchmarks data is unavailable or incomplete at the expiration time, affected strikes resolve to No. For cryptocurrencies with multiple versions, the Exchange will specify which version or ticker is being tracked.",
        "arbitration_model": "kalshi_staff",
        "proposer": "platform_staff",
        "source": "CF Benchmarks",
        "source_status": "platform_named",
        "source_citation": "https://www.cfbenchmarks.com/",
        "sources": [
          {
            "name": "CF Benchmarks",
            "url": "https://www.cfbenchmarks.com/",
            "provenance": "platform_api"
          },
          {
            "name": "CF BRTI price",
            "url": null,
            "provenance": "clearmarket_editorial"
          }
        ],
        "source_of_record": "CF Benchmarks",
        "source_mechanism": "single_authority",
        "source_type": null,
        "source_quality": "authoritative",
        "source_commitment": "named",
        "source_commitment_subtype": "named",
        "source_hedge_text": null
      },
      "rcg": {
        "grade": "A",
        "score": 90,
        "caps": [],
        "applied_factors": 6
      },
      "last_price": 0.01,
      "implied_probability": 0.01,
      "volume_24h_usd": 2.8061000000000003,
      "volume_total_usd": 566.4261,
      "settlement_style": "terminal",
      "direction": "below",
      "threshold": 50000,
      "question_id": "CMX-FBDB288938",
      "also_on": [
        {
          "venue": "polymarket",
          "market_id": "CM-MKT-T93L3B4YJ7",
          "price": 0.006
        }
      ],
      "tags": [
        "bitcoin",
        "btc",
        "july-2026",
        "price"
      ],
      "eligibility_screens": null
    },
    {
      "market_id": "CM-MKT-V1R1DJYMV3",
      "event_id": "CM-EVT-4WQMN6PQC2",
      "platform": "kalshi",
      "platform_market_id": "KXBTCMINMON-BTC-26JUL31-4750000",
      "question": "Will BTC trimmed mean be below $47500.00 by 11:59 PM ET on Jul 31, 2026?",
      "description": "Below $47,500.00",
      "contract_type": "binary",
      "settlement_currency": "USD",
      "underlying_reference": "Below $47,500.00: CF Benchmarks BTC trimmed mean price on July 31, 2026, 11:59 PM ET, determined by Kalshi staff review of the official feed, resolves by August 8, 2026.",
      "close_at": "2026-08-01T03:59:59Z",
      "resolve_at": "2026-08-08T03:59:59Z",
      "status": "open",
      "resolution": {
        "rules_raw": "If the price of BTC after issuance and through 11:59 PM ET on Jul 31, 2026 is ever below $47500.00, then the market resolves to Yes.\n\nAt each minute throughout the market duration, a settlement value is calculated using every minute-by-minute CF BRTI price for BTC. For each of these individual minute-by-minute checks, the top 20% and bottom 20% of the cumulative dataset are removed before calculating the average of the remaining values. If the trimmed mean associated with any single minute during the period is above the threshold, the market resolves to Yes. This methodology reduces the impact of extreme price spikes or drops. The measurement period runs from when the market is issued until the specified end time. If CF Benchmarks data is unavailable or incomplete at the expiration time, affected strikes resolve to No. For cryptocurrencies with multiple versions, the Exchange will specify which version or ticker is being tracked.",
        "arbitration_model": "kalshi_staff",
        "proposer": "platform_staff",
        "source": "CF Benchmarks",
        "source_status": "platform_named",
        "source_citation": "https://www.cfbenchmarks.com/",
        "sources": [
          {
            "name": "CF Benchmarks",
            "url": "https://www.cfbenchmarks.com/",
            "provenance": "platform_api"
          },
          {
            "name": "CF BRTI price",
            "url": null,
            "provenance": "clearmarket_editorial"
          }
        ],
        "source_of_record": "CF Benchmarks",
        "source_mechanism": "single_authority",
        "source_type": null,
        "source_quality": "authoritative",
        "source_commitment": "named",
        "source_commitment_subtype": "named",
        "source_hedge_text": null
      },
      "rcg": {
        "grade": "A",
        "score": 90,
        "caps": [],
        "applied_factors": 6
      },
      "last_price": 0.01,
      "implied_probability": 0.01,
      "volume_24h_usd": 0,
      "volume_total_usd": 350.54800000000006,
      "settlement_style": "terminal",
      "direction": "below",
      "threshold": 47500,
      "question_id": "CMX-A87B9FB043",
      "also_on": null,
      "tags": [
        "bitcoin",
        "btc",
        "july-2026",
        "price"
      ],
      "eligibility_screens": null
    },
    {
      "market_id": "CM-MKT-89655PB7N1",
      "event_id": "CM-EVT-4WQMN6PQC2",
      "platform": "kalshi",
      "platform_market_id": "KXBTCMINMON-BTC-26JUL31-4500000",
      "question": "Will BTC trimmed mean be below $45000.00 by 11:59 PM ET on Jul 31, 2026?",
      "description": "Below $45,000.00",
      "contract_type": "binary",
      "settlement_currency": "USD",
      "underlying_reference": "Below $45,000.00: CF Benchmarks BTC trimmed mean price on July 31, 2026, 11:59 PM ET, determined by Kalshi staff review of the official feed, resolves by August 8, 2026.",
      "close_at": "2026-08-01T03:59:59Z",
      "resolve_at": "2026-08-08T03:59:59Z",
      "status": "open",
      "resolution": {
        "rules_raw": "If the price of BTC after issuance and through 11:59 PM ET on Jul 31, 2026 is ever below $45000.00, then the market resolves to Yes.\n\nAt each minute throughout the market duration, a settlement value is calculated using every minute-by-minute CF BRTI price for BTC. For each of these individual minute-by-minute checks, the top 20% and bottom 20% of the cumulative dataset are removed before calculating the average of the remaining values. If the trimmed mean associated with any single minute during the period is above the threshold, the market resolves to Yes. This methodology reduces the impact of extreme price spikes or drops. The measurement period runs from when the market is issued until the specified end time. If CF Benchmarks data is unavailable or incomplete at the expiration time, affected strikes resolve to No. For cryptocurrencies with multiple versions, the Exchange will specify which version or ticker is being tracked.",
        "arbitration_model": "kalshi_staff",
        "proposer": "platform_staff",
        "source": "CF Benchmarks",
        "source_status": "platform_named",
        "source_citation": "https://www.cfbenchmarks.com/",
        "sources": [
          {
            "name": "CF Benchmarks",
            "url": "https://www.cfbenchmarks.com/",
            "provenance": "platform_api"
          },
          {
            "name": "CF BRTI price",
            "url": null,
            "provenance": "clearmarket_editorial"
          }
        ],
        "source_of_record": "CF Benchmarks",
        "source_mechanism": "single_authority",
        "source_type": null,
        "source_quality": "authoritative",
        "source_commitment": "named",
        "source_commitment_subtype": "named",
        "source_hedge_text": null
      },
      "rcg": {
        "grade": "A",
        "score": 90,
        "caps": [],
        "applied_factors": 6
      },
      "last_price": 0.01,
      "implied_probability": 0.01,
      "volume_24h_usd": 0,
      "volume_total_usd": 270.8517,
      "settlement_style": "terminal",
      "direction": "below",
      "threshold": 45000,
      "question_id": "CMX-DEB64EA219",
      "also_on": [
        {
          "venue": "polymarket",
          "market_id": "CM-MKT-DP0DNVKXH1",
          "price": 0.002
        }
      ],
      "tags": [
        "bitcoin",
        "btc",
        "july-2026",
        "price"
      ],
      "eligibility_screens": null
    },
    {
      "market_id": "CM-MKT-3P474LWP83",
      "event_id": "CM-EVT-4WQMN6PQC2",
      "platform": "kalshi",
      "platform_market_id": "KXBTCMINMON-BTC-26JUL31-4250000",
      "question": "Will BTC trimmed mean be below $42500.00 by 11:59 PM ET on Jul 31, 2026?",
      "description": "Below $42,500.00",
      "contract_type": "binary",
      "settlement_currency": "USD",
      "underlying_reference": "Below $42,500.00: CF Benchmarks BTC trimmed mean price on July 31, 2026, 11:59 PM ET, determined by Kalshi staff review of the official feed, resolves by August 8, 2026.",
      "close_at": "2026-08-01T03:59:59Z",
      "resolve_at": "2026-08-08T03:59:59Z",
      "status": "open",
      "resolution": {
        "rules_raw": "If the price of BTC after issuance and through 11:59 PM ET on Jul 31, 2026 is ever below $42500.00, then the market resolves to Yes.\n\nAt each minute throughout the market duration, a settlement value is calculated using every minute-by-minute CF BRTI price for BTC. For each of these individual minute-by-minute checks, the top 20% and bottom 20% of the cumulative dataset are removed before calculating the average of the remaining values. If the trimmed mean associated with any single minute during the period is above the threshold, the market resolves to Yes. This methodology reduces the impact of extreme price spikes or drops. The measurement period runs from when the market is issued until the specified end time. If CF Benchmarks data is unavailable or incomplete at the expiration time, affected strikes resolve to No. For cryptocurrencies with multiple versions, the Exchange will specify which version or ticker is being tracked.",
        "arbitration_model": "kalshi_staff",
        "proposer": "platform_staff",
        "source": "CF Benchmarks",
        "source_status": "platform_named",
        "source_citation": "https://www.cfbenchmarks.com/",
        "sources": [
          {
            "name": "CF Benchmarks",
            "url": "https://www.cfbenchmarks.com/",
            "provenance": "platform_api"
          },
          {
            "name": "CF BRTI price",
            "url": null,
            "provenance": "clearmarket_editorial"
          }
        ],
        "source_of_record": "CF Benchmarks",
        "source_mechanism": "single_authority",
        "source_type": null,
        "source_quality": "authoritative",
        "source_commitment": "named",
        "source_commitment_subtype": "named",
        "source_hedge_text": null
      },
      "rcg": {
        "grade": "A",
        "score": 90,
        "caps": [],
        "applied_factors": 6
      },
      "last_price": 0.01,
      "implied_probability": 0.01,
      "volume_24h_usd": 0,
      "volume_total_usd": 304.5194,
      "settlement_style": "terminal",
      "direction": "below",
      "threshold": 42500,
      "question_id": "CMX-4D070F3DC1",
      "also_on": null,
      "tags": [
        "bitcoin",
        "btc",
        "july-2026",
        "price"
      ],
      "eligibility_screens": null
    }
  ],
  "resolution_log": [
    {
      "market_id": "CM-MKT-FM4230PQW1",
      "platform": "kalshi",
      "event_type": "resolved",
      "outcome": "NO",
      "resolved_at": "2026-07-01T17:04:00.89144Z",
      "deadline_at": null,
      "occurred_basis": "venue_settlement",
      "final_price": 0,
      "recorded_at": "2026-07-23",
      "source": "platform_api",
      "source_ref": null
    }
  ],
  "_provenance": {
    "source": "clearmarket.fyi",
    "ref": "CM-EVT-4WQMN6PQC2",
    "terms": "Attribution required. clearmarket.fyi"
  }
}