{
  "_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-0T7SDX2738",
  "slug": "kxh200ms-26aug",
  "question": "Will the NVIDIA H200 average hourly price in August reach a specified threshold?",
  "category": "financials",
  "event_type": "BINARY",
  "ladder_distribution": null,
  "tags": [
    "financials",
    "nvidia-h200",
    "gpu-pricing",
    "august-2026",
    "compute-hardware",
    "commodity-price"
  ],
  "catalyst_types": [],
  "catalyst_dates": [],
  "editorial_notes": "These markets track the monthly average hourly spot price of NVIDIA H200 GPU compute in August 2026. Kalshi structures the event as eleven discrete strike thresholds, from $1.50 to $6.50 per hour, each resolving as a binary above/below determination. Together, the strikes form an implied probability distribution over the rate level, readable as a synthetic curve. Resolution follows Kalshi staff determination of the referenced GPU compute pricing product monthly average.",
  "venues_covered": [
    "kalshi"
  ],
  "primary_market_id": "CM-MKT-865GCGRKC9",
  "current_primary_mark": {
    "last_price": 0.99,
    "implied_probability": 0.99,
    "as_of": "2026-08-20T07:01:21.164Z"
  },
  "created_at": "2026-08-04T20:03:51.865287+00:00",
  "updated_at": "2026-08-04T20:03:51.865287+00:00",
  "markets": [
    {
      "market_id": "CM-MKT-7LP5PH1D44",
      "event_id": "CM-EVT-0T7SDX2738",
      "platform": "kalshi",
      "platform_market_id": "KXH200MS-26AUG-1.500",
      "question": "Will the monthly average compute price of NVIDIA's H200 be above $1.50 in August 2026?",
      "description": "Above $1.50",
      "contract_type": "binary",
      "settlement_currency": "USD",
      "underlying_reference": "Above $1.50: Kalshi staff determination of the listed company's referenced GPU compute pricing product monthly average from Ornn dashboard, resolved by September 8, 2026.",
      "close_at": "2026-09-01T03:59:59Z",
      "resolve_at": "2026-09-08T03:59:59Z",
      "status": "open",
      "resolution": {
        "rules_raw": "If the average value of NVIDIA H200 compute per hour is above $1.5 in August 2026, then the market resolves to Yes.\n\nThe market resolves based on the average value of NVIDIA H200 compute per hour in August 2026, calculated as the arithmetic mean of hourly values reported by Ornn.\n\nRevisions to the underlying made after expiration will not be accounted for. The \"USD\" iteration of the index will be used unless explicitly stated otherwise. Values are rounded to two decimal places unless otherwise specified.",
        "arbitration_model": "kalshi_staff",
        "proposer": "platform_staff",
        "source": "Ornn",
        "source_status": "platform_named",
        "source_citation": "https://dashboard.ornnai.com/compute",
        "sources": [
          {
            "name": "Ornn",
            "url": "https://dashboard.ornnai.com/compute",
            "provenance": "platform_api"
          }
        ],
        "source_of_record": "Ornn",
        "source_mechanism": "single_authority",
        "source_type": null,
        "source_quality": "authoritative",
        "source_commitment": "named",
        "source_commitment_subtype": "committed_secondhand",
        "source_hedge_text": null
      },
      "rcg": {
        "grade": "C",
        "score": 59,
        "caps": [
          "commitment_committed_secondhand"
        ],
        "applied_factors": 6
      },
      "last_price": 0.99,
      "implied_probability": 0.99,
      "price_as_of": "2026-08-14T20:01:04.604Z",
      "volume_24h_usd": 0,
      "volume_total_usd": 12808.520999999999,
      "settlement_style": "touch",
      "direction": "above",
      "threshold": 1.5,
      "question_id": "CMX-77F17A9360",
      "also_on": null,
      "tags": [
        "compute",
        "h200",
        "nvidia",
        "nvidia h200 average",
        "price"
      ],
      "eligibility_screens": [
        {
          "regime": "ciro-26-0076",
          "screen_version": "v1",
          "status": "not_eligible",
          "reasons": [
            "under_min_maturity"
          ],
          "permitted_category": null,
          "screened_at": "2026-08-12"
        }
      ]
    },
    {
      "market_id": "CM-MKT-FDV514RFQ9",
      "event_id": "CM-EVT-0T7SDX2738",
      "platform": "kalshi",
      "platform_market_id": "KXH200MS-26AUG-2.000",
      "question": "Will the monthly average compute price of NVIDIA's H200 be above $2.00 in August 2026?",
      "description": "Above $2.00",
      "contract_type": "binary",
      "settlement_currency": "USD",
      "underlying_reference": "Above $2.00: Kalshi staff determination of the listed company's referenced GPU compute pricing product monthly average from Ornn dashboard, resolved by September 8, 2026.",
      "close_at": "2026-09-01T03:59:59Z",
      "resolve_at": "2026-09-08T03:59:59Z",
      "status": "open",
      "resolution": {
        "rules_raw": "If the average value of NVIDIA H200 compute per hour is above $2 in August 2026, then the market resolves to Yes.\n\nThe market resolves based on the average value of NVIDIA H200 compute per hour in August 2026, calculated as the arithmetic mean of hourly values reported by Ornn.\n\nRevisions to the underlying made after expiration will not be accounted for. The \"USD\" iteration of the index will be used unless explicitly stated otherwise. Values are rounded to two decimal places unless otherwise specified.",
        "arbitration_model": "kalshi_staff",
        "proposer": "platform_staff",
        "source": "Ornn",
        "source_status": "platform_named",
        "source_citation": "https://dashboard.ornnai.com/compute",
        "sources": [
          {
            "name": "Ornn",
            "url": "https://dashboard.ornnai.com/compute",
            "provenance": "platform_api"
          }
        ],
        "source_of_record": "Ornn",
        "source_mechanism": "single_authority",
        "source_type": null,
        "source_quality": "authoritative",
        "source_commitment": "named",
        "source_commitment_subtype": "committed_secondhand",
        "source_hedge_text": null
      },
      "rcg": {
        "grade": "C",
        "score": 59,
        "caps": [
          "commitment_committed_secondhand"
        ],
        "applied_factors": 6
      },
      "last_price": 0.99,
      "implied_probability": 0.99,
      "price_as_of": "2026-08-28T06:00:59.261Z",
      "volume_24h_usd": 0,
      "volume_total_usd": 67723.04879999999,
      "settlement_style": "touch",
      "direction": "above",
      "threshold": 2,
      "question_id": "CMX-8BDA1C8B3A",
      "also_on": null,
      "tags": [
        "compute",
        "h200",
        "nvidia",
        "nvidia h200 average",
        "price"
      ],
      "eligibility_screens": [
        {
          "regime": "ciro-26-0076",
          "screen_version": "v1",
          "status": "not_eligible",
          "reasons": [
            "under_min_maturity"
          ],
          "permitted_category": null,
          "screened_at": "2026-08-12"
        }
      ]
    },
    {
      "market_id": "CM-MKT-865GCGRKC9",
      "event_id": "CM-EVT-0T7SDX2738",
      "platform": "kalshi",
      "platform_market_id": "KXH200MS-26AUG-2.500",
      "question": "Will the monthly average compute price of NVIDIA's H200 be above $2.50 in August 2026?",
      "description": "Above $2.50",
      "contract_type": "binary",
      "settlement_currency": "USD",
      "underlying_reference": "Above $2.50: Kalshi staff determination of the listed company's referenced GPU compute pricing product monthly average from Ornn dashboard, resolved by September 8, 2026.",
      "close_at": "2026-09-01T03:59:59Z",
      "resolve_at": "2026-09-08T03:59:59Z",
      "status": "open",
      "resolution": {
        "rules_raw": "If the average value of NVIDIA H200 compute per hour is above $2.5 in August 2026, then the market resolves to Yes.\n\nThe market resolves based on the average value of NVIDIA H200 compute per hour in August 2026, calculated as the arithmetic mean of hourly values reported by Ornn.\n\nRevisions to the underlying made after expiration will not be accounted for. The \"USD\" iteration of the index will be used unless explicitly stated otherwise. Values are rounded to two decimal places unless otherwise specified.",
        "arbitration_model": "kalshi_staff",
        "proposer": "platform_staff",
        "source": "Ornn",
        "source_status": "platform_named",
        "source_citation": "https://dashboard.ornnai.com/compute",
        "sources": [
          {
            "name": "Ornn",
            "url": "https://dashboard.ornnai.com/compute",
            "provenance": "platform_api"
          }
        ],
        "source_of_record": "Ornn",
        "source_mechanism": "single_authority",
        "source_type": null,
        "source_quality": "authoritative",
        "source_commitment": "named",
        "source_commitment_subtype": "committed_secondhand",
        "source_hedge_text": null
      },
      "rcg": {
        "grade": "C",
        "score": 59,
        "caps": [
          "commitment_committed_secondhand"
        ],
        "applied_factors": 6
      },
      "last_price": 0.99,
      "implied_probability": 0.99,
      "price_as_of": "2026-08-20T07:01:21.164Z",
      "volume_24h_usd": 0,
      "volume_total_usd": 25908.3,
      "settlement_style": "touch",
      "direction": "above",
      "threshold": 2.5,
      "question_id": "CMX-E7C11F4CE0",
      "also_on": null,
      "tags": [
        "compute",
        "h200",
        "nvidia",
        "nvidia h200 average",
        "price"
      ],
      "eligibility_screens": [
        {
          "regime": "ciro-26-0076",
          "screen_version": "v1",
          "status": "not_eligible",
          "reasons": [
            "under_min_maturity"
          ],
          "permitted_category": null,
          "screened_at": "2026-08-12"
        }
      ]
    },
    {
      "market_id": "CM-MKT-973LLJV2G3",
      "event_id": "CM-EVT-0T7SDX2738",
      "platform": "kalshi",
      "platform_market_id": "KXH200MS-26AUG-3.000",
      "question": "Will the monthly average compute price of NVIDIA's H200 be above $3.00 in August 2026?",
      "description": "Above $3.00",
      "contract_type": "binary",
      "settlement_currency": "USD",
      "underlying_reference": "Above $3.00: Kalshi staff determination of the listed company's referenced GPU compute pricing product monthly average from Ornn dashboard, resolved by September 8, 2026.",
      "close_at": "2026-09-01T03:59:59Z",
      "resolve_at": "2026-09-08T03:59:59Z",
      "status": "open",
      "resolution": {
        "rules_raw": "If the average value of NVIDIA H200 compute per hour is above $3 in August 2026, then the market resolves to Yes.\n\nThe market resolves based on the average value of NVIDIA H200 compute per hour in August 2026, calculated as the arithmetic mean of hourly values reported by Ornn.\n\nRevisions to the underlying made after expiration will not be accounted for. The \"USD\" iteration of the index will be used unless explicitly stated otherwise. Values are rounded to two decimal places unless otherwise specified.",
        "arbitration_model": "kalshi_staff",
        "proposer": "platform_staff",
        "source": "Ornn",
        "source_status": "platform_named",
        "source_citation": "https://dashboard.ornnai.com/compute",
        "sources": [
          {
            "name": "Ornn",
            "url": "https://dashboard.ornnai.com/compute",
            "provenance": "platform_api"
          }
        ],
        "source_of_record": "Ornn",
        "source_mechanism": "single_authority",
        "source_type": null,
        "source_quality": "authoritative",
        "source_commitment": "named",
        "source_commitment_subtype": "committed_secondhand",
        "source_hedge_text": null
      },
      "rcg": {
        "grade": "C",
        "score": 59,
        "caps": [
          "commitment_committed_secondhand"
        ],
        "applied_factors": 6
      },
      "last_price": 0.99,
      "implied_probability": 0.99,
      "price_as_of": "2026-08-14T20:01:04.604Z",
      "volume_24h_usd": 0,
      "volume_total_usd": 4322.34,
      "settlement_style": "touch",
      "direction": "above",
      "threshold": 3,
      "question_id": "CMX-7E44068A96",
      "also_on": null,
      "tags": [
        "compute",
        "h200",
        "nvidia",
        "nvidia h200 average",
        "price"
      ],
      "eligibility_screens": [
        {
          "regime": "ciro-26-0076",
          "screen_version": "v1",
          "status": "not_eligible",
          "reasons": [
            "under_min_maturity"
          ],
          "permitted_category": null,
          "screened_at": "2026-08-12"
        }
      ]
    },
    {
      "market_id": "CM-MKT-W72TSM8P03",
      "event_id": "CM-EVT-0T7SDX2738",
      "platform": "kalshi",
      "platform_market_id": "KXH200MS-26AUG-3.500",
      "question": "Will the monthly average compute price of NVIDIA's H200 be above $3.50 in August 2026?",
      "description": "Above $3.50",
      "contract_type": "binary",
      "settlement_currency": "USD",
      "underlying_reference": "Above $3.50: Kalshi staff determination of the listed company's referenced GPU compute pricing product monthly average from Ornn dashboard, resolved by September 8, 2026.",
      "close_at": "2026-09-01T03:59:59Z",
      "resolve_at": "2026-09-08T03:59:59Z",
      "status": "open",
      "resolution": {
        "rules_raw": "If the average value of NVIDIA H200 compute per hour is above $3.5 in August 2026, then the market resolves to Yes.\n\nThe market resolves based on the average value of NVIDIA H200 compute per hour in August 2026, calculated as the arithmetic mean of hourly values reported by Ornn.\n\nRevisions to the underlying made after expiration will not be accounted for. The \"USD\" iteration of the index will be used unless explicitly stated otherwise. Values are rounded to two decimal places unless otherwise specified.",
        "arbitration_model": "kalshi_staff",
        "proposer": "platform_staff",
        "source": "Ornn",
        "source_status": "platform_named",
        "source_citation": "https://dashboard.ornnai.com/compute",
        "sources": [
          {
            "name": "Ornn",
            "url": "https://dashboard.ornnai.com/compute",
            "provenance": "platform_api"
          }
        ],
        "source_of_record": "Ornn",
        "source_mechanism": "single_authority",
        "source_type": null,
        "source_quality": "authoritative",
        "source_commitment": "named",
        "source_commitment_subtype": "committed_secondhand",
        "source_hedge_text": null
      },
      "rcg": {
        "grade": "C",
        "score": 59,
        "caps": [
          "commitment_committed_secondhand"
        ],
        "applied_factors": 6
      },
      "last_price": 0.99,
      "implied_probability": 0.99,
      "price_as_of": "2026-08-28T06:00:59.261Z",
      "volume_24h_usd": 0,
      "volume_total_usd": 34327.359,
      "settlement_style": "touch",
      "direction": "above",
      "threshold": 3.5,
      "question_id": "CMX-0F0C912AD6",
      "also_on": null,
      "tags": [
        "compute",
        "h200",
        "nvidia",
        "nvidia h200 average",
        "price"
      ],
      "eligibility_screens": [
        {
          "regime": "ciro-26-0076",
          "screen_version": "v1",
          "status": "not_eligible",
          "reasons": [
            "under_min_maturity"
          ],
          "permitted_category": null,
          "screened_at": "2026-08-12"
        }
      ]
    },
    {
      "market_id": "CM-MKT-7C44NCGR82",
      "event_id": "CM-EVT-0T7SDX2738",
      "platform": "kalshi",
      "platform_market_id": "KXH200MS-26AUG-4.000",
      "question": "Will the monthly average compute price of NVIDIA's H200 be above $4.00 in August 2026?",
      "description": "Above $4.00",
      "contract_type": "binary",
      "settlement_currency": "USD",
      "underlying_reference": "Above $4.00: Kalshi staff determination of the listed company's referenced GPU compute pricing product monthly average from Ornn dashboard, resolved by September 8, 2026.",
      "close_at": "2026-09-01T03:59:59Z",
      "resolve_at": "2026-09-08T03:59:59Z",
      "status": "open",
      "resolution": {
        "rules_raw": "If the average value of NVIDIA H200 compute per hour is above $4 in August 2026, then the market resolves to Yes.\n\nThe market resolves based on the average value of NVIDIA H200 compute per hour in August 2026, calculated as the arithmetic mean of hourly values reported by Ornn.\n\nRevisions to the underlying made after expiration will not be accounted for. The \"USD\" iteration of the index will be used unless explicitly stated otherwise. Values are rounded to two decimal places unless otherwise specified.",
        "arbitration_model": "kalshi_staff",
        "proposer": "platform_staff",
        "source": "Ornn",
        "source_status": "platform_named",
        "source_citation": "https://dashboard.ornnai.com/compute",
        "sources": [
          {
            "name": "Ornn",
            "url": "https://dashboard.ornnai.com/compute",
            "provenance": "platform_api"
          }
        ],
        "source_of_record": "Ornn",
        "source_mechanism": "single_authority",
        "source_type": null,
        "source_quality": "authoritative",
        "source_commitment": "named",
        "source_commitment_subtype": "committed_secondhand",
        "source_hedge_text": null
      },
      "rcg": {
        "grade": "C",
        "score": 59,
        "caps": [
          "commitment_committed_secondhand"
        ],
        "applied_factors": 6
      },
      "last_price": 0.99,
      "implied_probability": 0.99,
      "price_as_of": "2026-08-25T11:01:09.506Z",
      "volume_24h_usd": 0,
      "volume_total_usd": 10926.2241,
      "settlement_style": "touch",
      "direction": "above",
      "threshold": 4,
      "question_id": "CMX-392496850E",
      "also_on": null,
      "tags": [
        "compute",
        "h200",
        "nvidia",
        "nvidia h200 average",
        "price"
      ],
      "eligibility_screens": [
        {
          "regime": "ciro-26-0076",
          "screen_version": "v1",
          "status": "not_eligible",
          "reasons": [
            "under_min_maturity"
          ],
          "permitted_category": null,
          "screened_at": "2026-08-12"
        }
      ]
    },
    {
      "market_id": "CM-MKT-0TFF7MH5H2",
      "event_id": "CM-EVT-0T7SDX2738",
      "platform": "kalshi",
      "platform_market_id": "KXH200MS-26AUG-4.500",
      "question": "Will the monthly average compute price of NVIDIA's H200 be above $4.50 in August 2026?",
      "description": "Above $4.50",
      "contract_type": "binary",
      "settlement_currency": "USD",
      "underlying_reference": "Above $4.50: Kalshi staff determination of the listed company's referenced GPU compute pricing product monthly average from Ornn dashboard, resolved by September 8, 2026.",
      "close_at": "2026-09-01T03:59:59Z",
      "resolve_at": "2026-09-08T03:59:59Z",
      "status": "open",
      "resolution": {
        "rules_raw": "If the average value of NVIDIA H200 compute per hour is above $4.5 in August 2026, then the market resolves to Yes.\n\nThe market resolves based on the average value of NVIDIA H200 compute per hour in August 2026, calculated as the arithmetic mean of hourly values reported by Ornn.\n\nRevisions to the underlying made after expiration will not be accounted for. The \"USD\" iteration of the index will be used unless explicitly stated otherwise. Values are rounded to two decimal places unless otherwise specified.",
        "arbitration_model": "kalshi_staff",
        "proposer": "platform_staff",
        "source": "Ornn",
        "source_status": "platform_named",
        "source_citation": "https://dashboard.ornnai.com/compute",
        "sources": [
          {
            "name": "Ornn",
            "url": "https://dashboard.ornnai.com/compute",
            "provenance": "platform_api"
          }
        ],
        "source_of_record": "Ornn",
        "source_mechanism": "single_authority",
        "source_type": null,
        "source_quality": "authoritative",
        "source_commitment": "named",
        "source_commitment_subtype": "committed_secondhand",
        "source_hedge_text": null
      },
      "rcg": {
        "grade": "C",
        "score": 59,
        "caps": [
          "commitment_committed_secondhand"
        ],
        "applied_factors": 6
      },
      "last_price": 0.99,
      "implied_probability": 0.99,
      "price_as_of": "2026-08-29T00:01:25.253Z",
      "volume_24h_usd": 0,
      "volume_total_usd": 18701.1,
      "settlement_style": "touch",
      "direction": "above",
      "threshold": 4.5,
      "question_id": "CMX-234C9966F2",
      "also_on": null,
      "tags": [
        "compute",
        "h200",
        "nvidia",
        "nvidia h200 average",
        "price"
      ],
      "eligibility_screens": [
        {
          "regime": "ciro-26-0076",
          "screen_version": "v1",
          "status": "not_eligible",
          "reasons": [
            "under_min_maturity"
          ],
          "permitted_category": null,
          "screened_at": "2026-08-12"
        }
      ]
    },
    {
      "market_id": "CM-MKT-XY1LZ44GR1",
      "event_id": "CM-EVT-0T7SDX2738",
      "platform": "kalshi",
      "platform_market_id": "KXH200MS-26AUG-5.000",
      "question": "Will the monthly average compute price of NVIDIA's H200 be above $5.00 in August 2026?",
      "description": "Above $5.00",
      "contract_type": "binary",
      "settlement_currency": "USD",
      "underlying_reference": "Above $5.00: Kalshi staff determination of the listed company's referenced GPU compute pricing product monthly average from Ornn dashboard, resolved by September 8, 2026.",
      "close_at": "2026-09-01T03:59:59Z",
      "resolve_at": "2026-09-08T03:59:59Z",
      "status": "open",
      "resolution": {
        "rules_raw": "If the average value of NVIDIA H200 compute per hour is above $5 in August 2026, then the market resolves to Yes.\n\nThe market resolves based on the average value of NVIDIA H200 compute per hour in August 2026, calculated as the arithmetic mean of hourly values reported by Ornn.\n\nRevisions to the underlying made after expiration will not be accounted for. The \"USD\" iteration of the index will be used unless explicitly stated otherwise. Values are rounded to two decimal places unless otherwise specified.",
        "arbitration_model": "kalshi_staff",
        "proposer": "platform_staff",
        "source": "Ornn",
        "source_status": "platform_named",
        "source_citation": "https://dashboard.ornnai.com/compute",
        "sources": [
          {
            "name": "Ornn",
            "url": "https://dashboard.ornnai.com/compute",
            "provenance": "platform_api"
          }
        ],
        "source_of_record": "Ornn",
        "source_mechanism": "single_authority",
        "source_type": null,
        "source_quality": "authoritative",
        "source_commitment": "named",
        "source_commitment_subtype": "committed_secondhand",
        "source_hedge_text": null
      },
      "rcg": {
        "grade": "C",
        "score": 59,
        "caps": [
          "commitment_committed_secondhand"
        ],
        "applied_factors": 6
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    "terms": "Attribution required. clearmarket.fyi"
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}