{
  "_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-G1QXKLYM86",
  "slug": "kxusdbrlmax-26dec31",
  "question": "USD/BRL high in 20​26",
  "category": "financials",
  "event_type": "BINARY",
  "ladder_distribution": null,
  "tags": [
    "financials",
    "forex-usd-brl",
    "exchange-rate-extreme",
    "currency-volatility",
    "brazil-macroeconomics",
    "2026"
  ],
  "catalyst_types": [],
  "catalyst_dates": [],
  "editorial_notes": "These markets track the peak USD/BRL spot rate at discrete strike thresholds through December 31, 2026. Kalshi structures all ten contracts as binary touch options at 0.25-handle intervals from 4.9999 to 7.2499. Each contract resolves independently via Kalshi staff determination using ICE USD/BRL exchange rate data as the authoritative source. Higher-strike contracts nest inside lower-strike ones, so the implied probability curve must be monotonically declining across the ladder.",
  "venues_covered": [
    "kalshi"
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  "primary_market_id": "CM-MKT-XX5NXG6DB1",
  "current_primary_mark": {
    "last_price": 0.01,
    "implied_probability": 0.01
  },
  "created_at": "2026-07-06T00:30:45.836226+00:00",
  "updated_at": "2026-07-06T00:30:45.836226+00:00",
  "markets": [
    {
      "market_id": "CM-MKT-XNS9ZS8C93",
      "event_id": "CM-EVT-G1QXKLYM86",
      "platform": "kalshi",
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      "question": "Will the maximum USD/BRL exchange rate reach 4.9999 by Dec 31, 2026?",
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      "contract_type": "binary",
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      "close_at": "2026-06-02T14:55:56Z",
      "resolve_at": "2027-01-07T16:00:00Z",
      "status": "resolved",
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        "rules_raw": "If the USD/BRL rises above 4.9999 before Dec 31, 2026, then the market resolves to Yes.",
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        "source": "ICE",
        "source_status": "platform_named",
        "source_citation": "https://www.tradingview.com/symbols/BRLUSD/",
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            "name": "ICE",
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        "source_quality": "authoritative",
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      "rcg": {
        "grade": "A",
        "score": 100,
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        "applied_factors": 6
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      "last_price": 0.97,
      "implied_probability": 0.97,
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      "volume_total_usd": 200.93,
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      "threshold": 5,
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        "brazil",
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        {
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    {
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      "question": "Will the maximum USD/BRL exchange rate reach 5.2499 by Dec 31, 2026?",
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      "close_at": "2026-06-02T14:56:44Z",
      "resolve_at": "2027-01-07T16:00:00Z",
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      "last_price": 0.34,
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    {
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      "question": "Will the maximum USD/BRL exchange rate reach 5.7499 by Dec 31, 2026?",
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    {
      "market_id": "CM-MKT-Q3M0797300",
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      "question": "Will the maximum USD/BRL exchange rate reach 5.9999 by Dec 31, 2026?",
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      "question": "Will the maximum USD/BRL exchange rate reach 6.9999 by Dec 31, 2026?",
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      "question_id": "CMX-8D1C07D13D",
      "also_on": null,
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        "brazil",
        "currency",
        "exchange-rate",
        "fx",
        "usd brl"
      ],
      "eligibility_screens": [
        {
          "regime": "ciro-26-0076",
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          "bucket": null,
          "screened_at": "2026-06-12"
        }
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    },
    {
      "market_id": "CM-MKT-ST142S4VK7",
      "event_id": "CM-EVT-G1QXKLYM86",
      "platform": "kalshi",
      "platform_market_id": "KXUSDBRLMAX-26DEC31-T7.2499",
      "question": "Will the maximum USD/BRL exchange rate reach 7.2499 by Dec 31, 2026?",
      "description": "7.25 or above",
      "contract_type": "binary",
      "settlement_currency": "USD",
      "underlying_reference": "7.25 or above: ICE USD/BRL exchange rate data determines whether the maximum rate reaches the specified threshold by December 31, 2026, with Kalshi staff resolution by January 7, 2027.",
      "close_at": "2026-12-31T16:00:00Z",
      "resolve_at": "2027-01-07T16:00:00Z",
      "status": "open",
      "resolution": {
        "rules_raw": "If the USD/BRL rises above 7.2499 before Dec 31, 2026, then the market resolves to Yes.",
        "arbitration_model": "kalshi_staff",
        "proposer": "platform_staff",
        "source": "ICE",
        "source_status": "platform_named",
        "source_citation": "https://www.tradingview.com/symbols/BRLUSD/",
        "sources": [
          {
            "name": "ICE",
            "url": "https://www.tradingview.com/symbols/BRLUSD/",
            "provenance": "platform_api"
          }
        ],
        "source_of_record": "ICE",
        "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": 100,
        "caps": [],
        "applied_factors": 6
      },
      "last_price": 0.02,
      "implied_probability": 0.02,
      "volume_24h_usd": 0,
      "volume_total_usd": 1140.7186,
      "settlement_style": "touch",
      "direction": "above",
      "threshold": 7.25,
      "question_id": "CMX-AF3A49CF68",
      "also_on": null,
      "tags": [
        "brazil",
        "currency",
        "exchange-rate",
        "fx",
        "usd brl"
      ],
      "eligibility_screens": [
        {
          "regime": "ciro-26-0076",
          "screen_version": "v1",
          "status": "review",
          "reasons": [
            "category_interpretation_s1"
          ],
          "bucket": null,
          "screened_at": "2026-06-12"
        }
      ]
    }
  ],
  "resolution_log": [
    {
      "market_id": "CM-MKT-XNS9ZS8C93",
      "platform": "kalshi",
      "outcome": "YES",
      "resolved_at": "2027-01-07T16:00:00Z",
      "final_price": 0.97,
      "recorded_at": "2026-07-06",
      "source": "platform_api",
      "source_ref": null
    },
    {
      "market_id": "CM-MKT-1FMSLM2VD4",
      "platform": "kalshi",
      "outcome": "PENDING",
      "resolved_at": "2027-01-07T16:00:00Z",
      "final_price": 0.57,
      "recorded_at": "2026-07-06",
      "source": "platform_api",
      "source_ref": null
    }
  ],
  "_provenance": {
    "source": "clearmarket.fyi",
    "ref": "CM-EVT-G1QXKLYM86",
    "terms": "Attribution required. clearmarket.fyi"
  }
}