{
  "_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-JF7VML1T05",
  "slug": "kxusdbrlmaxm-26jun30",
  "question": "The USD/BRL exchange rate in 2026 (multi-deadline series)",
  "category": "financials",
  "event_type": "LADDER",
  "ladder_distribution": {
    "direction": "above",
    "implied_band": [
      5.2,
      5.25
    ],
    "strikes": [
      {
        "threshold": 5.05,
        "prob": 100
      },
      {
        "threshold": 5.1,
        "prob": 100
      },
      {
        "threshold": 5.15,
        "prob": 100
      },
      {
        "threshold": 5.2,
        "prob": 100
      },
      {
        "threshold": 5.25,
        "prob": 0
      },
      {
        "threshold": 5.3,
        "prob": 0
      },
      {
        "threshold": 5.35,
        "prob": 0
      },
      {
        "threshold": 5.4,
        "prob": 0
      },
      {
        "threshold": 5.45,
        "prob": 0
      },
      {
        "threshold": 5.5,
        "prob": 0
      }
    ]
  },
  "tags": [
    "financials",
    "currency-pairs",
    "forex-markets",
    "emerging-markets",
    "brazilian-real",
    "2026"
  ],
  "catalyst_types": [],
  "catalyst_dates": [],
  "editorial_notes": "These markets track whether the USD/BRL spot rate reaches discrete strike thresholds by June 30, 2026. Kalshi structures all ten contracts as barrier questions at 0.05-increment levels from 5.05 to 5.50. Each contract prices the probability of a specific rate level breach, forming an implied distribution of BRL depreciation risk. Resolution uses Kalshi staff determination referencing the Intercontinental Exchange USD/BRL spot rate observed July 8, 2026 at 04:59 UTC.",
  "venues_covered": [
    "kalshi"
  ],
  "primary_market_id": "CM-MKT-3VB0V19N05",
  "current_primary_mark": {
    "last_price": 0,
    "implied_probability": 0
  },
  "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-WWXK946165",
      "event_id": "CM-EVT-JF7VML1T05",
      "platform": "kalshi",
      "platform_market_id": "KXUSDBRLMAXM-26JUN30-T5.0499",
      "question": "Will the USD/BRL exchange rate reach 5.0499 by Jun 30, 2026?",
      "description": "5.05 or above",
      "contract_type": "binary",
      "settlement_currency": "USD",
      "underlying_reference": "5.05 or above: The Intercontinental Exchange USD/BRL spot rate on July 8, 2026 at 04:59 UTC, as determined by Kalshi staff, resolves the outcome.",
      "close_at": "2026-06-10T17:17:14Z",
      "resolve_at": "2026-06-10T17:17:14Z",
      "status": "resolved",
      "resolution": {
        "rules_raw": "If the USD/BRL rises above 5.0499 before Jun 30, 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"
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        ],
        "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": 1,
      "implied_probability": 1,
      "volume_24h_usd": 0,
      "volume_total_usd": 2340.36,
      "settlement_style": "touch",
      "direction": "above",
      "threshold": 5.05,
      "question_id": "CMX-2BC452A7C1",
      "also_on": null,
      "tags": [
        "brl",
        "currency",
        "forex",
        "usd",
        "usd brl"
      ],
      "eligibility_screens": [
        {
          "regime": "ciro-26-0076",
          "screen_version": "v1",
          "status": "not_eligible",
          "reasons": [
            "under_min_maturity"
          ],
          "bucket": null,
          "screened_at": "2026-06-12"
        }
      ]
    },
    {
      "market_id": "CM-MKT-T472D90GT8",
      "event_id": "CM-EVT-JF7VML1T05",
      "platform": "kalshi",
      "platform_market_id": "KXUSDBRLMAXM-26JUN30-T5.0999",
      "question": "Will the USD/BRL exchange rate reach 5.0999 by Jun 30, 2026?",
      "description": "5.1 or above",
      "contract_type": "binary",
      "settlement_currency": "USD",
      "underlying_reference": "5.1 or above: The Intercontinental Exchange USD/BRL spot rate on July 8, 2026 at 04:59 UTC, as determined by Kalshi staff, resolves the outcome.",
      "close_at": "2026-06-10T17:17:42Z",
      "resolve_at": "2026-06-10T17:17:42Z",
      "status": "resolved",
      "resolution": {
        "rules_raw": "If the USD/BRL rises above 5.0999 before Jun 30, 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/",
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        ],
        "source_of_record": "ICE",
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        "source_type": null,
        "source_quality": "authoritative",
        "source_commitment": "named",
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      "rcg": {
        "grade": "A",
        "score": 100,
        "caps": [],
        "applied_factors": 6
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      "last_price": 1,
      "implied_probability": 1,
      "volume_24h_usd": 0,
      "volume_total_usd": 8457.59,
      "settlement_style": "touch",
      "direction": "above",
      "threshold": 5.1,
      "question_id": "CMX-5774DB267A",
      "also_on": null,
      "tags": [
        "brl",
        "currency",
        "forex",
        "usd",
        "usd brl"
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      "eligibility_screens": [
        {
          "regime": "ciro-26-0076",
          "screen_version": "v1",
          "status": "not_eligible",
          "reasons": [
            "under_min_maturity"
          ],
          "bucket": null,
          "screened_at": "2026-06-12"
        }
      ]
    },
    {
      "market_id": "CM-MKT-N9QCD178P1",
      "event_id": "CM-EVT-JF7VML1T05",
      "platform": "kalshi",
      "platform_market_id": "KXUSDBRLMAXM-26JUN30-T5.1499",
      "question": "Will the USD/BRL exchange rate reach 5.1499 by Jun 30, 2026?",
      "description": "5.15 or above",
      "contract_type": "binary",
      "settlement_currency": "USD",
      "underlying_reference": "5.15 or above: The Intercontinental Exchange USD/BRL spot rate on July 8, 2026 at 04:59 UTC, as determined by Kalshi staff, resolves the outcome.",
      "close_at": "2026-06-10T17:19:15Z",
      "resolve_at": "2026-06-10T17:19:15Z",
      "status": "resolved",
      "resolution": {
        "rules_raw": "If the USD/BRL rises above 5.1499 before Jun 30, 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",
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        "source_hedge_text": null
      },
      "rcg": {
        "grade": "A",
        "score": 100,
        "caps": [],
        "applied_factors": 6
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      "last_price": 1,
      "implied_probability": 1,
      "volume_24h_usd": 0,
      "volume_total_usd": 788.9,
      "settlement_style": "touch",
      "direction": "above",
      "threshold": 5.15,
      "question_id": "CMX-676E03915E",
      "also_on": null,
      "tags": [
        "brl",
        "currency",
        "forex",
        "usd",
        "usd brl"
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      "eligibility_screens": [
        {
          "regime": "ciro-26-0076",
          "screen_version": "v1",
          "status": "not_eligible",
          "reasons": [
            "under_min_maturity"
          ],
          "bucket": null,
          "screened_at": "2026-06-12"
        }
      ]
    },
    {
      "market_id": "CM-MKT-G0VRYYQ9L0",
      "event_id": "CM-EVT-JF7VML1T05",
      "platform": "kalshi",
      "platform_market_id": "KXUSDBRLMAXM-26JUN30-T5.1999",
      "question": "Will the USD/BRL exchange rate reach 5.1999 by Jun 30, 2026?",
      "description": "5.2 or above",
      "contract_type": "binary",
      "settlement_currency": "USD",
      "underlying_reference": "5.2 or above: The Intercontinental Exchange USD/BRL spot rate on July 8, 2026 at 04:59 UTC, as determined by Kalshi staff, resolves the outcome.",
      "close_at": "2026-06-29T14:22:32Z",
      "resolve_at": "2026-06-29T14:22:32Z",
      "status": "resolved",
      "resolution": {
        "rules_raw": "If the USD/BRL rises above 5.1999 before Jun 30, 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",
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      },
      "rcg": {
        "grade": "A",
        "score": 100,
        "caps": [],
        "applied_factors": 6
      },
      "last_price": 1,
      "implied_probability": 1,
      "volume_24h_usd": 0,
      "volume_total_usd": 628.8,
      "settlement_style": "touch",
      "direction": "above",
      "threshold": 5.2,
      "question_id": "CMX-5B52393D73",
      "also_on": null,
      "tags": [
        "brl",
        "currency",
        "forex",
        "usd",
        "usd brl"
      ],
      "eligibility_screens": [
        {
          "regime": "ciro-26-0076",
          "screen_version": "v1",
          "status": "not_eligible",
          "reasons": [
            "under_min_maturity"
          ],
          "bucket": null,
          "screened_at": "2026-06-12"
        }
      ]
    },
    {
      "market_id": "CM-MKT-3VB0V19N05",
      "event_id": "CM-EVT-JF7VML1T05",
      "platform": "kalshi",
      "platform_market_id": "KXUSDBRLMAXM-26JUN30-T5.2499",
      "question": "Will the USD/BRL exchange rate reach 5.2499 by Jun 30, 2026?",
      "description": "5.25 or above",
      "contract_type": "binary",
      "settlement_currency": "USD",
      "underlying_reference": "5.25 or above: The Intercontinental Exchange USD/BRL spot rate on July 8, 2026 at 04:59 UTC, as determined by Kalshi staff, resolves the outcome.",
      "close_at": "2026-07-01T04:59:00Z",
      "resolve_at": "2026-07-01T04:59:00Z",
      "status": "resolved",
      "resolution": {
        "rules_raw": "If the USD/BRL rises above 5.2499 before Jun 30, 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"
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        ],
        "source_of_record": "ICE",
        "source_mechanism": "single_authority",
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        "source_quality": "authoritative",
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      "rcg": {
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      "last_price": 0,
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      "volume_24h_usd": 2.64,
      "volume_total_usd": 670.28,
      "settlement_style": "touch",
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      "threshold": 5.25,
      "question_id": "CMX-E2A21FA3A0",
      "also_on": null,
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        "usd brl"
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        {
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          "bucket": null,
          "screened_at": "2026-06-12"
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      ]
    },
    {
      "market_id": "CM-MKT-KK4GWCSJQ2",
      "event_id": "CM-EVT-JF7VML1T05",
      "platform": "kalshi",
      "platform_market_id": "KXUSDBRLMAXM-26JUN30-T5.2999",
      "question": "Will the USD/BRL exchange rate reach 5.2999 by Jun 30, 2026?",
      "description": "5.3 or above",
      "contract_type": "binary",
      "settlement_currency": "USD",
      "underlying_reference": "5.3 or above: The Intercontinental Exchange USD/BRL spot rate on July 8, 2026 at 04:59 UTC, as determined by Kalshi staff, resolves the outcome.",
      "close_at": "2026-07-01T04:59:00Z",
      "resolve_at": "2026-07-01T04:59:00Z",
      "status": "resolved",
      "resolution": {
        "rules_raw": "If the USD/BRL rises above 5.2999 before Jun 30, 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/",
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        ],
        "source_of_record": "ICE",
        "source_mechanism": "single_authority",
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      "rcg": {
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        "score": 100,
        "caps": [],
        "applied_factors": 6
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      "last_price": 0,
      "implied_probability": 0,
      "volume_24h_usd": 0,
      "volume_total_usd": 140.11,
      "settlement_style": "touch",
      "direction": "above",
      "threshold": 5.3,
      "question_id": "CMX-8CD2544EF4",
      "also_on": null,
      "tags": [
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        "currency",
        "forex",
        "usd",
        "usd brl"
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      "eligibility_screens": [
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          "bucket": null,
          "screened_at": "2026-06-12"
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    },
    {
      "market_id": "CM-MKT-14QJ0SDBL7",
      "event_id": "CM-EVT-JF7VML1T05",
      "platform": "kalshi",
      "platform_market_id": "KXUSDBRLMAXM-26JUN30-T5.3499",
      "question": "Will the USD/BRL exchange rate reach 5.3499 by Jun 30, 2026?",
      "description": "5.35 or above",
      "contract_type": "binary",
      "settlement_currency": "USD",
      "underlying_reference": "5.35 or above: The Intercontinental Exchange USD/BRL spot rate on July 8, 2026 at 04:59 UTC, as determined by Kalshi staff, resolves the outcome.",
      "close_at": "2026-07-01T04:59:00Z",
      "resolve_at": "2026-07-01T04:59:00Z",
      "status": "resolved",
      "resolution": {
        "rules_raw": "If the USD/BRL rises above 5.3499 before Jun 30, 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/",
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        ],
        "source_of_record": "ICE",
        "source_mechanism": "single_authority",
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      "last_price": 0,
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      "volume_24h_usd": 0,
      "volume_total_usd": 45.06,
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      "threshold": 5.35,
      "question_id": "CMX-8E09DF5DA0",
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    {
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      "event_id": "CM-EVT-JF7VML1T05",
      "platform": "kalshi",
      "platform_market_id": "KXUSDBRLMAXM-26JUN30-T5.3999",
      "question": "Will the USD/BRL exchange rate reach 5.3999 by Jun 30, 2026?",
      "description": "5.4 or above",
      "contract_type": "binary",
      "settlement_currency": "USD",
      "underlying_reference": "5.4 or above: The Intercontinental Exchange USD/BRL spot rate on July 8, 2026 at 04:59 UTC, as determined by Kalshi staff, resolves the outcome.",
      "close_at": "2026-07-01T04:59:00Z",
      "resolve_at": "2026-07-01T04:59:00Z",
      "status": "resolved",
      "resolution": {
        "rules_raw": "If the USD/BRL rises above 5.3999 before Jun 30, 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/",
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        ],
        "source_of_record": "ICE",
        "source_mechanism": "single_authority",
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      "rcg": {
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        "score": 100,
        "caps": [],
        "applied_factors": 6
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      "last_price": 0,
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      "volume_24h_usd": 0,
      "volume_total_usd": 117.4,
      "settlement_style": "touch",
      "direction": "above",
      "threshold": 5.4,
      "question_id": "CMX-F3C339C7F4",
      "also_on": null,
      "tags": [
        "brl",
        "currency",
        "forex",
        "usd",
        "usd brl"
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      "eligibility_screens": [
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          "screen_version": "v1",
          "status": "not_eligible",
          "reasons": [
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          "bucket": null,
          "screened_at": "2026-06-12"
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    },
    {
      "market_id": "CM-MKT-V56TN3TFG7",
      "event_id": "CM-EVT-JF7VML1T05",
      "platform": "kalshi",
      "platform_market_id": "KXUSDBRLMAXM-26JUN30-T5.4499",
      "question": "Will the USD/BRL exchange rate reach 5.4499 by Jun 30, 2026?",
      "description": "5.45 or above",
      "contract_type": "binary",
      "settlement_currency": "USD",
      "underlying_reference": "5.45 or above: The Intercontinental Exchange USD/BRL spot rate on July 8, 2026 at 04:59 UTC, as determined by Kalshi staff, resolves the outcome.",
      "close_at": "2026-07-01T04:59:00Z",
      "resolve_at": "2026-07-01T04:59:00Z",
      "status": "resolved",
      "resolution": {
        "rules_raw": "If the USD/BRL rises above 5.4499 before Jun 30, 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": [
          {
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