{
  "_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-NRC039X6K7",
  "slug": "largest-ipo-by-market-cap-in-2026-287",
  "question": "Which company will have the largest IPO by market capitalization in 2026?",
  "category": "technology",
  "event_type": "BINARY",
  "ladder_distribution": null,
  "tags": [
    "technology",
    "tech-ipo-2026",
    "market-cap-superlative",
    "public-markets",
    "technology-listings",
    "us-equities"
  ],
  "catalyst_types": [],
  "catalyst_dates": [],
  "editorial_notes": "This event tracks which company will record the largest market capitalization at IPO completion between January 1 and December 31, 2026. Polymarket structures each candidate as a discrete binary contract, resolved via Polymarket's UMA Optimistic Oracle. The 74 markets are mutually exclusive; only one company can win the full event. Resolution depends on publicly verifiable first-day market capitalization data across all qualifying 2026 listings.",
  "venues_covered": [
    "polymarket"
  ],
  "primary_market_id": "CM-MKT-KKL9DR41V7",
  "current_primary_mark": {
    "last_price": 0.001,
    "implied_probability": 0.001
  },
  "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-3RPMP15DS9",
      "event_id": "CM-EVT-NRC039X6K7",
      "platform": "polymarket",
      "platform_market_id": "0xf1ecbd323c8371bd87015f2f2e5b96051a03fdb1b4dcccd46f1c5494018074ea",
      "question": "Will Placeholder K have the highest IPO Market Cap 2026?",
      "description": "This market will resolve to the company that achieves the highest market capitalization in U.S. dollars based on the official closing price on its first trading day in 2026.\n\nThis market will resolve to a company that completes an Initial Public Offering (IPO) between January 1 and December 31, 2026, 11:59 PM ET.\n\nMarket capitalization is defined as the total number of outstanding shares multiplied by the closing share price on the first trading day.\n\nIf two or more companies have exactly equal highest closing market capitalizations, this market will resolve to the company whose listed name co",
      "contract_type": "binary",
      "settlement_currency": "USDC",
      "underlying_reference": "Placeholder K: The listed company completing an IPO between January 1 and December 31, 2026 with the highest market capitalization on its first trading day, calculated as outstanding shares multiplied by closing price, resolves the outcome.",
      "close_at": "2026-12-31T00:00:00Z",
      "resolve_at": "2026-12-31T00:00:00Z",
      "status": "closed",
      "resolution": {
        "rules_raw": "This market will resolve to the company that achieves the highest market capitalization in U.S. dollars based on the official closing price on its first trading day in 2026.\n\nThis market will resolve to a company that completes an Initial Public Offering (IPO) between January 1 and December 31, 2026, 11:59 PM ET.\n\nMarket capitalization is defined as the total number of outstanding shares multiplied by the closing share price on the first trading day.\n\nIf two or more companies have exactly equal highest closing market capitalizations, this market will resolve to the company whose listed name comes first alphabetically.\n\nResolution will be based on the primary exchange’s official listing page. In the event that the relevant figure is not displayed, another reliable source will be used.\n\nIn case the respective company's primary exchange’s official listing page does not report in U.S. dollars, it will be converted to U.S. dollars using the U.S. Federal Reserve Board’s H.10 foreign exchange reference rate for the relevant currency pair on the company’s first trading day (https://www.federalreserve.gov/releases/h10/). If no such rate is available for the relevant trading day, the most recent previously published rate will be used. If the relevant currency is not listed, another credible exchange rate source will be used.\n\nA listed company may resolve to \"No\" as soon as it becomes unable to complete an IPO, including due to acquisition, merger, or absorption by an entity that is already publicly traded.\n\nIn the event of an interruption in the course of the normal trading session on the respective companies’ first day of trading (e.g., a circuit breaker or half-day), the market will resolve according to the official closing price of the abbreviated session. If no such official closing price is published, the market will resolve according to the next trading day on which an official closing price is published, treating that as the first day of trading for purposes of this market.",
        "arbitration_model": "uma_oracle",
        "proposer": "managed_whitelist",
        "source": null,
        "source_status": "platform_named",
        "source_citation": "https://www.federalreserve.gov/releases/h10/",
        "sources": [
          {
            "name": "federalreserve.gov",
            "url": "https://www.federalreserve.gov/releases/h10/",
            "provenance": "platform_api"
          }
        ],
        "source_of_record": null,
        "source_mechanism": "precedence",
        "source_type": null,
        "source_quality": null,
        "source_commitment": "named",
        "source_commitment_subtype": "named",
        "source_hedge_text": null
      },
      "rcg": {
        "grade": "A",
        "score": 92,
        "caps": [],
        "applied_factors": 7
      },
      "last_price": 0,
      "implied_probability": 0,
      "volume_24h_usd": 0,
      "volume_total_usd": 0,
      "settlement_style": "touch",
      "direction": null,
      "threshold": null,
      "question_id": "CMX-8D9A3B1415",
      "also_on": null,
      "tags": [
        "largest ipo cap"
      ],
      "eligibility_screens": null
    },
    {
      "market_id": "CM-MKT-45RTYTVFV6",
      "event_id": "CM-EVT-NRC039X6K7",
      "platform": "polymarket",
      "platform_market_id": "0x5ae5143f8f97500f25c17db57ca29b74c330a06b10cb4e02dbeecce680763899",
      "question": "Will Placeholder O have the highest IPO Market Cap 2026?",
      "description": "This market will resolve to the company that achieves the highest market capitalization in U.S. dollars based on the official closing price on its first trading day in 2026.\n\nThis market will resolve to a company that completes an Initial Public Offering (IPO) between January 1 and December 31, 2026, 11:59 PM ET.\n\nMarket capitalization is defined as the total number of outstanding shares multiplied by the closing share price on the first trading day.\n\nIf two or more companies have exactly equal highest closing market capitalizations, this market will resolve to the company whose listed name co",
      "contract_type": "binary",
      "settlement_currency": "USDC",
      "underlying_reference": "Placeholder O: The listed company completing an IPO between January 1 and December 31, 2026 with the highest market capitalization on its first trading day, calculated as outstanding shares multiplied by closing price, resolves the outcome.",
      "close_at": "2026-12-31T00:00:00Z",
      "resolve_at": "2026-12-31T00:00:00Z",
      "status": "closed",
      "resolution": {
        "rules_raw": "This market will resolve to the company that achieves the highest market capitalization in U.S. dollars based on the official closing price on its first trading day in 2026.\n\nThis market will resolve to a company that completes an Initial Public Offering (IPO) between January 1 and December 31, 2026, 11:59 PM ET.\n\nMarket capitalization is defined as the total number of outstanding shares multiplied by the closing share price on the first trading day.\n\nIf two or more companies have exactly equal highest closing market capitalizations, this market will resolve to the company whose listed name comes first alphabetically.\n\nResolution will be based on the primary exchange’s official listing page. In the event that the relevant figure is not displayed, another reliable source will be used.\n\nIn case the respective company's primary exchange’s official listing page does not report in U.S. dollars, it will be converted to U.S. dollars using the U.S. Federal Reserve Board’s H.10 foreign exchange reference rate for the relevant currency pair on the company’s first trading day (https://www.federalreserve.gov/releases/h10/). If no such rate is available for the relevant trading day, the most recent previously published rate will be used. If the relevant currency is not listed, another credible exchange rate source will be used.\n\nA listed company may resolve to \"No\" as soon as it becomes unable to complete an IPO, including due to acquisition, merger, or absorption by an entity that is already publicly traded.\n\nIn the event of an interruption in the course of the normal trading session on the respective companies’ first day of trading (e.g., a circuit breaker or half-day), the market will resolve according to the official closing price of the abbreviated session. If no such official closing price is published, the market will resolve according to the next trading day on which an official closing price is published, treating that as the first day of trading for purposes of this market.",
        "arbitration_model": "uma_oracle",
        "proposer": "managed_whitelist",
        "source": null,
        "source_status": "platform_named",
        "source_citation": "https://www.federalreserve.gov/releases/h10/",
        "sources": [
          {
            "name": "federalreserve.gov",
            "url": "https://www.federalreserve.gov/releases/h10/",
            "provenance": "platform_api"
          }
        ],
        "source_of_record": null,
        "source_mechanism": "precedence",
        "source_type": null,
        "source_quality": null,
        "source_commitment": "named",
        "source_commitment_subtype": "named",
        "source_hedge_text": null
      },
      "rcg": {
        "grade": "A",
        "score": 92,
        "caps": [],
        "applied_factors": 7
      },
      "last_price": 0,
      "implied_probability": 0,
      "volume_24h_usd": 0,
      "volume_total_usd": 0,
      "settlement_style": "touch",
      "direction": null,
      "threshold": null,
      "question_id": "CMX-E64D05F505",
      "also_on": null,
      "tags": [
        "largest ipo cap"
      ],
      "eligibility_screens": null
    },
    {
      "market_id": "CM-MKT-F6G7QRRK38",
      "event_id": "CM-EVT-NRC039X6K7",
      "platform": "polymarket",
      "platform_market_id": "0x38ae92ef5204384155d6463aeb97d71797642af88043046caf910ce34d4b2972",
      "question": "Will Placeholder Q have the highest IPO Market Cap 2026?",
      "description": "This market will resolve to the company that achieves the highest market capitalization in U.S. dollars based on the official closing price on its first trading day in 2026.\n\nThis market will resolve to a company that completes an Initial Public Offering (IPO) between January 1 and December 31, 2026, 11:59 PM ET.\n\nMarket capitalization is defined as the total number of outstanding shares multiplied by the closing share price on the first trading day.\n\nIf two or more companies have exactly equal highest closing market capitalizations, this market will resolve to the company whose listed name co",
      "contract_type": "binary",
      "settlement_currency": "USDC",
      "underlying_reference": "Placeholder Q: The listed company completing an IPO between January 1 and December 31, 2026 with the highest market capitalization on its first trading day, calculated as outstanding shares multiplied by closing price, resolves the outcome.",
      "close_at": "2026-12-31T00:00:00Z",
      "resolve_at": "2026-12-31T00:00:00Z",
      "status": "closed",
      "resolution": {
        "rules_raw": "This market will resolve to the company that achieves the highest market capitalization in U.S. dollars based on the official closing price on its first trading day in 2026.\n\nThis market will resolve to a company that completes an Initial Public Offering (IPO) between January 1 and December 31, 2026, 11:59 PM ET.\n\nMarket capitalization is defined as the total number of outstanding shares multiplied by the closing share price on the first trading day.\n\nIf two or more companies have exactly equal highest closing market capitalizations, this market will resolve to the company whose listed name comes first alphabetically.\n\nResolution will be based on the primary exchange’s official listing page. In the event that the relevant figure is not displayed, another reliable source will be used.\n\nIn case the respective company's primary exchange’s official listing page does not report in U.S. dollars, it will be converted to U.S. dollars using the U.S. Federal Reserve Board’s H.10 foreign exchange reference rate for the relevant currency pair on the company’s first trading day (https://www.federalreserve.gov/releases/h10/). If no such rate is available for the relevant trading day, the most recent previously published rate will be used. If the relevant currency is not listed, another credible exchange rate source will be used.\n\nA listed company may resolve to \"No\" as soon as it becomes unable to complete an IPO, including due to acquisition, merger, or absorption by an entity that is already publicly traded.\n\nIn the event of an interruption in the course of the normal trading session on the respective companies’ first day of trading (e.g., a circuit breaker or half-day), the market will resolve according to the official closing price of the abbreviated session. If no such official closing price is published, the market will resolve according to the next trading day on which an official closing price is published, treating that as the first day of trading for purposes of this market.",
        "arbitration_model": "uma_oracle",
        "proposer": "managed_whitelist",
        "source": null,
        "source_status": "platform_named",
        "source_citation": "https://www.federalreserve.gov/releases/h10/",
        "sources": [
          {
            "name": "federalreserve.gov",
            "url": "https://www.federalreserve.gov/releases/h10/",
            "provenance": "platform_api"
          }
        ],
        "source_of_record": null,
        "source_mechanism": "precedence",
        "source_type": null,
        "source_quality": null,
        "source_commitment": "named",
        "source_commitment_subtype": "named",
        "source_hedge_text": null
      },
      "rcg": {
        "grade": "A",
        "score": 92,
        "caps": [],
        "applied_factors": 7
      },
      "last_price": 0,
      "implied_probability": 0,
      "volume_24h_usd": 0,
      "volume_total_usd": 0,
      "settlement_style": "touch",
      "direction": null,
      "threshold": null,
      "question_id": "CMX-63BB101389",
      "also_on": null,
      "tags": [
        "largest ipo cap"
      ],
      "eligibility_screens": null
    },
    {
      "market_id": "CM-MKT-NYCVTLSN69",
      "event_id": "CM-EVT-NRC039X6K7",
      "platform": "polymarket",
      "platform_market_id": "0x7eb7b64f0923d863a8d258449cfb429682bf7651ec36a9baac255f9d3d1d5507",
      "question": "Will Placeholder S have the highest IPO Market Cap 2026?",
      "description": "This market will resolve to the company that achieves the highest market capitalization in U.S. dollars based on the official closing price on its first trading day in 2026.\n\nThis market will resolve to a company that completes an Initial Public Offering (IPO) between January 1 and December 31, 2026, 11:59 PM ET.\n\nMarket capitalization is defined as the total number of outstanding shares multiplied by the closing share price on the first trading day.\n\nIf two or more companies have exactly equal highest closing market capitalizations, this market will resolve to the company whose listed name co",
      "contract_type": "binary",
      "settlement_currency": "USDC",
      "underlying_reference": "Placeholder S: The listed company completing an IPO between January 1 and December 31, 2026 with the highest market capitalization on its first trading day, calculated as outstanding shares multiplied by closing price, resolves the outcome.",
      "close_at": "2026-12-31T00:00:00Z",
      "resolve_at": "2026-12-31T00:00:00Z",
      "status": "closed",
      "resolution": {
        "rules_raw": "This market will resolve to the company that achieves the highest market capitalization in U.S. dollars based on the official closing price on its first trading day in 2026.\n\nThis market will resolve to a company that completes an Initial Public Offering (IPO) between January 1 and December 31, 2026, 11:59 PM ET.\n\nMarket capitalization is defined as the total number of outstanding shares multiplied by the closing share price on the first trading day.\n\nIf two or more companies have exactly equal highest closing market capitalizations, this market will resolve to the company whose listed name comes first alphabetically.\n\nResolution will be based on the primary exchange’s official listing page. In the event that the relevant figure is not displayed, another reliable source will be used.\n\nIn case the respective company's primary exchange’s official listing page does not report in U.S. dollars, it will be converted to U.S. dollars using the U.S. Federal Reserve Board’s H.10 foreign exchange reference rate for the relevant currency pair on the company’s first trading day (https://www.federalreserve.gov/releases/h10/). If no such rate is available for the relevant trading day, the most recent previously published rate will be used. If the relevant currency is not listed, another credible exchange rate source will be used.\n\nA listed company may resolve to \"No\" as soon as it becomes unable to complete an IPO, including due to acquisition, merger, or absorption by an entity that is already publicly traded.\n\nIn the event of an interruption in the course of the normal trading session on the respective companies’ first day of trading (e.g., a circuit breaker or half-day), the market will resolve according to the official closing price of the abbreviated session. If no such official closing price is published, the market will resolve according to the next trading day on which an official closing price is published, treating that as the first day of trading for purposes of this market.",
        "arbitration_model": "uma_oracle",
        "proposer": "managed_whitelist",
        "source": null,
        "source_status": "platform_named",
        "source_citation": "https://www.federalreserve.gov/releases/h10/",
        "sources": [
          {
            "name": "federalreserve.gov",
            "url": "https://www.federalreserve.gov/releases/h10/",
            "provenance": "platform_api"
          }
        ],
        "source_of_record": null,
        "source_mechanism": "precedence",
        "source_type": null,
        "source_quality": null,
        "source_commitment": "named",
        "source_commitment_subtype": "named",
        "source_hedge_text": null
      },
      "rcg": {
        "grade": "A",
        "score": 92,
        "caps": [],
        "applied_factors": 7
      },
      "last_price": 0,
      "implied_probability": 0,
      "volume_24h_usd": 0,
      "volume_total_usd": 0,
      "settlement_style": "touch",
      "direction": null,
      "threshold": null,
      "question_id": "CMX-F80A1F4E3C",
      "also_on": null,
      "tags": [
        "largest ipo cap"
      ],
      "eligibility_screens": null
    },
    {
      "market_id": "CM-MKT-19289SBSR0",
      "event_id": "CM-EVT-NRC039X6K7",
      "platform": "polymarket",
      "platform_market_id": "0xd8e3f4f8e0d7d8b531a5c0eb501389faa9a377d8c08857c8dc9f6226319f88ee",
      "question": "Will Placeholder AA have the highest IPO Market Cap 2026?",
      "description": "This market will resolve to the company that achieves the highest market capitalization in U.S. dollars based on the official closing price on its first trading day in 2026.\n\nThis market will resolve to a company that completes an Initial Public Offering (IPO) between January 1 and December 31, 2026, 11:59 PM ET.\n\nMarket capitalization is defined as the total number of outstanding shares multiplied by the closing share price on the first trading day.\n\nIf two or more companies have exactly equal highest closing market capitalizations, this market will resolve to the company whose listed name co",
      "contract_type": "binary",
      "settlement_currency": "USDC",
      "underlying_reference": "Placeholder AA: The listed company completing an IPO between January 1 and December 31, 2026 with the highest market capitalization on its first trading day, calculated as outstanding shares multiplied by closing price, resolves the outcome.",
      "close_at": "2026-12-31T00:00:00Z",
      "resolve_at": "2026-12-31T00:00:00Z",
      "status": "closed",
      "resolution": {
        "rules_raw": "This market will resolve to the company that achieves the highest market capitalization in U.S. dollars based on the official closing price on its first trading day in 2026.\n\nThis market will resolve to a company that completes an Initial Public Offering (IPO) between January 1 and December 31, 2026, 11:59 PM ET.\n\nMarket capitalization is defined as the total number of outstanding shares multiplied by the closing share price on the first trading day.\n\nIf two or more companies have exactly equal highest closing market capitalizations, this market will resolve to the company whose listed name comes first alphabetically.\n\nResolution will be based on the primary exchange’s official listing page. In the event that the relevant figure is not displayed, another reliable source will be used.\n\nIn case the respective company's primary exchange’s official listing page does not report in U.S. dollars, it will be converted to U.S. dollars using the U.S. Federal Reserve Board’s H.10 foreign exchange reference rate for the relevant currency pair on the company’s first trading day (https://www.federalreserve.gov/releases/h10/). If no such rate is available for the relevant trading day, the most recent previously published rate will be used. If the relevant currency is not listed, another credible exchange rate source will be used.\n\nA listed company may resolve to \"No\" as soon as it becomes unable to complete an IPO, including due to acquisition, merger, or absorption by an entity that is already publicly traded.\n\nIn the event of an interruption in the course of the normal trading session on the respective companies’ first day of trading (e.g., a circuit breaker or half-day), the market will resolve according to the official closing price of the abbreviated session. If no such official closing price is published, the market will resolve according to the next trading day on which an official closing price is published, treating that as the first day of trading for purposes of this market.",
        "arbitration_model": "uma_oracle",
        "proposer": "managed_whitelist",
        "source": null,
        "source_status": "platform_named",
        "source_citation": "https://www.federalreserve.gov/releases/h10/",
        "sources": [
          {
            "name": "federalreserve.gov",
            "url": "https://www.federalreserve.gov/releases/h10/",
            "provenance": "platform_api"
          }
        ],
        "source_of_record": null,
        "source_mechanism": "precedence",
        "source_type": null,
        "source_quality": null,
        "source_commitment": "named",
        "source_commitment_subtype": "named",
        "source_hedge_text": null
      },
      "rcg": {
        "grade": "A",
        "score": 92,
        "caps": [],
        "applied_factors": 7
      },
      "last_price": 0,
      "implied_probability": 0,
      "volume_24h_usd": 0,
      "volume_total_usd": 0,
      "settlement_style": "touch",
      "direction": null,
      "threshold": null,
      "question_id": "CMX-AEC0ABF21D",
      "also_on": null,
      "tags": [
        "largest ipo cap"
      ],
      "eligibility_screens": null
    },
    {
      "market_id": "CM-MKT-GK3X2B47C6",
      "event_id": "CM-EVT-NRC039X6K7",
      "platform": "polymarket",
      "platform_market_id": "0xc6101b125fc227174f27c225e4b0f9fda0a9814a50efc1b41604d758de74e969",
      "question": "Will Placeholder AE have the highest IPO Market Cap 2026?",
      "description": "This market will resolve to the company that achieves the highest market capitalization in U.S. dollars based on the official closing price on its first trading day in 2026.\n\nThis market will resolve to a company that completes an Initial Public Offering (IPO) between January 1 and December 31, 2026, 11:59 PM ET.\n\nMarket capitalization is defined as the total number of outstanding shares multiplied by the closing share price on the first trading day.\n\nIf two or more companies have exactly equal highest closing market capitalizations, this market will resolve to the company whose listed name co",
      "contract_type": "binary",
      "settlement_currency": "USDC",
      "underlying_reference": "Placeholder AE: The listed company completing an IPO between January 1 and December 31, 2026 with the highest market capitalization on its first trading day, calculated as outstanding shares multiplied by closing price, resolves the outcome.",
      "close_at": "2026-12-31T00:00:00Z",
      "resolve_at": "2026-12-31T00:00:00Z",
      "status": "closed",
      "resolution": {
        "rules_raw": "This market will resolve to the company that achieves the highest market capitalization in U.S. dollars based on the official closing price on its first trading day in 2026.\n\nThis market will resolve to a company that completes an Initial Public Offering (IPO) between January 1 and December 31, 2026, 11:59 PM ET.\n\nMarket capitalization is defined as the total number of outstanding shares multiplied by the closing share price on the first trading day.\n\nIf two or more companies have exactly equal highest closing market capitalizations, this market will resolve to the company whose listed name comes first alphabetically.\n\nResolution will be based on the primary exchange’s official listing page. In the event that the relevant figure is not displayed, another reliable source will be used.\n\nIn case the respective company's primary exchange’s official listing page does not report in U.S. dollars, it will be converted to U.S. dollars using the U.S. Federal Reserve Board’s H.10 foreign exchange reference rate for the relevant currency pair on the company’s first trading day (https://www.federalreserve.gov/releases/h10/). If no such rate is available for the relevant trading day, the most recent previously published rate will be used. If the relevant currency is not listed, another credible exchange rate source will be used.\n\nA listed company may resolve to \"No\" as soon as it becomes unable to complete an IPO, including due to acquisition, merger, or absorption by an entity that is already publicly traded.\n\nIn the event of an interruption in the course of the normal trading session on the respective companies’ first day of trading (e.g., a circuit breaker or half-day), the market will resolve according to the official closing price of the abbreviated session. If no such official closing price is published, the market will resolve according to the next trading day on which an official closing price is published, treating that as the first day of trading for purposes of this market.",
        "arbitration_model": "uma_oracle",
        "proposer": "managed_whitelist",
        "source": null,
        "source_status": "platform_named",
        "source_citation": "https://www.federalreserve.gov/releases/h10/",
        "sources": [
          {
            "name": "federalreserve.gov",
            "url": "https://www.federalreserve.gov/releases/h10/",
            "provenance": "platform_api"
          }
        ],
        "source_of_record": null,
        "source_mechanism": "precedence",
        "source_type": null,
        "source_quality": null,
        "source_commitment": "named",
        "source_commitment_subtype": "named",
        "source_hedge_text": null
      },
      "rcg": {
        "grade": "A",
        "score": 92,
        "caps": [],
        "applied_factors": 7
      },
      "last_price": 0,
      "implied_probability": 0,
      "volume_24h_usd": 0,
      "volume_total_usd": 0,
      "settlement_style": "touch",
      "direction": null,
      "threshold": null,
      "question_id": "CMX-B5C1C29ADF",
      "also_on": null,
      "tags": [
        "largest ipo cap"
      ],
      "eligibility_screens": null
    },
    {
      "market_id": "CM-MKT-CFRNFVTZ90",
      "event_id": "CM-EVT-NRC039X6K7",
      "platform": "polymarket",
      "platform_market_id": "0x5cd4e19a9105cec63667078899f8de055bf6b45029eb9d4c14e9d3f3c8ec36dd",
      "question": "Will Placeholder AG have the highest IPO Market Cap 2026?",
      "description": "This market will resolve to the company that achieves the highest market capitalization in U.S. dollars based on the official closing price on its first trading day in 2026.\n\nThis market will resolve to a company that completes an Initial Public Offering (IPO) between January 1 and December 31, 2026, 11:59 PM ET.\n\nMarket capitalization is defined as the total number of outstanding shares multiplied by the closing share price on the first trading day.\n\nIf two or more companies have exactly equal highest closing market capitalizations, this market will resolve to the company whose listed name co",
      "contract_type": "binary",
      "settlement_currency": "USDC",
      "underlying_reference": "Placeholder AG: The listed company completing an IPO between January 1 and December 31, 2026 with the highest market capitalization on its first trading day, calculated as outstanding shares multiplied by closing price, resolves the outcome.",
      "close_at": "2026-12-31T00:00:00Z",
      "resolve_at": "2026-12-31T00:00:00Z",
      "status": "closed",
      "resolution": {
        "rules_raw": "This market will resolve to the company that achieves the highest market capitalization in U.S. dollars based on the official closing price on its first trading day in 2026.\n\nThis market will resolve to a company that completes an Initial Public Offering (IPO) between January 1 and December 31, 2026, 11:59 PM ET.\n\nMarket capitalization is defined as the total number of outstanding shares multiplied by the closing share price on the first trading day.\n\nIf two or more companies have exactly equal highest closing market capitalizations, this market will resolve to the company whose listed name comes first alphabetically.\n\nResolution will be based on the primary exchange’s official listing page. In the event that the relevant figure is not displayed, another reliable source will be used.\n\nIn case the respective company's primary exchange’s official listing page does not report in U.S. dollars, it will be converted to U.S. dollars using the U.S. Federal Reserve Board’s H.10 foreign exchange reference rate for the relevant currency pair on the company’s first trading day (https://www.federalreserve.gov/releases/h10/). If no such rate is available for the relevant trading day, the most recent previously published rate will be used. If the relevant currency is not listed, another credible exchange rate source will be used.\n\nA listed company may resolve to \"No\" as soon as it becomes unable to complete an IPO, including due to acquisition, merger, or absorption by an entity that is already publicly traded.\n\nIn the event of an interruption in the course of the normal trading session on the respective companies’ first day of trading (e.g., a circuit breaker or half-day), the market will resolve according to the official closing price of the abbreviated session. If no such official closing price is published, the market will resolve according to the next trading day on which an official closing price is published, treating that as the first day of trading for purposes of this market.",
        "arbitration_model": "uma_oracle",
        "proposer": "managed_whitelist",
        "source": null,
        "source_status": "platform_named",
        "source_citation": "https://www.federalreserve.gov/releases/h10/",
        "sources": [
          {
            "name": "federalreserve.gov",
            "url": "https://www.federalreserve.gov/releases/h10/",
            "provenance": "platform_api"
          }
        ],
        "source_of_record": null,
        "source_mechanism": "precedence",
        "source_type": null,
        "source_quality": null,
        "source_commitment": "named",
        "source_commitment_subtype": "named",
        "source_hedge_text": null
      },
      "rcg": {
        "grade": "A",
        "score": 92,
        "caps": [],
        "applied_factors": 7
      },
      "last_price": 0,
      "implied_probability": 0,
      "volume_24h_usd": 0,
      "volume_total_usd": 0,
      "settlement_style": "touch",
      "direction": null,
      "threshold": null,
      "question_id": "CMX-EE00B59C2E",
      "also_on": null,
      "tags": [
        "largest ipo cap"
      ],
      "eligibility_screens": null
    },
    {
      "market_id": "CM-MKT-391RCV9YL9",
      "event_id": "CM-EVT-NRC039X6K7",
      "platform": "polymarket",
      "platform_market_id": "0xe51c41c80109fa80c21481fe6d58ca5dcca891133a65e61564c8bfbc5b184b23",
      "question": "Will Placeholder AN have the highest IPO Market Cap 2026?",
      "description": "This market will resolve to the company that achieves the highest market capitalization in U.S. dollars based on the official closing price on its first trading day in 2026.\n\nThis market will resolve to a company that completes an Initial Public Offering (IPO) between January 1 and December 31, 2026, 11:59 PM ET.\n\nMarket capitalization is defined as the total number of outstanding shares multiplied by the closing share price on the first trading day.\n\nIf two or more companies have exactly equal highest closing market capitalizations, this market will resolve to the company whose listed name co",
      "contract_type": "binary",
      "settlement_currency": "USDC",
      "underlying_reference": "Placeholder AN: The listed company completing an IPO between January 1 and December 31, 2026 with the highest market capitalization on its first trading day, calculated as outstanding shares multiplied by closing price, resolves the outcome.",
      "close_at": "2026-12-31T00:00:00Z",
      "resolve_at": "2026-12-31T00:00:00Z",
      "status": "closed",
      "resolution": {
        "rules_raw": "This market will resolve to the company that achieves the highest market capitalization in U.S. dollars based on the official closing price on its first trading day in 2026.\n\nThis market will resolve to a company that completes an Initial Public Offering (IPO) between January 1 and December 31, 2026, 11:59 PM ET.\n\nMarket capitalization is defined as the total number of outstanding shares multiplied by the closing share price on the first trading day.\n\nIf two or more companies have exactly equal highest closing market capitalizations, this market will resolve to the company whose listed name comes first alphabetically.\n\nResolution will be based on the primary exchange’s official listing page. In the event that the relevant figure is not displayed, another reliable source will be used.\n\nIn case the respective company's primary exchange’s official listing page does not report in U.S. dollars, it will be converted to U.S. dollars using the U.S. Federal Reserve Board’s H.10 foreign exchange reference rate for the relevant currency pair on the company’s first trading day (https://www.federalreserve.gov/releases/h10/). If no such rate is available for the relevant trading day, the most recent previously published rate will be used. If the relevant currency is not listed, another credible exchange rate source will be used.\n\nA listed company may resolve to \"No\" as soon as it becomes unable to complete an IPO, including due to acquisition, merger, or absorption by an entity that is already publicly traded.\n\nIn the event of an interruption in the course of the normal trading session on the respective companies’ first day of trading (e.g., a circuit breaker or half-day), the market will resolve according to the official closing price of the abbreviated session. If no such official closing price is published, the market will resolve according to the next trading day on which an official closing price is published, treating that as the first day of trading for purposes of this market.",
        "arbitration_model": "uma_oracle",
        "proposer": "managed_whitelist",
        "source": null,
        "source_status": "platform_named",
        "source_citation": "https://www.federalreserve.gov/releases/h10/",
        "sources": [
          {
            "name": "federalreserve.gov",
            "url": "https://www.federalreserve.gov/releases/h10/",
            "provenance": "platform_api"
          }
        ],
        "source_of_record": null,
        "source_mechanism": "precedence",
        "source_type": null,
        "source_quality": null,
        "source_commitment": "named",
        "source_commitment_subtype": "named",
        "source_hedge_text": null
      },
      "rcg": {
        "grade": "A",
        "score": 92,
        "caps": [],
        "applied_factors": 7
      },
      "last_price": 0,
      "implied_probability": 0,
      "volume_24h_usd": 0,
      "volume_total_usd": 0,
      "settlement_style": "touch",
      "direction": null,
      "threshold": null,
      "question_id": "CMX-A5762316B8",
      "also_on": null,
      "tags": [
        "largest ipo cap"
      ],
      "eligibility_screens": null
    },
    {
      "market_id": "CM-MKT-YD0S4YY8S9",
      "event_id": "CM-EVT-NRC039X6K7",
      "platform": "polymarket",
      "platform_market_id": "0xc1006c25d274f97374881278ae4f951474b9d36c513503c4817b2c6ef10b76ba",
      "question": "Will Placeholder AQ have the highest IPO Market Cap 2026?",
      "description": "This market will resolve to the company that achieves the highest market capitalization in U.S. dollars based on the official closing price on its first trading day in 2026.\n\nThis market will resolve to a company that completes an Initial Public Offering (IPO) between January 1 and December 31, 2026, 11:59 PM ET.\n\nMarket capitalization is defined as the total number of outstanding shares multiplied by the closing share price on the first trading day.\n\nIf two or more companies have exactly equal highest closing market capitalizations, this market will resolve to the company whose listed name co",
      "contract_type": "binary",
      "settlement_currency": "USDC",
      "underlying_reference": "Placeholder AQ: The listed company completing an IPO between January 1 and December 31, 2026 with the highest market capitalization on its first trading day, calculated as outstanding shares multiplied by closing price, resolves the outcome.",
      "close_at": "2026-12-31T00:00:00Z",
      "resolve_at": "2026-12-31T00:00:00Z",
      "status": "closed",
      "resolution": {
        "rules_raw": "This market will resolve to the company that achieves the highest market capitalization in U.S. dollars based on the official closing price on its first trading day in 2026.\n\nThis market will resolve to a company that completes an Initial Public Offering (IPO) between January 1 and December 31, 2026, 11:59 PM ET.\n\nMarket capitalization is defined as the total number of outstanding shares multiplied by the closing share price on the first trading day.\n\nIf two or more companies have exactly equal highest closing market capitalizations, this market will resolve to the company whose listed name comes first alphabetically.\n\nResolution will be based on the primary exchange’s official listing page. In the event that the relevant figure is not displayed, another reliable source will be used.\n\nIn case the respective company's primary exchange’s official listing page does not report in U.S. dollars, it will be converted to U.S. dollars using the U.S. Federal Reserve Board’s H.10 foreign exchange reference rate for the relevant currency pair on the company’s first trading day (https://www.federalreserve.gov/releases/h10/). If no such rate is available for the relevant trading day, the most recent previously published rate will be used. If the relevant currency is not listed, another credible exchange rate source will be used.\n\nA listed company may resolve to \"No\" as soon as it becomes unable to complete an IPO, including due to acquisition, merger, or absorption by an entity that is already publicly traded.\n\nIn the event of an interruption in the course of the normal trading session on the respective companies’ first day of trading (e.g., a circuit breaker or half-day), the market will resolve according to the official closing price of the abbreviated session. If no such official closing price is published, the market will resolve according to the next trading day on which an official closing price is published, treating that as the first day of trading for purposes of this market.",
        "arbitration_model": "uma_oracle",
        "proposer": "managed_whitelist",
        "source": null,
        "source_status": "platform_named",
        "source_citation": "https://www.federalreserve.gov/releases/h10/",
        "sources": [
          {
            "name": "federalreserve.gov",
            "url": "https://www.federalreserve.gov/releases/h10/",
            "provenance": "platform_api"
          }
        ],
        "source_of_record": null,
        "source_mechanism": "precedence",
        "source_type": null,
        "source_quality": null,
        "source_commitment": "named",
        "source_commitment_subtype": "named",
        "source_hedge_text": null
      },
      "rcg": {
        "grade": "A",
        "score": 92,
        "caps": [],
        "applied_factors": 7
      },
      "last_price": 0,
      "implied_probability": 0,
      "volume_24h_usd": 0,
      "volume_total_usd": 0,
      "settlement_style": "touch",
      "direction": null,
      "threshold": null,
      "question_id": "CMX-C73058492C",
      "also_on": null,
      "tags": [
        "largest ipo cap"
      ],
      "eligibility_screens": null
    },
    {
      "market_id": "CM-MKT-5F43YQ5KQ0",
      "event_id": "CM-EVT-NRC039X6K7",
      "platform": "polymarket",
      "platform_market_id": "0x4d9aee33dab24c1b01af860d72596201175dbc7ca8c17be416ec172b26b581b7",
      "question": "Will Placeholder AT have the highest IPO Market Cap 2026?",
      "description": "This market will resolve to the company that achieves the highest market capitalization in U.S. dollars based on the official closing price on its first trading day in 2026.\n\nThis market will resolve to a company that completes an Initial Public Offering (IPO) between January 1 and December 31, 2026, 11:59 PM ET.\n\nMarket capitalization is defined as the total number of outstanding shares multiplied by the closing share price on the first trading day.\n\nIf two or more companies have exactly equal highest closing market capitalizations, this market will resolve to the company whose listed name co",
      "contract_type": "binary",
      "settlement_currency": "USDC",
      "underlying_reference": "Placeholder AT: The listed company completing an IPO between January 1 and December 31, 2026 with the highest market capitalization on its first trading day, calculated as outstanding shares multiplied by closing price, resolves the outcome.",
      "close_at": "2026-12-31T00:00:00Z",
      "resolve_at": "2026-12-31T00:00:00Z",
      "status": "closed",
      "resolution": {
        "rules_raw": "This market will resolve to the company that achieves the highest market capitalization in U.S. dollars based on the official closing price on its first trading day in 2026.\n\nThis market will resolve to a company that completes an Initial Public Offering (IPO) between January 1 and December 31, 2026, 11:59 PM ET.\n\nMarket capitalization is defined as the total number of outstanding shares multiplied by the closing share price on the first trading day.\n\nIf two or more companies have exactly equal highest closing market capitalizations, this market will resolve to the company whose listed name comes first alphabetically.\n\nResolution will be based on the primary exchange’s official listing page. In the event that the relevant figure is not displayed, another reliable source will be used.\n\nIn case the respective company's primary exchange’s official listing page does not report in U.S. dollars, it will be converted to U.S. dollars using the U.S. Federal Reserve Board’s H.10 foreign exchange reference rate for the relevant currency pair on the company’s first trading day (https://www.federalreserve.gov/releases/h10/). If no such rate is available for the relevant trading day, the most recent previously published rate will be used. If the relevant currency is not listed, another credible exchange rate source will be used.\n\nA listed company may resolve to \"No\" as soon as it becomes unable to complete an IPO, including due to acquisition, merger, or absorption by an entity that is already publicly traded.\n\nIn the event of an interruption in the course of the normal trading session on the respective companies’ first day of trading (e.g., a circuit breaker or half-day), the market will resolve according to the official closing price of the abbreviated session. If no such official closing price is published, the market will resolve according to the next trading day on which an official closing price is published, treating that as the first day of trading for purposes of this market.",
        "arbitration_model": "uma_oracle",
        "proposer": "managed_whitelist",
        "source": null,
        "source_status": "platform_named",
        "source_citation": "https://www.federalreserve.gov/releases/h10/",
        "sources": [
          {
            "name": "federalreserve.gov",
            "url": "https://www.federalreserve.gov/releases/h10/",
            "provenance": "platform_api"
          }
        ],
        "source_of_record": null,
        "source_mechanism": "precedence",
        "source_type": null,
        "source_quality": null,
        "source_commitment": "named",
        "source_commitment_subtype": "named",
        "source_hedge_text": null
      },
      "rcg": {
        "grade": "A",
        "score": 92,
        "caps": [],
        "applied_factors": 7
      },
      "last_price": 0,
      "implied_probability": 0,
      "volume_24h_usd": 0,
      "volume_total_usd": 0,
      "settlement_style": "touch",
      "direction": null,
      "threshold": null,
      "question_id": "CMX-1CEF146115",
      "also_on": null,
      "tags": [
        "largest ipo cap"
      ],
      "eligibility_screens": null
    },
    {
      "market_id": "CM-MKT-2Y0WJZKM33",
      "event_id": "CM-EVT-NRC039X6K7",
      "platform": "polymarket",
      "platform_market_id": "0x424f9030557cc6b6977dcd2c91c1e8ff78ba7f2c9919d664e293bb653ebe00c0",
      "question": "Will Placeholder AV have the highest IPO Market Cap 2026?",
      "description": "This market will resolve to the company that achieves the highest market capitalization in U.S. dollars based on the official closing price on its first trading day in 2026.\n\nThis market will resolve to a company that completes an Initial Public Offering (IPO) between January 1 and December 31, 2026, 11:59 PM ET.\n\nMarket capitalization is defined as the total number of outstanding shares multiplied by the closing share price on the first trading day.\n\nIf two or more companies have exactly equal highest closing market capitalizations, this market will resolve to the company whose listed name co",
      "contract_type": "binary",
      "settlement_currency": "USDC",
      "underlying_reference": "Placeholder AV: The listed company completing an IPO between January 1 and December 31, 2026 with the highest market capitalization on its first trading day, calculated as outstanding shares multiplied by closing price, resolves the outcome.",
      "close_at": "2026-12-31T00:00:00Z",
      "resolve_at": "2026-12-31T00:00:00Z",
      "status": "closed",
      "resolution": {
        "rules_raw": "This market will resolve to the company that achieves the highest market capitalization in U.S. dollars based on the official closing price on its first trading day in 2026.\n\nThis market will resolve to a company that completes an Initial Public Offering (IPO) between January 1 and December 31, 2026, 11:59 PM ET.\n\nMarket capitalization is defined as the total number of outstanding shares multiplied by the closing share price on the first trading day.\n\nIf two or more companies have exactly equal highest closing market capitalizations, this market will resolve to the company whose listed name comes first alphabetically.\n\nResolution will be based on the primary exchange’s official listing page. In the event that the relevant figure is not displayed, another reliable source will be used.\n\nIn case the respective company's primary exchange’s official listing page does not report in U.S. dollars, it will be converted to U.S. dollars using the U.S. Federal Reserve Board’s H.10 foreign exchange reference rate for the relevant currency pair on the company’s first trading day (https://www.federalreserve.gov/releases/h10/). If no such rate is available for the relevant trading day, the most recent previously published rate will be used. If the relevant currency is not listed, another credible exchange rate source will be used.\n\nA listed company may resolve to \"No\" as soon as it becomes unable to complete an IPO, including due to acquisition, merger, or absorption by an entity that is already publicly traded.\n\nIn the event of an interruption in the course of the normal trading session on the respective companies’ first day of trading (e.g., a circuit breaker or half-day), the market will resolve according to the official closing price of the abbreviated session. If no such official closing price is published, the market will resolve according to the next trading day on which an official closing price is published, treating that as the first day of trading for purposes of this market.",
        "arbitration_model": "uma_oracle",
        "proposer": "managed_whitelist",
        "source": null,
        "source_status": "platform_named",
        "source_citation": "https://www.federalreserve.gov/releases/h10/",
        "sources": [
          {
            "name": "federalreserve.gov",
            "url": "https://www.federalreserve.gov/releases/h10/",
            "provenance": "platform_api"
          }
        ],
        "source_of_record": null,
        "source_mechanism": "precedence",
        "source_type": null,
        "source_quality": null,
        "source_commitment": "named",
        "source_commitment_subtype": "named",
        "source_hedge_text": null
      },
      "rcg": {
        "grade": "A",
        "score": 92,
        "caps": [],
        "applied_factors": 7
      },
      "last_price": 0,
      "implied_probability": 0,
      "volume_24h_usd": 0,
      "volume_total_usd": 0,
      "settlement_style": "touch",
      "direction": null,
      "threshold": null,
      "question_id": "CMX-A295239099",
      "also_on": null,
      "tags": [
        "largest ipo cap"
      ],
      "eligibility_screens": null
    },
    {
      "market_id": "CM-MKT-HD6W6JPQH0",
      "event_id": "CM-EVT-NRC039X6K7",
      "platform": "polymarket",
      "platform_market_id": "0x75a869969b733282dc21498bc8621989f2cad1c4f2f6e44fe01717e6ea2063c3",
      "question": "Will Placeholder AW have the highest IPO Market Cap 2026?",
      "description": "This market will resolve to the company that achieves the highest market capitalization in U.S. dollars based on the official closing price on its first trading day in 2026.\n\nThis market will resolve to a company that completes an Initial Public Offering (IPO) between January 1 and December 31, 2026, 11:59 PM ET.\n\nMarket capitalization is defined as the total number of outstanding shares multiplied by the closing share price on the first trading day.\n\nIf two or more companies have exactly equal highest closing market capitalizations, this market will resolve to the company whose listed name co",
      "contract_type": "binary",
      "settlement_currency": "USDC",
      "underlying_reference": "Placeholder AW: The listed company completing an IPO between January 1 and December 31, 2026 with the highest market capitalization on its first trading day, calculated as outstanding shares multiplied by closing price, resolves the outcome.",
      "close_at": "2026-12-31T00:00:00Z",
      "resolve_at": "2026-12-31T00:00:00Z",
      "status": "closed",
      "resolution": {
        "rules_raw": "This market will resolve to the company that achieves the highest market capitalization in U.S. dollars based on the official closing price on its first trading day in 2026.\n\nThis market will resolve to a company that completes an Initial Public Offering (IPO) between January 1 and December 31, 2026, 11:59 PM ET.\n\nMarket capitalization is defined as the total number of outstanding shares multiplied by the closing share price on the first trading day.\n\nIf two or more companies have exactly equal highest closing market capitalizations, this market will resolve to the company whose listed name comes first alphabetically.\n\nResolution will be based on the primary exchange’s official listing page. In the event that the relevant figure is not displayed, another reliable source will be used.\n\nIn case the respective company's primary exchange’s official listing page does not report in U.S. dollars, it will be converted to U.S. dollars using the U.S. Federal Reserve Board’s H.10 foreign exchange reference rate for the relevant currency pair on the company’s first trading day (https://www.federalreserve.gov/releases/h10/). If no such rate is available for the relevant trading day, the most recent previously published rate will be used. If the relevant currency is not listed, another credible exchange rate source will be used.\n\nA listed company may resolve to \"No\" as soon as it becomes unable to complete an IPO, including due to acquisition, merger, or absorption by an entity that is already publicly traded.\n\nIn the event of an interruption in the course of the normal trading session on the respective companies’ first day of trading (e.g., a circuit breaker or half-day), the market will resolve according to the official closing price of the abbreviated session. If no such official closing price is published, the market will resolve according to the next trading day on which an official closing price is published, treating that as the first day of trading for purposes of this market.",
        "arbitration_model": "uma_oracle",
        "proposer": "managed_whitelist",
        "source": null,
        "source_status": "platform_named",
        "source_citation": "https://www.federalreserve.gov/releases/h10/",
        "sources": [
          {
            "name": "federalreserve.gov",
            "url": "https://www.federalreserve.gov/releases/h10/",
            "provenance": "platform_api"
          }
        ],
        "source_of_record": null,
        "source_mechanism": "precedence",
        "source_type": null,
        "source_quality": null,
        "source_commitment": "named",
        "source_commitment_subtype": "named",
        "source_hedge_text": null
      },
      "rcg": {
        "grade": "A",
        "score": 92,
        "caps": [],
        "applied_factors": 7
      },
      "last_price": 0,
      "implied_probability": 0,
      "volume_24h_usd": 0,
      "volume_total_usd": 0,
      "settlement_style": "touch",
      "direction": null,
      "threshold": null,
      "question_id": "CMX-F1AB2B80F7",
      "also_on": null,
      "tags": [
        "largest ipo cap"
      ],
      "eligibility_screens": null
    },
    {
      "market_id": "CM-MKT-B8CN6D4R04",
      "event_id": "CM-EVT-NRC039X6K7",
      "platform": "polymarket",
      "platform_market_id": "0xde765f14456dd91e22816547f78d7ecb91796b378c77cb53a2dabd1391903e95",
      "question": "Will Placeholder BC have the highest IPO Market Cap 2026?",
      "description": "This market will resolve to the company that achieves the highest market capitalization in U.S. dollars based on the official closing price on its first trading day in 2026.\n\nThis market will resolve to a company that completes an Initial Public Offering (IPO) between January 1 and December 31, 2026, 11:59 PM ET.\n\nMarket capitalization is defined as the total number of outstanding shares multiplied by the closing share price on the first trading day.\n\nIf two or more companies have exactly equal highest closing market capitalizations, this market will resolve to the company whose listed name co",
      "contract_type": "binary",
      "settlement_currency": "USDC",
      "underlying_reference": "Placeholder BC: The listed company completing an IPO between January 1 and December 31, 2026 with the highest market capitalization on its first trading day, calculated as outstanding shares multiplied by closing price, resolves the outcome.",
      "close_at": "2026-12-31T00:00:00Z",
      "resolve_at": "2026-12-31T00:00:00Z",
      "status": "closed",
      "resolution": {
        "rules_raw": "This market will resolve to the company that achieves the highest market capitalization in U.S. dollars based on the official closing price on its first trading day in 2026.\n\nThis market will resolve to a company that completes an Initial Public Offering (IPO) between January 1 and December 31, 2026, 11:59 PM ET.\n\nMarket capitalization is defined as the total number of outstanding shares multiplied by the closing share price on the first trading day.\n\nIf two or more companies have exactly equal highest closing market capitalizations, this market will resolve to the company whose listed name comes first alphabetically.\n\nResolution will be based on the primary exchange’s official listing page. In the event that the relevant figure is not displayed, another reliable source will be used.\n\nIn case the respective company's primary exchange’s official listing page does not report in U.S. dollars, it will be converted to U.S. dollars using the U.S. Federal Reserve Board’s H.10 foreign exchange reference rate for the relevant currency pair on the company’s first trading day (https://www.federalreserve.gov/releases/h10/). If no such rate is available for the relevant trading day, the most recent previously published rate will be used. If the relevant currency is not listed, another credible exchange rate source will be used.\n\nA listed company may resolve to \"No\" as soon as it becomes unable to complete an IPO, including due to acquisition, merger, or absorption by an entity that is already publicly traded.\n\nIn the event of an interruption in the course of the normal trading session on the respective companies’ first day of trading (e.g., a circuit breaker or half-day), the market will resolve according to the official closing price of the abbreviated session. If no such official closing price is published, the market will resolve according to the next trading day on which an official closing price is published, treating that as the first day of trading for purposes of this market.",
        "arbitration_model": "uma_oracle",
        "proposer": "managed_whitelist",
        "source": null,
        "source_status": "platform_named",
        "source_citation": "https://www.federalreserve.gov/releases/h10/",
        "sources": [
          {
            "name": "federalreserve.gov",
            "url": "https://www.federalreserve.gov/releases/h10/",
            "provenance": "platform_api"
          }
        ],
        "source_of_record": null,
        "source_mechanism": "precedence",
        "source_type": null,
        "source_quality": null,
        "source_commitment": "named",
        "source_commitment_subtype": "named",
        "source_hedge_text": null
      },
      "rcg": {
        "grade": "A",
        "score": 92,
        "caps": [],
        "applied_factors": 7
      },
      "last_price": 0,
      "implied_probability": 0,
      "volume_24h_usd": 0,
      "volume_total_usd": 0,
      "settlement_style": "touch",
      "direction": null,
      "threshold": null,
      "question_id": "CMX-F5C92A1706",
      "also_on": null,
      "tags": [
        "largest ipo cap"
      ],
      "eligibility_screens": null
    },
    {
      "market_id": "CM-MKT-TNCKG7CGK6",
      "event_id": "CM-EVT-NRC039X6K7",
      "platform": "polymarket",
      "platform_market_id": "0xe28d6be516925ac25f218dbf5aad13476216e66baafce72c0a70017597e1b934",
      "question": "Will Placeholder BG have the highest IPO Market Cap 2026?",
      "description": "This market will resolve to the company that achieves the highest market capitalization in U.S. dollars based on the official closing price on its first trading day in 2026.\n\nThis market will resolve to a company that completes an Initial Public Offering (IPO) between January 1 and December 31, 2026, 11:59 PM ET.\n\nMarket capitalization is defined as the total number of outstanding shares multiplied by the closing share price on the first trading day.\n\nIf two or more companies have exactly equal highest closing market capitalizations, this market will resolve to the company whose listed name co",
      "contract_type": "binary",
      "settlement_currency": "USDC",
      "underlying_reference": "Placeholder BG: The listed company completing an IPO between January 1 and December 31, 2026 with the highest market capitalization on its first trading day, calculated as outstanding shares multiplied by closing price, resolves the outcome.",
      "close_at": "2026-12-31T00:00:00Z",
      "resolve_at": "2026-12-31T00:00:00Z",
      "status": "closed",
      "resolution": {
        "rules_raw": "This market will resolve to the company that achieves the highest market capitalization in U.S. dollars based on the official closing price on its first trading day in 2026.\n\nThis market will resolve to a company that completes an Initial Public Offering (IPO) between January 1 and December 31, 2026, 11:59 PM ET.\n\nMarket capitalization is defined as the total number of outstanding shares multiplied by the closing share price on the first trading day.\n\nIf two or more companies have exactly equal highest closing market capitalizations, this market will resolve to the company whose listed name comes first alphabetically.\n\nResolution will be based on the primary exchange’s official listing page. In the event that the relevant figure is not displayed, another reliable source will be used.\n\nIn case the respective company's primary exchange’s official listing page does not report in U.S. dollars, it will be converted to U.S. dollars using the U.S. Federal Reserve Board’s H.10 foreign exchange reference rate for the relevant currency pair on the company’s first trading day (https://www.federalreserve.gov/releases/h10/). If no such rate is available for the relevant trading day, the most recent previously published rate will be used. If the relevant currency is not listed, another credible exchange rate source will be used.\n\nA listed company may resolve to \"No\" as soon as it becomes unable to complete an IPO, including due to acquisition, merger, or absorption by an entity that is already publicly traded.\n\nIn the event of an interruption in the course of the normal trading session on the respective companies’ first day of trading (e.g., a circuit breaker or half-day), the market will resolve according to the official closing price of the abbreviated session. If no such official closing price is published, the market will resolve according to the next trading day on which an official closing price is published, treating that as the first day of trading for purposes of this market.",
        "arbitration_model": "uma_oracle",
        "proposer": "managed_whitelist",
        "source": null,
        "source_status": "platform_named",
        "source_citation": "https://www.federalreserve.gov/releases/h10/",
        "sources": [
          {
            "name": "federalreserve.gov",
            "url": "https://www.federalreserve.gov/releases/h10/",
            "provenance": "platform_api"
          }
        ],
        "source_of_record": null,
        "source_mechanism": "precedence",
        "source_type": null,
        "source_quality": null,
        "source_commitment": "named",
        "source_commitment_subtype": "named",
        "source_hedge_text": null
      },
      "rcg": {
        "grade": "A",
        "score": 92,
        "caps": [],
        "applied_factors": 7
      },
      "last_price": 0,
      "implied_probability": 0,
      "volume_24h_usd": 0,
      "volume_total_usd": 0,
      "settlement_style": "touch",
      "direction": null,
      "threshold": null,
      "question_id": "CMX-0D833C2475",
      "also_on": null,
      "tags": [
        "largest ipo cap"
      ],
      "eligibility_screens": null
    },
    {
      "market_id": "CM-MKT-5SCBPRW0V7",
      "event_id": "CM-EVT-NRC039X6K7",
      "platform": "polymarket",
      "platform_market_id": "0x0b755fb0a049c45843f1384e7467deb70d9c434c24cccb43811c7ca952a73637",
      "question": "Will Discord have the highest IPO Market Cap 2026?",
      "description": "This market will resolve to the company that achieves the highest market capitalization in U.S. dollars based on the official closing price on its first trading day in 2026.\n\nThis market will resolve to a company that completes an Initial Public Offering (IPO) between January 1 and December 31, 2026, 11:59 PM ET.\n\nMarket capitalization is defined as the total number of outstanding shares multiplied by the closing share price on the first trading day.\n\nIf two or more companies have exactly equal highest closing market capitalizations, this market will resolve to the company whose listed name co",
      "contract_type": "binary",
      "settlement_currency": "USDC",
      "underlying_reference": "Discord: The listed company completing an IPO between January 1 and December 31, 2026 with the highest market capitalization on its first trading day, calculated as outstanding shares multiplied by closing price, resolves the outcome.",
      "close_at": "2026-12-31T00:00:00Z",
      "resolve_at": "2026-12-31T00:00:00Z",
      "status": "open",
      "resolution": {
        "rules_raw": "This market will resolve to the company that achieves the highest market capitalization in U.S. dollars based on the official closing price on its first trading day in 2026.\n\nThis market will resolve to a company that completes an Initial Public Offering (IPO) between January 1 and December 31, 2026, 11:59 PM ET.\n\nMarket capitalization is defined as the total number of outstanding shares multiplied by the closing share price on the first trading day.\n\nIf two or more companies have exactly equal highest closing market capitalizations, this market will resolve to the company whose listed name comes first alphabetically.\n\nResolution will be based on the primary exchange’s official listing page. In the event that the relevant figure is not displayed, another reliable source will be used.\n\nIn case the respective company's primary exchange’s official listing page does not report in U.S. dollars, it will be converted to U.S. dollars using the U.S. Federal Reserve Board’s H.10 foreign exchange reference rate for the relevant currency pair on the company’s first trading day (https://www.federalreserve.gov/releases/h10/). If no such rate is available for the relevant trading day, the most recent previously published rate will be used. If the relevant currency is not listed, another credible exchange rate source will be used.\n\nA listed company may resolve to \"No\" as soon as it becomes unable to complete an IPO, including due to acquisition, merger, or absorption by an entity that is already publicly traded.\n\nIn the event of an interruption in the course of the normal trading session on the respective companies’ first day of trading (e.g., a circuit breaker or half-day), the market will resolve according to the official closing price of the abbreviated session. If no such official closing price is published, the market will resolve according to the next trading day on which an official closing price is published, treating that as the first day of trading for purposes of this market.",
        "arbitration_model": "uma_oracle",
        "proposer": "managed_whitelist",
        "source": null,
        "source_status": "platform_named",
        "source_citation": "https://www.federalreserve.gov/releases/h10/",
        "sources": [
          {
            "name": "federalreserve.gov",
            "url": "https://www.federalreserve.gov/releases/h10/",
            "provenance": "platform_api"
          }
        ],
        "source_of_record": null,
        "source_mechanism": "precedence",
        "source_type": null,
        "source_quality": null,
        "source_commitment": "named",
        "source_commitment_subtype": "named",
        "source_hedge_text": null
      },
      "rcg": {
        "grade": "A",
        "score": 92,
        "caps": [],
        "applied_factors": 7
      },
      "last_price": 0.001,
      "implied_probability": 0.001,
      "volume_24h_usd": 0,
      "volume_total_usd": 169702.96882999982,
      "settlement_style": "touch",
      "direction": null,
      "threshold": null,
      "question_id": "CMX-E1B25D6F93",
      "also_on": null,
      "tags": [
        "largest ipo cap"
      ],
      "eligibility_screens": null
    },
    {
      "market_id": "CM-MKT-5B1380XJV7",
      "event_id": "CM-EVT-NRC039X6K7",
      "platform": "polymarket",
      "platform_market_id": "0x53515f8186a75973400e59a6b537990b6668e49851aadc25b80a4e8c4d0b8fef",
      "question": "Will Placeholder B have the highest IPO Market Cap 2026?",
      "description": "This market will resolve to the company that achieves the highest market capitalization in U.S. dollars based on the official closing price on its first trading day in 2026.\n\nThis market will resolve to a company that completes an Initial Public Offering (IPO) between January 1 and December 31, 2026, 11:59 PM ET.\n\nMarket capitalization is defined as the total number of outstanding shares multiplied by the closing share price on the first trading day.\n\nIf two or more companies have exactly equal highest closing market capitalizations, this market will resolve to the company whose listed name co",
      "contract_type": "binary",
      "settlement_currency": "USDC",
      "underlying_reference": "Placeholder B: The listed company completing an IPO between January 1 and December 31, 2026 with the highest market capitalization on its first trading day, calculated as outstanding shares multiplied by closing price, resolves the outcome.",
      "close_at": "2026-12-31T00:00:00Z",
      "resolve_at": "2026-12-31T00:00:00Z",
      "status": "closed",
      "resolution": {
        "rules_raw": "This market will resolve to the company that achieves the highest market capitalization in U.S. dollars based on the official closing price on its first trading day in 2026.\n\nThis market will resolve to a company that completes an Initial Public Offering (IPO) between January 1 and December 31, 2026, 11:59 PM ET.\n\nMarket capitalization is defined as the total number of outstanding shares multiplied by the closing share price on the first trading day.\n\nIf two or more companies have exactly equal highest closing market capitalizations, this market will resolve to the company whose listed name comes first alphabetically.\n\nResolution will be based on the primary exchange’s official listing page. In the event that the relevant figure is not displayed, another reliable source will be used.\n\nIn case the respective company's primary exchange’s official listing page does not report in U.S. dollars, it will be converted to U.S. dollars using the U.S. Federal Reserve Board’s H.10 foreign exchange reference rate for the relevant currency pair on the company’s first trading day (https://www.federalreserve.gov/releases/h10/). If no such rate is available for the relevant trading day, the most recent previously published rate will be used. If the relevant currency is not listed, another credible exchange rate source will be used.\n\nA listed company may resolve to \"No\" as soon as it becomes unable to complete an IPO, including due to acquisition, merger, or absorption by an entity that is already publicly traded.\n\nIn the event of an interruption in the course of the normal trading session on the respective companies’ first day of trading (e.g., a circuit breaker or half-day), the market will resolve according to the official closing price of the abbreviated session. If no such official closing price is published, the market will resolve according to the next trading day on which an official closing price is published, treating that as the first day of trading for purposes of this market.",
        "arbitration_model": "uma_oracle",
        "proposer": "managed_whitelist",
        "source": null,
        "source_status": "platform_named",
        "source_citation": "https://www.federalreserve.gov/releases/h10/",
        "sources": [
          {
            "name": "federalreserve.gov",
            "url": "https://www.federalreserve.gov/releases/h10/",
            "provenance": "platform_api"
          }
        ],
        "source_of_record": null,
        "source_mechanism": "precedence",
        "source_type": null,
        "source_quality": null,
        "source_commitment": "named",
        "source_commitment_subtype": "named",
        "source_hedge_text": null
      },
      "rcg": {
        "grade": "A",
        "score": 92,
        "caps": [],
        "applied_factors": 7
      },
      "last_price": 0,
      "implied_probability": 0,
      "volume_24h_usd": 0,
      "volume_total_usd": 0,
      "settlement_style": "touch",
      "direction": null,
      "threshold": null,
      "question_id": "CMX-2473837B58",
      "also_on": null,
      "tags": [
        "largest ipo cap"
      ],
      "eligibility_screens": null
    },
    {
      "market_id": "CM-MKT-MG9X1SGRH7",
      "event_id": "CM-EVT-NRC039X6K7",
      "platform": "polymarket",
      "platform_market_id": "0xb54542cf847abb46757ce046ec9464d13060efa5401d45d38f356dde0f959d41",
      "question": "Will Placeholder E have the highest IPO Market Cap 2026?",
      "description": "This market will resolve to the company that achieves the highest market capitalization in U.S. dollars based on the official closing price on its first trading day in 2026.\n\nThis market will resolve to a company that completes an Initial Public Offering (IPO) between January 1 and December 31, 2026, 11:59 PM ET.\n\nMarket capitalization is defined as the total number of outstanding shares multiplied by the closing share price on the first trading day.\n\nIf two or more companies have exactly equal highest closing market capitalizations, this market will resolve to the company whose listed name co",
      "contract_type": "binary",
      "settlement_currency": "USDC",
      "underlying_reference": "Placeholder E: The listed company completing an IPO between January 1 and December 31, 2026 with the highest market capitalization on its first trading day, calculated as outstanding shares multiplied by closing price, resolves the outcome.",
      "close_at": "2026-12-31T00:00:00Z",
      "resolve_at": "2026-12-31T00:00:00Z",
      "status": "closed",
      "resolution": {
        "rules_raw": "This market will resolve to the company that achieves the highest market capitalization in U.S. dollars based on the official closing price on its first trading day in 2026.\n\nThis market will resolve to a company that completes an Initial Public Offering (IPO) between January 1 and December 31, 2026, 11:59 PM ET.\n\nMarket capitalization is defined as the total number of outstanding shares multiplied by the closing share price on the first trading day.\n\nIf two or more companies have exactly equal highest closing market capitalizations, this market will resolve to the company whose listed name comes first alphabetically.\n\nResolution will be based on the primary exchange’s official listing page. In the event that the relevant figure is not displayed, another reliable source will be used.\n\nIn case the respective company's primary exchange’s official listing page does not report in U.S. dollars, it will be converted to U.S. dollars using the U.S. Federal Reserve Board’s H.10 foreign exchange reference rate for the relevant currency pair on the company’s first trading day (https://www.federalreserve.gov/releases/h10/). If no such rate is available for the relevant trading day, the most recent previously published rate will be used. If the relevant currency is not listed, another credible exchange rate source will be used.\n\nA listed company may resolve to \"No\" as soon as it becomes unable to complete an IPO, including due to acquisition, merger, or absorption by an entity that is already publicly traded.\n\nIn the event of an interruption in the course of the normal trading session on the respective companies’ first day of trading (e.g., a circuit breaker or half-day), the market will resolve according to the official closing price of the abbreviated session. If no such official closing price is published, the market will resolve according to the next trading day on which an official closing price is published, treating that as the first day of trading for purposes of this market.",
        "arbitration_model": "uma_oracle",
        "proposer": "managed_whitelist",
        "source": null,
        "source_status": "platform_named",
        "source_citation": "https://www.federalreserve.gov/releases/h10/",
        "sources": [
          {
            "name": "federalreserve.gov",
            "url": "https://www.federalreserve.gov/releases/h10/",
            "provenance": "platform_api"
          }
        ],
        "source_of_record": null,
        "source_mechanism": "precedence",
        "source_type": null,
        "source_quality": null,
        "source_commitment": "named",
        "source_commitment_subtype": "named",
        "source_hedge_text": null
      },
      "rcg": {
        "grade": "A",
        "score": 92,
        "caps": [],
        "applied_factors": 7
      },
      "last_price": 0,
      "implied_probability": 0,
      "volume_24h_usd": 0,
      "volume_total_usd": 0,
      "settlement_style": "touch",
      "direction": null,
      "threshold": null,
      "question_id": "CMX-B83B6083CA",
      "also_on": null,
      "tags": [
        "largest ipo cap"
      ],
      "eligibility_screens": null
    },
    {
      "market_id": "CM-MKT-C66CGPTWJ7",
      "event_id": "CM-EVT-NRC039X6K7",
      "platform": "polymarket",
      "platform_market_id": "0x27392ec97b564a0ddc74056c384d2e98f71d19bf233d5269b73a5a4b51bbca1a",
      "question": "Will ByteDance have the highest IPO Market Cap 2026?",
      "description": "This market will resolve to the company that achieves the highest market capitalization in U.S. dollars based on the official closing price on its first trading day in 2026.\n\nThis market will resolve to a company that completes an Initial Public Offering (IPO) between January 1 and December 31, 2026, 11:59 PM ET.\n\nMarket capitalization is defined as the total number of outstanding shares multiplied by the closing share price on the first trading day.\n\nIf two or more companies have exactly equal highest closing market capitalizations, this market will resolve to the company whose listed name co",
      "contract_type": "binary",
      "settlement_currency": "USDC",
      "underlying_reference": "ByteDance: The listed company completing an IPO between January 1 and December 31, 2026 with the highest market capitalization on its first trading day, calculated as outstanding shares multiplied by closing price, resolves the outcome.",
      "close_at": "2026-12-31T00:00:00Z",
      "resolve_at": "2026-12-31T00:00:00Z",
      "status": "open",
      "resolution": {
        "rules_raw": "This market will resolve to the company that achieves the highest market capitalization in U.S. dollars based on the official closing price on its first trading day in 2026.\n\nThis market will resolve to a company that completes an Initial Public Offering (IPO) between January 1 and December 31, 2026, 11:59 PM ET.\n\nMarket capitalization is defined as the total number of outstanding shares multiplied by the closing share price on the first trading day.\n\nIf two or more companies have exactly equal highest closing market capitalizations, this market will resolve to the company whose listed name comes first alphabetically.\n\nResolution will be based on the primary exchange’s official listing page. In the event that the relevant figure is not displayed, another reliable source will be used.\n\nIn case the respective company's primary exchange’s official listing page does not report in U.S. dollars, it will be converted to U.S. dollars using the U.S. Federal Reserve Board’s H.10 foreign exchange reference rate for the relevant currency pair on the company’s first trading day (https://www.federalreserve.gov/releases/h10/). If no such rate is available for the relevant trading day, the most recent previously published rate will be used. If the relevant currency is not listed, another credible exchange rate source will be used.\n\nA listed company may resolve to \"No\" as soon as it becomes unable to complete an IPO, including due to acquisition, merger, or absorption by an entity that is already publicly traded.\n\nIn the event of an interruption in the course of the normal trading session on the respective companies’ first day of trading (e.g., a circuit breaker or half-day), the market will resolve according to the official closing price of the abbreviated session. If no such official closing price is published, the market will resolve according to the next trading day on which an official closing price is published, treating that as the first day of trading for purposes of this market.",
        "arbitration_model": "uma_oracle",
        "proposer": "managed_whitelist",
        "source": null,
        "source_status": "platform_named",
        "source_citation": "https://www.federalreserve.gov/releases/h10/",
        "sources": [
          {
            "name": "federalreserve.gov",
            "url": "https://www.federalreserve.gov/releases/h10/",
            "provenance": "platform_api"
          }
        ],
        "source_of_record": null,
        "source_mechanism": "precedence",
        "source_type": null,
        "source_quality": null,
        "source_commitment": "named",
        "source_commitment_subtype": "named",
        "source_hedge_text": null
      },
      "rcg": {
        "grade": "A",
        "score": 92,
        "caps": [],
        "applied_factors": 7
      },
      "last_price": 0.001,
      "implied_probability": 0.001,
      "volume_24h_usd": 0,
      "volume_total_usd": 163975.33059499998,
      "settlement_style": "touch",
      "direction": null,
      "threshold": null,
      "question_id": "CMX-5E8902BD39",
      "also_on": null,
      "tags": [
        "largest ipo cap"
      ],
      "eligibility_screens": null
    },
    {
      "market_id": "CM-MKT-PKX9MHR035",
      "event_id": "CM-EVT-NRC039X6K7",
      "platform": "polymarket",
      "platform_market_id": "0xb8d9886a598238d125256a04219aa417e6d00c9251784458cf0d278b8f718973",
      "question": "Will Stripe have the highest IPO Market Cap 2026?",
      "description": "This market will resolve to the company that achieves the highest market capitalization in U.S. dollars based on the official closing price on its first trading day in 2026.\n\nThis market will resolve to a company that completes an Initial Public Offering (IPO) between January 1 and December 31, 2026, 11:59 PM ET.\n\nMarket capitalization is defined as the total number of outstanding shares multiplied by the closing share price on the first trading day.\n\nIf two or more companies have exactly equal highest closing market capitalizations, this market will resolve to the company whose listed name co",
      "contract_type": "binary",
      "settlement_currency": "USDC",
      "underlying_reference": "Stripe: The listed company completing an IPO between January 1 and December 31, 2026 with the highest market capitalization on its first trading day, calculated as outstanding shares multiplied by closing price, resolves the outcome.",
      "close_at": "2026-12-31T00:00:00Z",
      "resolve_at": "2026-12-31T00:00:00Z",
      "status": "open",
      "resolution": {
        "rules_raw": "This market will resolve to the company that achieves the highest market capitalization in U.S. dollars based on the official closing price on its first trading day in 2026.\n\nThis market will resolve to a company that completes an Initial Public Offering (IPO) between January 1 and December 31, 2026, 11:59 PM ET.\n\nMarket capitalization is defined as the total number of outstanding shares multiplied by the closing share price on the first trading day.\n\nIf two or more companies have exactly equal highest closing market capitalizations, this market will resolve to the company whose listed name comes first alphabetically.\n\nResolution will be based on the primary exchange’s official listing page. In the event that the relevant figure is not displayed, another reliable source will be used.\n\nIn case the respective company's primary exchange’s official listing page does not report in U.S. dollars, it will be converted to U.S. dollars using the U.S. Federal Reserve Board’s H.10 foreign exchange reference rate for the relevant currency pair on the company’s first trading day (https://www.federalreserve.gov/releases/h10/). If no such rate is available for the relevant trading day, the most recent previously published rate will be used. If the relevant currency is not listed, another credible exchange rate source will be used.\n\nA listed company may resolve to \"No\" as soon as it becomes unable to complete an IPO, including due to acquisition, merger, or absorption by an entity that is already publicly traded.\n\nIn the event of an interruption in the course of the normal trading session on the respective companies’ first day of trading (e.g., a circuit breaker or half-day), the market will resolve according to the official closing price of the abbreviated session. If no such official closing price is published, the market will resolve according to the next trading day on which an official closing price is published, treating that as the first day of trading for purposes of this market.",
        "arbitration_model": "uma_oracle",
        "proposer": "managed_whitelist",
        "source": null,
        "source_status": "platform_named",
        "source_citation": "https://www.federalreserve.gov/releases/h10/",
        "sources": [
          {
            "name": "federalreserve.gov",
            "url": "https://www.federalreserve.gov/releases/h10/",
            "provenance": "platform_api"
          }
        ],
        "source_of_record": null,
        "source_mechanism": "precedence",
        "source_type": null,
        "source_quality": null,
        "source_commitment": "named",
        "source_commitment_subtype": "named",
        "source_hedge_text": null
      },
      "rcg": {
        "grade": "A",
        "score": 92,
        "caps": [],
        "applied_factors": 7
      },
      "last_price": 0.001,
      "implied_probability": 0.001,
      "volume_24h_usd": 0,
      "volume_total_usd": 90169.43452699995,
      "settlement_style": "touch",
      "direction": null,
      "threshold": null,
      "question_id": "CMX-00632FA563",
      "also_on": null,
      "tags": [
        "largest ipo cap"
      ],
      "eligibility_screens": null
    },
    {
      "market_id": "CM-MKT-Z7KNX5Z7Y3",
      "event_id": "CM-EVT-NRC039X6K7",
      "platform": "polymarket",
      "platform_market_id": "0x858b982b9ea15f0133c1ae8c53a5b7bbdf67891eca22dc8d726604dbbc5a8c5a",
      "question": "Will SpaceX have the highest IPO Market Cap 2026?",
      "description": "This market will resolve to the company that achieves the highest market capitalization in U.S. dollars based on the official closing price on its first trading day in 2026.\n\nThis market will resolve to a company that completes an Initial Public Offering (IPO) between January 1 and December 31, 2026, 11:59 PM ET.\n\nMarket capitalization is defined as the total number of outstanding shares multiplied by the closing share price on the first trading day.\n\nIf two or more companies have exactly equal highest closing market capitalizations, this market will resolve to the company whose listed name co",
      "contract_type": "binary",
      "settlement_currency": "USDC",
      "underlying_reference": "SpaceX: The listed company completing an IPO between January 1 and December 31, 2026 with the highest market capitalization on its first trading day, calculated as outstanding shares multiplied by closing price, resolves the outcome.",
      "close_at": "2026-12-31T00:00:00Z",
      "resolve_at": "2026-12-31T00:00:00Z",
      "status": "open",
      "resolution": {
        "rules_raw": "This market will resolve to the company that achieves the highest market capitalization in U.S. dollars based on the official closing price on its first trading day in 2026.\n\nThis market will resolve to a company that completes an Initial Public Offering (IPO) between January 1 and December 31, 2026, 11:59 PM ET.\n\nMarket capitalization is defined as the total number of outstanding shares multiplied by the closing share price on the first trading day.\n\nIf two or more companies have exactly equal highest closing market capitalizations, this market will resolve to the company whose listed name comes first alphabetically.\n\nResolution will be based on the primary exchange’s official listing page. In the event that the relevant figure is not displayed, another reliable source will be used.\n\nIn case the respective company's primary exchange’s official listing page does not report in U.S. dollars, it will be converted to U.S. dollars using the U.S. Federal Reserve Board’s H.10 foreign exchange reference rate for the relevant currency pair on the company’s first trading day (https://www.federalreserve.gov/releases/h10/). If no such rate is available for the relevant trading day, the most recent previously published rate will be used. If the relevant currency is not listed, another credible exchange rate source will be used.\n\nA listed company may resolve to \"No\" as soon as it becomes unable to complete an IPO, including due to acquisition, merger, or absorption by an entity that is already publicly traded.\n\nIn the event of an interruption in the course of the normal trading session on the respective companies’ first day of trading (e.g., a circuit breaker or half-day), the market will resolve according to the official closing price of the abbreviated session. If no such official closing price is published, the market will resolve according to the next trading day on which an official closing price is published, treating that as the first day of trading for purposes of this market.",
        "arbitration_model": "uma_oracle",
        "proposer": "managed_whitelist",
        "source": null,
        "source_status": "platform_named",
        "source_citation": "https://www.federalreserve.gov/releases/h10/",
        "sources": [
          {
            "name": "federalreserve.gov",
            "url": "https://www.federalreserve.gov/releases/h10/",
            "provenance": "platform_api"
          }
        ],
        "source_of_record": null,
        "source_mechanism": "precedence",
        "source_type": null,
        "source_quality": null,
        "source_commitment": "named",
        "source_commitment_subtype": "named",
        "source_hedge_text": null
      },
      "rcg": {
        "grade": "A",
        "score": 92,
        "caps": [],
        "applied_factors": 7
      },
      "last_price": 0.85,
      "implied_probability": 0.85,
      "volume_24h_usd": 613.9974109999999,
      "volume_total_usd": 533023.3877530008,
      "settlement_style": "touch",
      "direction": null,
      "threshold": null,
      "question_id": "CMX-9E1D4A9703",
      "also_on": null,
      "tags": [
        "largest ipo cap"
      ],
      "eligibility_screens": null
    },
    {
      "market_id": "CM-MKT-Y6JB7WM5C0",
      "event_id": "CM-EVT-NRC039X6K7",
      "platform": "polymarket",
      "platform_market_id": "0xf6210b4f655793c713cdf81f94d072aee409c232b23162501077e603694c6762",
      "question": "Will OpenAI have the highest IPO Market Cap 2026?",
      "description": "This market will resolve to the company that achieves the highest market capitalization in U.S. dollars based on the official closing price on its first trading day in 2026.\n\nThis market will resolve to a company that completes an Initial Public Offering (IPO) between January 1 and December 31, 2026, 11:59 PM ET.\n\nMarket capitalization is defined as the total number of outstanding shares multiplied by the closing share price on the first trading day.\n\nIf two or more companies have exactly equal highest closing market capitalizations, this market will resolve to the company whose listed name co",
      "contract_type": "binary",
      "settlement_currency": "USDC",
      "underlying_reference": "OpenAI: The listed company completing an IPO between January 1 and December 31, 2026 with the highest market capitalization on its first trading day, calculated as outstanding shares multiplied by closing price, resolves the outcome.",
      "close_at": "2026-12-31T00:00:00Z",
      "resolve_at": "2026-12-31T00:00:00Z",
      "status": "open",
      "resolution": {
        "rules_raw": "This market will resolve to the company that achieves the highest market capitalization in U.S. dollars based on the official closing price on its first trading day in 2026.\n\nThis market will resolve to a company that completes an Initial Public Offering (IPO) between January 1 and December 31, 2026, 11:59 PM ET.\n\nMarket capitalization is defined as the total number of outstanding shares multiplied by the closing share price on the first trading day.\n\nIf two or more companies have exactly equal highest closing market capitalizations, this market will resolve to the company whose listed name comes first alphabetically.\n\nResolution will be based on the primary exchange’s official listing page. In the event that the relevant figure is not displayed, another reliable source will be used.\n\nIn case the respective company's primary exchange’s official listing page does not report in U.S. dollars, it will be converted to U.S. dollars using the U.S. Federal Reserve Board’s H.10 foreign exchange reference rate for the relevant currency pair on the company’s first trading day (https://www.federalreserve.gov/releases/h10/). If no such rate is available for the relevant trading day, the most recent previously published rate will be used. If the relevant currency is not listed, another credible exchange rate source will be used.\n\nA listed company may resolve to \"No\" as soon as it becomes unable to complete an IPO, including due to acquisition, merger, or absorption by an entity that is already publicly traded.\n\nIn the event of an interruption in the course of the normal trading session on the respective companies’ first day of trading (e.g., a circuit breaker or half-day), the market will resolve according to the official closing price of the abbreviated session. If no such official closing price is published, the market will resolve according to the next trading day on which an official closing price is published, treating that as the first day of trading for purposes of this market.",
        "arbitration_model": "uma_oracle",
        "proposer": "managed_whitelist",
        "source": null,
        "source_status": "platform_named",
        "source_citation": "https://www.federalreserve.gov/releases/h10/",
        "sources": [
          {
            "name": "federalreserve.gov",
            "url": "https://www.federalreserve.gov/releases/h10/",
            "provenance": "platform_api"
          }
        ],
        "source_of_record": null,
        "source_mechanism": "precedence",
        "source_type": null,
        "source_quality": null,
        "source_commitment": "named",
        "source_commitment_subtype": "named",
        "source_hedge_text": null
      },
      "rcg": {
        "grade": "A",
        "score": 92,
        "caps": [],
        "applied_factors": 7
      },
      "last_price": 0.009,
      "implied_probability": 0.009,
      "volume_24h_usd": 1074.588,
      "volume_total_usd": 443898.76014200057,
      "settlement_style": "touch",
      "direction": null,
      "threshold": null,
      "question_id": "CMX-D0859A7FE1",
      "also_on": null,
      "tags": [
        "largest ipo cap"
      ],
      "eligibility_screens": null
    },
    {
      "market_id": "CM-MKT-KKL9DR41V7",
      "event_id": "CM-EVT-NRC039X6K7",
      "platform": "polymarket",
      "platform_market_id": "0xe6a08a127ed4693c47005011d316e312690717aa57f7467b0724bf813c4649aa",
      "question": "Will Kraken have the highest IPO Market Cap 2026?",
      "description": "This market will resolve to the company that achieves the highest market capitalization in U.S. dollars based on the official closing price on its first trading day in 2026.\n\nThis market will resolve to a company that completes an Initial Public Offering (IPO) between January 1 and December 31, 2026, 11:59 PM ET.\n\nMarket capitalization is defined as the total number of outstanding shares multiplied by the closing share price on the first trading day.\n\nIf two or more companies have exactly equal highest closing market capitalizations, this market will resolve to the company whose listed name co",
      "contract_type": "binary",
      "settlement_currency": "USDC",
      "underlying_reference": "Kraken: The listed company completing an IPO between January 1 and December 31, 2026 with the highest market capitalization on its first trading day, calculated as outstanding shares multiplied by closing price, resolves the outcome.",
      "close_at": "2026-12-31T00:00:00Z",
      "resolve_at": "2026-12-31T00:00:00Z",
      "status": "open",
      "resolution": {
        "rules_raw": "This market will resolve to the company that achieves the highest market capitalization in U.S. dollars based on the official closing price on its first trading day in 2026.\n\nThis market will resolve to a company that completes an Initial Public Offering (IPO) between January 1 and December 31, 2026, 11:59 PM ET.\n\nMarket capitalization is defined as the total number of outstanding shares multiplied by the closing share price on the first trading day.\n\nIf two or more companies have exactly equal highest closing market capitalizations, this market will resolve to the company whose listed name comes first alphabetically.\n\nResolution will be based on the primary exchange’s official listing page. In the event that the relevant figure is not displayed, another reliable source will be used.\n\nIn case the respective company's primary exchange’s official listing page does not report in U.S. dollars, it will be converted to U.S. dollars using the U.S. Federal Reserve Board’s H.10 foreign exchange reference rate for the relevant currency pair on the company’s first trading day (https://www.federalreserve.gov/releases/h10/). If no such rate is available for the relevant trading day, the most recent previously published rate will be used. If the relevant currency is not listed, another credible exchange rate source will be used.\n\nA listed company may resolve to \"No\" as soon as it becomes unable to complete an IPO, including due to acquisition, merger, or absorption by an entity that is already publicly traded.\n\nIn the event of an interruption in the course of the normal trading session on the respective companies’ first day of trading (e.g., a circuit breaker or half-day), the market will resolve according to the official closing price of the abbreviated session. If no such official closing price is published, the market will resolve according to the next trading day on which an official closing price is published, treating that as the first day of trading for purposes of this market.",
        "arbitration_model": "uma_oracle",
        "proposer": "managed_whitelist",
        "source": null,
        "source_status": "platform_named",
        "source_citation": "https://www.federalreserve.gov/releases/h10/",
        "sources": [
          {
            "name": "federalreserve.gov",
            "url": "https://www.federalreserve.gov/releases/h10/",
            "provenance": "platform_api"
          }
        ],
        "source_of_record": null,
        "source_mechanism": "precedence",
        "source_type": null,
        "source_quality": null,
        "source_commitment": "named",
        "source_commitment_subtype": "named",
        "source_hedge_text": null
      },
      "rcg": {
        "grade": "A",
        "score": 92,
        "caps": [],
        "applied_factors": 7
      },
      "last_price": 0.001,
      "implied_probability": 0.001,
      "volume_24h_usd": 1000,
      "volume_total_usd": 649941.5974710005,
      "settlement_style": "touch",
      "direction": null,
      "threshold": null,
      "question_id": "CMX-48B30D589C",
      "also_on": null,
      "tags": [
        "largest ipo cap"
      ],
      "eligibility_screens": null
    },
    {
      "market_id": "CM-MKT-JMMQ3KDHY2",
      "event_id": "CM-EVT-NRC039X6K7",
      "platform": "polymarket",
      "platform_market_id": "0xc9d97d9183b2c5f05c0df8e7ca2bcc7f8e77de0fd772c8aafdcc649821d36bff",
      "question": "Will Other company have the highest IPO Market Cap 2026?",
      "description": "This market will resolve to the company that achieves the highest market capitalization in U.S. dollars based on the official closing price on its first trading day in 2026.\n\nThis market will resolve to a company that completes an Initial Public Offering (IPO) between January 1 and December 31, 2026, 11:59 PM ET.\n\nMarket capitalization is defined as the total number of outstanding shares multiplied by the closing share price on the first trading day.\n\nIf two or more companies have exactly equal highest closing market capitalizations, this market will resolve to the company whose listed name co",
      "contract_type": "binary",
      "settlement_currency": "USDC",
      "underlying_reference": "Other: The listed company completing an IPO between January 1 and December 31, 2026 with the highest market capitalization on its first trading day, calculated as outstanding shares multiplied by closing price, resolves the outcome.",
      "close_at": "2026-12-31T00:00:00Z",
      "resolve_at": "2026-12-31T00:00:00Z",
      "status": "closed",
      "resolution": {
        "rules_raw": "This market will resolve to the company that achieves the highest market capitalization in U.S. dollars based on the official closing price on its first trading day in 2026.\n\nThis market will resolve to a company that completes an Initial Public Offering (IPO) between January 1 and December 31, 2026, 11:59 PM ET.\n\nMarket capitalization is defined as the total number of outstanding shares multiplied by the closing share price on the first trading day.\n\nIf two or more companies have exactly equal highest closing market capitalizations, this market will resolve to the company whose listed name comes first alphabetically.\n\nResolution will be based on the primary exchange’s official listing page. In the event that the relevant figure is not displayed, another reliable source will be used.\n\nIn case the respective company's primary exchange’s official listing page does not report in U.S. dollars, it will be converted to U.S. dollars using the U.S. Federal Reserve Board’s H.10 foreign exchange reference rate for the relevant currency pair on the company’s first trading day (https://www.federalreserve.gov/releases/h10/). If no such rate is available for the relevant trading day, the most recent previously published rate will be used. If the relevant currency is not listed, another credible exchange rate source will be used.\n\nA listed company may resolve to \"No\" as soon as it becomes unable to complete an IPO, including due to acquisition, merger, or absorption by an entity that is already publicly traded.\n\nIn the event of an interruption in the course of the normal trading session on the respective companies’ first day of trading (e.g., a circuit breaker or half-day), the market will resolve according to the official closing price of the abbreviated session. If no such official closing price is published, the market will resolve according to the next trading day on which an official closing price is published, treating that as the first day of trading for purposes of this market.",
        "arbitration_model": "uma_oracle",
        "proposer": "managed_whitelist",
        "source": null,
        "source_status": "platform_named",
        "source_citation": "https://www.federalreserve.gov/releases/h10/",
        "sources": [
          {
            "name": "federalreserve.gov",
            "url": "https://www.federalreserve.gov/releases/h10/",
            "provenance": "platform_api"
          }
        ],
        "source_of_record": null,
        "source_mechanism": "precedence",
        "source_type": null,
        "source_quality": null,
        "source_commitment": "named",
        "source_commitment_subtype": "named",
        "source_hedge_text": null
      },
      "rcg": {
        "grade": "A",
        "score": 92,
        "caps": [],
        "applied_factors": 7
      },
      "last_price": 0,
      "implied_probability": 0,
      "volume_24h_usd": 0,
      "volume_total_usd": 0,
      "settlement_style": "touch",
      "direction": null,
      "threshold": null,
      "question_id": "CMX-4179BA52F6",
      "also_on": null,
      "tags": [
        "largest ipo cap"
      ],
      "eligibility_screens": null
    },
    {
      "market_id": "CM-MKT-MDSSB40JP0",
      "event_id": "CM-EVT-NRC039X6K7",
      "platform": "polymarket",
      "platform_market_id": "0xe96dbaceb816e80063bec945a76ac915cba4341bdf1ef704f722bfc9054aad09",
      "question": "Will Anthropic have the highest IPO Market Cap 2026?",
      "description": "This market will resolve to the company that achieves the highest market capitalization in U.S. dollars based on the official closing price on its first trading day in 2026.\n\nThis market will resolve to a company that completes an Initial Public Offering (IPO) between January 1 and December 31, 2026, 11:59 PM ET.\n\nMarket capitalization is defined as the total number of outstanding shares multiplied by the closing share price on the first trading day.\n\nIf two or more companies have exactly equal highest closing market capitalizations, this market will resolve to the company whose listed name co",
      "contract_type": "binary",
      "settlement_currency": "USDC",
      "underlying_reference": "Anthropic: The listed company completing an IPO between January 1 and December 31, 2026 with the highest market capitalization on its first trading day, calculated as outstanding shares multiplied by closing price, resolves the outcome.",
      "close_at": "2026-12-31T00:00:00Z",
      "resolve_at": "2026-12-31T00:00:00Z",
      "status": "open",
      "resolution": {
        "rules_raw": "This market will resolve to the company that achieves the highest market capitalization in U.S. dollars based on the official closing price on its first trading day in 2026.\n\nThis market will resolve to a company that completes an Initial Public Offering (IPO) between January 1 and December 31, 2026, 11:59 PM ET.\n\nMarket capitalization is defined as the total number of outstanding shares multiplied by the closing share price on the first trading day.\n\nIf two or more companies have exactly equal highest closing market capitalizations, this market will resolve to the company whose listed name comes first alphabetically.\n\nResolution will be based on the primary exchange’s official listing page. In the event that the relevant figure is not displayed, another reliable source will be used.\n\nIn case the respective company's primary exchange’s official listing page does not report in U.S. dollars, it will be converted to U.S. dollars using the U.S. Federal Reserve Board’s H.10 foreign exchange reference rate for the relevant currency pair on the company’s first trading day (https://www.federalreserve.gov/releases/h10/). If no such rate is available for the relevant trading day, the most recent previously published rate will be used. If the relevant currency is not listed, another credible exchange rate source will be used.\n\nA listed company may resolve to \"No\" as soon as it becomes unable to complete an IPO, including due to acquisition, merger, or absorption by an entity that is already publicly traded.\n\nIn the event of an interruption in the course of the normal trading session on the respective companies’ first day of trading (e.g., a circuit breaker or half-day), the market will resolve according to the official closing price of the abbreviated session. If no such official closing price is published, the market will resolve according to the next trading day on which an official closing price is published, treating that as the first day of trading for purposes of this market.",
        "arbitration_model": "uma_oracle",
        "proposer": "managed_whitelist",
        "source": null,
        "source_status": "platform_named",
        "source_citation": "https://www.federalreserve.gov/releases/h10/",
        "sources": [
          {
            "name": "federalreserve.gov",
            "url": "https://www.federalreserve.gov/releases/h10/",
            "provenance": "platform_api"
          }
        ],
        "source_of_record": null,
        "source_mechanism": "precedence",
        "source_type": null,
        "source_quality": null,
        "source_commitment": "named",
        "source_commitment_subtype": "named",
        "source_hedge_text": null
      },
      "rcg": {
        "grade": "A",
        "score": 92,
        "caps": [],
        "applied_factors": 7
      },
      "last_price": 0.137,
      "implied_probability": 0.137,
      "volume_24h_usd": 1518.6614080000002,
      "volume_total_usd": 659983.4861239984,
      "settlement_style": "touch",
      "direction": null,
      "threshold": null,
      "question_id": "CMX-0F0CAAA867",
      "also_on": null,
      "tags": [
        "largest ipo cap"
      ],
      "eligibility_screens": null
    },
    {
      "market_id": "CM-MKT-DDS29FCFJ2",
      "event_id": "CM-EVT-NRC039X6K7",
      "platform": "polymarket",
      "platform_market_id": "0x609798f2a125de364d8e0967e67b87e47c1aaa4727b375ebf816de491108e1f1",
      "question": "Will SHEIN have the highest IPO Market Cap 2026?",
      "description": "This market will resolve to the company that achieves the highest market capitalization in U.S. dollars based on the official closing price on its first trading day in 2026.\n\nThis market will resolve to a company that completes an Initial Public Offering (IPO) between January 1 and December 31, 2026, 11:59 PM ET.\n\nMarket capitalization is defined as the total number of outstanding shares multiplied by the closing share price on the first trading day.\n\nIf two or more companies have exactly equal highest closing market capitalizations, this market will resolve to the company whose listed name co",
      "contract_type": "binary",
      "settlement_currency": "USDC",
      "underlying_reference": "SHEIN: The listed company completing an IPO between January 1 and December 31, 2026 with the highest market capitalization on its first trading day, calculated as outstanding shares multiplied by closing price, resolves the outcome.",
      "close_at": "2026-12-31T00:00:00Z",
      "resolve_at": "2026-12-31T00:00:00Z",
      "status": "open",
      "resolution": {
        "rules_raw": "This market will resolve to the company that achieves the highest market capitalization in U.S. dollars based on the official closing price on its first trading day in 2026.\n\nThis market will resolve to a company that completes an Initial Public Offering (IPO) between January 1 and December 31, 2026, 11:59 PM ET.\n\nMarket capitalization is defined as the total number of outstanding shares multiplied by the closing share price on the first trading day.\n\nIf two or more companies have exactly equal highest closing market capitalizations, this market will resolve to the company whose listed name comes first alphabetically.\n\nResolution will be based on the primary exchange’s official listing page. In the event that the relevant figure is not displayed, another reliable source will be used.\n\nIn case the respective company's primary exchange’s official listing page does not report in U.S. dollars, it will be converted to U.S. dollars using the U.S. Federal Reserve Board’s H.10 foreign exchange reference rate for the relevant currency pair on the company’s first trading day (https://www.federalreserve.gov/releases/h10/). If no such rate is available for the relevant trading day, the most recent previously published rate will be used. If the relevant currency is not listed, another credible exchange rate source will be used.\n\nA listed company may resolve to \"No\" as soon as it becomes unable to complete an IPO, including due to acquisition, merger, or absorption by an entity that is already publicly traded.\n\nIn the event of an interruption in the course of the normal trading session on the respective companies’ first day of trading (e.g., a circuit breaker or half-day), the market will resolve according to the official closing price of the abbreviated session. If no such official closing price is published, the market will resolve according to the next trading day on which an official closing price is published, treating that as the first day of trading for purposes of this market.",
        "arbitration_model": "uma_oracle",
        "proposer": "managed_whitelist",
        "source": null,
        "source_status": "platform_named",
        "source_citation": "https://www.federalreserve.gov/releases/h10/",
        "sources": [
          {
            "name": "federalreserve.gov",
            "url": "https://www.federalreserve.gov/releases/h10/",
            "provenance": "platform_api"
          }
        ],
        "source_of_record": null,
        "source_mechanism": "precedence",
        "source_type": null,
        "source_quality": null,
        "source_commitment": "named",
        "source_commitment_subtype": "named",
        "source_hedge_text": null
      },
      "rcg": {
        "grade": "A",
        "score": 92,
        "caps": [],
        "applied_factors": 7
      },
      "last_price": 0.001,
      "implied_probability": 0.001,
      "volume_24h_usd": 0,
      "volume_total_usd": 560899.333692,
      "settlement_style": "touch",
      "direction": null,
      "threshold": null,
      "question_id": "CMX-0A80973F7C",
      "also_on": null,
      "tags": [
        "largest ipo cap"
      ],
      "eligibility_screens": null
    },
    {
      "market_id": "CM-MKT-GMP97BZ943",
      "event_id": "CM-EVT-NRC039X6K7",
      "platform": "polymarket",
      "platform_market_id": "0xa8b1554aa40e8b8fb4ea679179e3ccbf2fb35816c5442608b706ceccaa093e1a",
      "question": "Will Waymo have the highest IPO Market Cap 2026?",
      "description": "This market will resolve to the company that achieves the highest market capitalization in U.S. dollars based on the official closing price on its first trading day in 2026.\n\nThis market will resolve to a company that completes an Initial Public Offering (IPO) between January 1 and December 31, 2026, 11:59 PM ET.\n\nMarket capitalization is defined as the total number of outstanding shares multiplied by the closing share price on the first trading day.\n\nIf two or more companies have exactly equal highest closing market capitalizations, this market will resolve to the company whose listed name co",
      "contract_type": "binary",
      "settlement_currency": "USDC",
      "underlying_reference": "Waymo: The listed company completing an IPO between January 1 and December 31, 2026 with the highest market capitalization on its first trading day, calculated as outstanding shares multiplied by closing price, resolves the outcome.",
      "close_at": "2026-12-31T00:00:00Z",
      "resolve_at": "2026-12-31T00:00:00Z",
      "status": "open",
      "resolution": {
        "rules_raw": "This market will resolve to the company that achieves the highest market capitalization in U.S. dollars based on the official closing price on its first trading day in 2026.\n\nThis market will resolve to a company that completes an Initial Public Offering (IPO) between January 1 and December 31, 2026, 11:59 PM ET.\n\nMarket capitalization is defined as the total number of outstanding shares multiplied by the closing share price on the first trading day.\n\nIf two or more companies have exactly equal highest closing market capitalizations, this market will resolve to the company whose listed name comes first alphabetically.\n\nResolution will be based on the primary exchange’s official listing page. In the event that the relevant figure is not displayed, another reliable source will be used.\n\nIn case the respective company's primary exchange’s official listing page does not report in U.S. dollars, it will be converted to U.S. dollars using the U.S. Federal Reserve Board’s H.10 foreign exchange reference rate for the relevant currency pair on the company’s first trading day (https://www.federalreserve.gov/releases/h10/). If no such rate is available for the relevant trading day, the most recent previously published rate will be used. If the relevant currency is not listed, another credible exchange rate source will be used.\n\nA listed company may resolve to \"No\" as soon as it becomes unable to complete an IPO, including due to acquisition, merger, or absorption by an entity that is already publicly traded.\n\nIn the event of an interruption in the course of the normal trading session on the respective companies’ first day of trading (e.g., a circuit breaker or half-day), the market will resolve according to the official closing price of the abbreviated session. If no such official closing price is published, the market will resolve according to the next trading day on which an official closing price is published, treating that as the first day of trading for purposes of this market.",
        "arbitration_model": "uma_oracle",
        "proposer": "managed_whitelist",
        "source": null,
        "source_status": "platform_named",
        "source_citation": "https://www.federalreserve.gov/releases/h10/",
        "sources": [
          {
            "name": "federalreserve.gov",
            "url": "https://www.federalreserve.gov/releases/h10/",
            "provenance": "platform_api"
          }
        ],
        "source_of_record": null,
        "source_mechanism": "precedence",
        "source_type": null,
        "source_quality": null,
        "source_commitment": "named",
        "source_commitment_subtype": "named",
        "source_hedge_text": null
      },
      "rcg": {
        "grade": "A",
        "score": 92,
        "caps": [],
        "applied_factors": 7
      },
      "last_price": 0.001,
      "implied_probability": 0.001,
      "volume_24h_usd": 0,
      "volume_total_usd": 309143.697565,
      "settlement_style": "touch",
      "direction": null,
      "threshold": null,
      "question_id": "CMX-4B506A46E8",
      "also_on": null,
      "tags": [
        "largest ipo cap"
      ],
      "eligibility_screens": null
    },
    {
      "market_id": "CM-MKT-5FRM0DL279",
      "event_id": "CM-EVT-NRC039X6K7",
      "platform": "polymarket",
      "platform_market_id": "0x719b10992e2bbeb7a5e7d9a96f5fcf5f598ff983360324018c341a66b295dec0",
      "question": "Will Revolut have the highest IPO Market Cap 2026?",
      "description": "This market will resolve to the company that achieves the highest market capitalization in U.S. dollars based on the official closing price on its first trading day in 2026.\n\nThis market will resolve to a company that completes an Initial Public Offering (IPO) between January 1 and December 31, 2026, 11:59 PM ET.\n\nMarket capitalization is defined as the total number of outstanding shares multiplied by the closing share price on the first trading day.\n\nIf two or more companies have exactly equal highest closing market capitalizations, this market will resolve to the company whose listed name co",
      "contract_type": "binary",
      "settlement_currency": "USDC",
      "underlying_reference": "Revolut: The listed company completing an IPO between January 1 and December 31, 2026 with the highest market capitalization on its first trading day, calculated as outstanding shares multiplied by closing price, resolves the outcome.",
      "close_at": "2026-12-31T00:00:00Z",
      "resolve_at": "2026-12-31T00:00:00Z",
      "status": "open",
      "resolution": {
        "rules_raw": "This market will resolve to the company that achieves the highest market capitalization in U.S. dollars based on the official closing price on its first trading day in 2026.\n\nThis market will resolve to a company that completes an Initial Public Offering (IPO) between January 1 and December 31, 2026, 11:59 PM ET.\n\nMarket capitalization is defined as the total number of outstanding shares multiplied by the closing share price on the first trading day.\n\nIf two or more companies have exactly equal highest closing market capitalizations, this market will resolve to the company whose listed name comes first alphabetically.\n\nResolution will be based on the primary exchange’s official listing page. In the event that the relevant figure is not displayed, another reliable source will be used.\n\nIn case the respective company's primary exchange’s official listing page does not report in U.S. dollars, it will be converted to U.S. dollars using the U.S. Federal Reserve Board’s H.10 foreign exchange reference rate for the relevant currency pair on the company’s first trading day (https://www.federalreserve.gov/releases/h10/). If no such rate is available for the relevant trading day, the most recent previously published rate will be used. If the relevant currency is not listed, another credible exchange rate source will be used.\n\nA listed company may resolve to \"No\" as soon as it becomes unable to complete an IPO, including due to acquisition, merger, or absorption by an entity that is already publicly traded.\n\nIn the event of an interruption in the course of the normal trading session on the respective companies’ first day of trading (e.g., a circuit breaker or half-day), the market will resolve according to the official closing price of the abbreviated session. If no such official closing price is published, the market will resolve according to the next trading day on which an official closing price is published, treating that as the first day of trading for purposes of this market.",
        "arbitration_model": "uma_oracle",
        "proposer": "managed_whitelist",
        "source": null,
        "source_status": "platform_named",
        "source_citation": "https://www.federalreserve.gov/releases/h10/",
        "sources": [
          {
            "name": "federalreserve.gov",
            "url": "https://www.federalreserve.gov/releases/h10/",
            "provenance": "platform_api"
          }
        ],
        "source_of_record": null,
        "source_mechanism": "precedence",
        "source_type": null,
        "source_quality": null,
        "source_commitment": "named",
        "source_commitment_subtype": "named",
        "source_hedge_text": null
      },
      "rcg": {
        "grade": "A",
        "score": 92,
        "caps": [],
        "applied_factors": 7
      },
      "last_price": 0.001,
      "implied_probability": 0.001,
      "volume_24h_usd": 0,
      "volume_total_usd": 627429.5979919999,
      "settlement_style": "touch",
      "direction": null,
      "threshold": null,
      "question_id": "CMX-3D07086338",
      "also_on": null,
      "tags": [
        "largest ipo cap"
      ],
      "eligibility_screens": null
    },
    {
      "market_id": "CM-MKT-8R3ZJPG544",
      "event_id": "CM-EVT-NRC039X6K7",
      "platform": "polymarket",
      "platform_market_id": "0xa70079cf7c1579eccdc55085c8c6f682b319f00125f80d1843bb72cc220a30cc",
      "question": "Will Perplexity AI have the highest IPO Market Cap 2026?",
      "description": "This market will resolve to the company that achieves the highest market capitalization in U.S. dollars based on the official closing price on its first trading day in 2026.\n\nThis market will resolve to a company that completes an Initial Public Offering (IPO) between January 1 and December 31, 2026, 11:59 PM ET.\n\nMarket capitalization is defined as the total number of outstanding shares multiplied by the closing share price on the first trading day.\n\nIf two or more companies have exactly equal highest closing market capitalizations, this market will resolve to the company whose listed name co",
      "contract_type": "binary",
      "settlement_currency": "USDC",
      "underlying_reference": "Perplexity AI: The listed company completing an IPO between January 1 and December 31, 2026 with the highest market capitalization on its first trading day, calculated as outstanding shares multiplied by closing price, resolves the outcome.",
      "close_at": "2026-12-31T00:00:00Z",
      "resolve_at": "2026-12-31T00:00:00Z",
      "status": "open",
      "resolution": {
        "rules_raw": "This market will resolve to the company that achieves the highest market capitalization in U.S. dollars based on the official closing price on its first trading day in 2026.\n\nThis market will resolve to a company that completes an Initial Public Offering (IPO) between January 1 and December 31, 2026, 11:59 PM ET.\n\nMarket capitalization is defined as the total number of outstanding shares multiplied by the closing share price on the first trading day.\n\nIf two or more companies have exactly equal highest closing market capitalizations, this market will resolve to the company whose listed name comes first alphabetically.\n\nResolution will be based on the primary exchange’s official listing page. In the event that the relevant figure is not displayed, another reliable source will be used.\n\nIn case the respective company's primary exchange’s official listing page does not report in U.S. dollars, it will be converted to U.S. dollars using the U.S. Federal Reserve Board’s H.10 foreign exchange reference rate for the relevant currency pair on the company’s first trading day (https://www.federalreserve.gov/releases/h10/). If no such rate is available for the relevant trading day, the most recent previously published rate will be used. If the relevant currency is not listed, another credible exchange rate source will be used.\n\nA listed company may resolve to \"No\" as soon as it becomes unable to complete an IPO, including due to acquisition, merger, or absorption by an entity that is already publicly traded.\n\nIn the event of an interruption in the course of the normal trading session on the respective companies’ first day of trading (e.g., a circuit breaker or half-day), the market will resolve according to the official closing price of the abbreviated session. If no such official closing price is published, the market will resolve according to the next trading day on which an official closing price is published, treating that as the first day of trading for purposes of this market.",
        "arbitration_model": "uma_oracle",
        "proposer": "managed_whitelist",
        "source": null,
        "source_status": "platform_named",
        "source_citation": "https://www.federalreserve.gov/releases/h10/",
        "sources": [
          {
            "name": "federalreserve.gov",
            "url": "https://www.federalreserve.gov/releases/h10/",
            "provenance": "platform_api"
          }
        ],
        "source_of_record": null,
        "source_mechanism": "precedence",
        "source_type": null,
        "source_quality": null,
        "source_commitment": "named",
        "source_commitment_subtype": "named",
        "source_hedge_text": null
      },
      "rcg": {
        "grade": "A",
        "score": 92,
        "caps": [],
        "applied_factors": 7
      },
      "last_price": 0.001,
      "implied_probability": 0.001,
      "volume_24h_usd": 0,
      "volume_total_usd": 102629.5256149999,
      "settlement_style": "touch",
      "direction": null,
      "threshold": null,
      "question_id": "CMX-068BDB9A37",
      "also_on": null,
      "tags": [
        "largest ipo cap"
      ],
      "eligibility_screens": null
    },
    {
      "market_id": "CM-MKT-S9NFPKL8M9",
      "event_id": "CM-EVT-NRC039X6K7",
      "platform": "polymarket",
      "platform_market_id": "0x22b3679b944ef4efea92caf44cf527bae9ad5050946f3cec2fedde0e0b530ac2",
      "question": "Will Placeholder A have the highest IPO Market Cap 2026?",
      "description": "This market will resolve to the company that achieves the highest market capitalization in U.S. dollars based on the official closing price on its first trading day in 2026.\n\nThis market will resolve to a company that completes an Initial Public Offering (IPO) between January 1 and December 31, 2026, 11:59 PM ET.\n\nMarket capitalization is defined as the total number of outstanding shares multiplied by the closing share price on the first trading day.\n\nIf two or more companies have exactly equal highest closing market capitalizations, this market will resolve to the company whose listed name co",
      "contract_type": "binary",
      "settlement_currency": "USDC",
      "underlying_reference": "Placeholder A: The listed company completing an IPO between January 1 and December 31, 2026 with the highest market capitalization on its first trading day, calculated as outstanding shares multiplied by closing price, resolves the outcome.",
      "close_at": "2026-12-31T00:00:00Z",
      "resolve_at": "2026-12-31T00:00:00Z",
      "status": "closed",
      "resolution": {
        "rules_raw": "This market will resolve to the company that achieves the highest market capitalization in U.S. dollars based on the official closing price on its first trading day in 2026.\n\nThis market will resolve to a company that completes an Initial Public Offering (IPO) between January 1 and December 31, 2026, 11:59 PM ET.\n\nMarket capitalization is defined as the total number of outstanding shares multiplied by the closing share price on the first trading day.\n\nIf two or more companies have exactly equal highest closing market capitalizations, this market will resolve to the company whose listed name comes first alphabetically.\n\nResolution will be based on the primary exchange’s official listing page. In the event that the relevant figure is not displayed, another reliable source will be used.\n\nIn case the respective company's primary exchange’s official listing page does not report in U.S. dollars, it will be converted to U.S. dollars using the U.S. Federal Reserve Board’s H.10 foreign exchange reference rate for the relevant currency pair on the company’s first trading day (https://www.federalreserve.gov/releases/h10/). If no such rate is available for the relevant trading day, the most recent previously published rate will be used. If the relevant currency is not listed, another credible exchange rate source will be used.\n\nA listed company may resolve to \"No\" as soon as it becomes unable to complete an IPO, including due to acquisition, merger, or absorption by an entity that is already publicly traded.\n\nIn the event of an interruption in the course of the normal trading session on the respective companies’ first day of trading (e.g., a circuit breaker or half-day), the market will resolve according to the official closing price of the abbreviated session. If no such official closing price is published, the market will resolve according to the next trading day on which an official closing price is published, treating that as the first day of trading for purposes of this market.",
        "arbitration_model": "uma_oracle",
        "proposer": "managed_whitelist",
        "source": null,
        "source_status": "platform_named",
        "source_citation": "https://www.federalreserve.gov/releases/h10/",
        "sources": [
          {
            "name": "federalreserve.gov",
            "url": "https://www.federalreserve.gov/releases/h10/",
            "provenance": "platform_api"
          }
        ],
        "source_of_record": null,
        "source_mechanism": "precedence",
        "source_type": null,
        "source_quality": null,
        "source_commitment": "named",
        "source_commitment_subtype": "named",
        "source_hedge_text": null
      },
      "rcg": {
        "grade": "A",
        "score": 92,
        "caps": [],
        "applied_factors": 7
      },
      "last_price": 0,
      "implied_probability": 0,
      "volume_24h_usd": 0,
      "volume_total_usd": 0,
      "settlement_style": "touch",
      "direction": null,
      "threshold": null,
      "question_id": "CMX-F9F1B5F84F",
      "also_on": null,
      "tags": [
        "largest ipo cap"
      ],
      "eligibility_screens": null
    },
    {
      "market_id": "CM-MKT-1NCGT8Q315",
      "event_id": "CM-EVT-NRC039X6K7",
      "platform": "polymarket",
      "platform_market_id": "0xebc51299668d70bb8a80f5c839c7acad00739ebe43c4cabee468672d84d38295",
      "question": "Will Placeholder D have the highest IPO Market Cap 2026?",
      "description": "This market will resolve to the company that achieves the highest market capitalization in U.S. dollars based on the official closing price on its first trading day in 2026.\n\nThis market will resolve to a company that completes an Initial Public Offering (IPO) between January 1 and December 31, 2026, 11:59 PM ET.\n\nMarket capitalization is defined as the total number of outstanding shares multiplied by the closing share price on the first trading day.\n\nIf two or more companies have exactly equal highest closing market capitalizations, this market will resolve to the company whose listed name co",
      "contract_type": "binary",
      "settlement_currency": "USDC",
      "underlying_reference": "Placeholder D: The listed company completing an IPO between January 1 and December 31, 2026 with the highest market capitalization on its first trading day, calculated as outstanding shares multiplied by closing price, resolves the outcome.",
      "close_at": "2026-12-31T00:00:00Z",
      "resolve_at": "2026-12-31T00:00:00Z",
      "status": "closed",
      "resolution": {
        "rules_raw": "This market will resolve to the company that achieves the highest market capitalization in U.S. dollars based on the official closing price on its first trading day in 2026.\n\nThis market will resolve to a company that completes an Initial Public Offering (IPO) between January 1 and December 31, 2026, 11:59 PM ET.\n\nMarket capitalization is defined as the total number of outstanding shares multiplied by the closing share price on the first trading day.\n\nIf two or more companies have exactly equal highest closing market capitalizations, this market will resolve to the company whose listed name comes first alphabetically.\n\nResolution will be based on the primary exchange’s official listing page. In the event that the relevant figure is not displayed, another reliable source will be used.\n\nIn case the respective company's primary exchange’s official listing page does not report in U.S. dollars, it will be converted to U.S. dollars using the U.S. Federal Reserve Board’s H.10 foreign exchange reference rate for the relevant currency pair on the company’s first trading day (https://www.federalreserve.gov/releases/h10/). If no such rate is available for the relevant trading day, the most recent previously published rate will be used. If the relevant currency is not listed, another credible exchange rate source will be used.\n\nA listed company may resolve to \"No\" as soon as it becomes unable to complete an IPO, including due to acquisition, merger, or absorption by an entity that is already publicly traded.\n\nIn the event of an interruption in the course of the normal trading session on the respective companies’ first day of trading (e.g., a circuit breaker or half-day), the market will resolve according to the official closing price of the abbreviated session. If no such official closing price is published, the market will resolve according to the next trading day on which an official closing price is published, treating that as the first day of trading for purposes of this market.",
        "arbitration_model": "uma_oracle",
        "proposer": "managed_whitelist",
        "source": null,
        "source_status": "platform_named",
        "source_citation": "https://www.federalreserve.gov/releases/h10/",
        "sources": [
          {
            "name": "federalreserve.gov",
            "url": "https://www.federalreserve.gov/releases/h10/",
            "provenance": "platform_api"
          }
        ],
        "source_of_record": null,
        "source_mechanism": "precedence",
        "source_type": null,
        "source_quality": null,
        "source_commitment": "named",
        "source_commitment_subtype": "named",
        "source_hedge_text": null
      },
      "rcg": {
        "grade": "A",
        "score": 92,
        "caps": [],
        "applied_factors": 7
      },
      "last_price": 0,
      "implied_probability": 0,
      "volume_24h_usd": 0,
      "volume_total_usd": 0,
      "settlement_style": "touch",
      "direction": null,
      "threshold": null,
      "question_id": "CMX-490D6055EE",
      "also_on": null,
      "tags": [
        "largest ipo cap"
      ],
      "eligibility_screens": null
    },
    {
      "market_id": "CM-MKT-SKD970QV30",
      "event_id": "CM-EVT-NRC039X6K7",
      "platform": "polymarket",
      "platform_market_id": "0x45200b053c1157df75c90248bbdb9f3358f0d69f8b3ff3d3c823ee9c11a8a48c",
      "question": "Will Placeholder G have the highest IPO Market Cap 2026?",
      "description": "This market will resolve to the company that achieves the highest market capitalization in U.S. dollars based on the official closing price on its first trading day in 2026.\n\nThis market will resolve to a company that completes an Initial Public Offering (IPO) between January 1 and December 31, 2026, 11:59 PM ET.\n\nMarket capitalization is defined as the total number of outstanding shares multiplied by the closing share price on the first trading day.\n\nIf two or more companies have exactly equal highest closing market capitalizations, this market will resolve to the company whose listed name co",
      "contract_type": "binary",
      "settlement_currency": "USDC",
      "underlying_reference": "Placeholder G: The listed company completing an IPO between January 1 and December 31, 2026 with the highest market capitalization on its first trading day, calculated as outstanding shares multiplied by closing price, resolves the outcome.",
      "close_at": "2026-12-31T00:00:00Z",
      "resolve_at": "2026-12-31T00:00:00Z",
      "status": "closed",
      "resolution": {
        "rules_raw": "This market will resolve to the company that achieves the highest market capitalization in U.S. dollars based on the official closing price on its first trading day in 2026.\n\nThis market will resolve to a company that completes an Initial Public Offering (IPO) between January 1 and December 31, 2026, 11:59 PM ET.\n\nMarket capitalization is defined as the total number of outstanding shares multiplied by the closing share price on the first trading day.\n\nIf two or more companies have exactly equal highest closing market capitalizations, this market will resolve to the company whose listed name comes first alphabetically.\n\nResolution will be based on the primary exchange’s official listing page. In the event that the relevant figure is not displayed, another reliable source will be used.\n\nIn case the respective company's primary exchange’s official listing page does not report in U.S. dollars, it will be converted to U.S. dollars using the U.S. Federal Reserve Board’s H.10 foreign exchange reference rate for the relevant currency pair on the company’s first trading day (https://www.federalreserve.gov/releases/h10/). If no such rate is available for the relevant trading day, the most recent previously published rate will be used. If the relevant currency is not listed, another credible exchange rate source will be used.\n\nA listed company may resolve to \"No\" as soon as it becomes unable to complete an IPO, including due to acquisition, merger, or absorption by an entity that is already publicly traded.\n\nIn the event of an interruption in the course of the normal trading session on the respective companies’ first day of trading (e.g., a circuit breaker or half-day), the market will resolve according to the official closing price of the abbreviated session. If no such official closing price is published, the market will resolve according to the next trading day on which an official closing price is published, treating that as the first day of trading for purposes of this market.",
        "arbitration_model": "uma_oracle",
        "proposer": "managed_whitelist",
        "source": null,
        "source_status": "platform_named",
        "source_citation": "https://www.federalreserve.gov/releases/h10/",
        "sources": [
          {
            "name": "federalreserve.gov",
            "url": "https://www.federalreserve.gov/releases/h10/",
            "provenance": "platform_api"
          }
        ],
        "source_of_record": null,
        "source_mechanism": "precedence",
        "source_type": null,
        "source_quality": null,
        "source_commitment": "named",
        "source_commitment_subtype": "named",
        "source_hedge_text": null
      },
      "rcg": {
        "grade": "A",
        "score": 92,
        "caps": [],
        "applied_factors": 7
      },
      "last_price": 0,
      "implied_probability": 0,
      "volume_24h_usd": 0,
      "volume_total_usd": 0,
      "settlement_style": "touch",
      "direction": null,
      "threshold": null,
      "question_id": "CMX-CC8B03A257",
      "also_on": null,
      "tags": [
        "largest ipo cap"
      ],
      "eligibility_screens": null
    },
    {
      "market_id": "CM-MKT-SRKDGVHZ67",
      "event_id": "CM-EVT-NRC039X6K7",
      "platform": "polymarket",
      "platform_market_id": "0xb053cb8b3d3a8ac5a98c7593be8fa226c5de31e9e451e96881de2bbdb15655db",
      "question": "Will Placeholder I have the highest IPO Market Cap 2026?",
      "description": "This market will resolve to the company that achieves the highest market capitalization in U.S. dollars based on the official closing price on its first trading day in 2026.\n\nThis market will resolve to a company that completes an Initial Public Offering (IPO) between January 1 and December 31, 2026, 11:59 PM ET.\n\nMarket capitalization is defined as the total number of outstanding shares multiplied by the closing share price on the first trading day.\n\nIf two or more companies have exactly equal highest closing market capitalizations, this market will resolve to the company whose listed name co",
      "contract_type": "binary",
      "settlement_currency": "USDC",
      "underlying_reference": "Placeholder I: The listed company completing an IPO between January 1 and December 31, 2026 with the highest market capitalization on its first trading day, calculated as outstanding shares multiplied by closing price, resolves the outcome.",
      "close_at": "2026-12-31T00:00:00Z",
      "resolve_at": "2026-12-31T00:00:00Z",
      "status": "closed",
      "resolution": {
        "rules_raw": "This market will resolve to the company that achieves the highest market capitalization in U.S. dollars based on the official closing price on its first trading day in 2026.\n\nThis market will resolve to a company that completes an Initial Public Offering (IPO) between January 1 and December 31, 2026, 11:59 PM ET.\n\nMarket capitalization is defined as the total number of outstanding shares multiplied by the closing share price on the first trading day.\n\nIf two or more companies have exactly equal highest closing market capitalizations, this market will resolve to the company whose listed name comes first alphabetically.\n\nResolution will be based on the primary exchange’s official listing page. In the event that the relevant figure is not displayed, another reliable source will be used.\n\nIn case the respective company's primary exchange’s official listing page does not report in U.S. dollars, it will be converted to U.S. dollars using the U.S. Federal Reserve Board’s H.10 foreign exchange reference rate for the relevant currency pair on the company’s first trading day (https://www.federalreserve.gov/releases/h10/). If no such rate is available for the relevant trading day, the most recent previously published rate will be used. If the relevant currency is not listed, another credible exchange rate source will be used.\n\nA listed company may resolve to \"No\" as soon as it becomes unable to complete an IPO, including due to acquisition, merger, or absorption by an entity that is already publicly traded.\n\nIn the event of an interruption in the course of the normal trading session on the respective companies’ first day of trading (e.g., a circuit breaker or half-day), the market will resolve according to the official closing price of the abbreviated session. If no such official closing price is published, the market will resolve according to the next trading day on which an official closing price is published, treating that as the first day of trading for purposes of this market.",
        "arbitration_model": "uma_oracle",
        "proposer": "managed_whitelist",
        "source": null,
        "source_status": "platform_named",
        "source_citation": "https://www.federalreserve.gov/releases/h10/",
        "sources": [
          {
            "name": "federalreserve.gov",
            "url": "https://www.federalreserve.gov/releases/h10/",
            "provenance": "platform_api"
          }
        ],
        "source_of_record": null,
        "source_mechanism": "precedence",
        "source_type": null,
        "source_quality": null,
        "source_commitment": "named",
        "source_commitment_subtype": "named",
        "source_hedge_text": null
      },
      "rcg": {
        "grade": "A",
        "score": 92,
        "caps": [],
        "applied_factors": 7
      },
      "last_price": 0,
      "implied_probability": 0,
      "volume_24h_usd": 0,
      "volume_total_usd": 0,
      "settlement_style": "touch",
      "direction": null,
      "threshold": null,
      "question_id": "CMX-A999AF4A56",
      "also_on": null,
      "tags": [
        "largest ipo cap"
      ],
      "eligibility_screens": null
    },
    {
      "market_id": "CM-MKT-KDPZMXGTH1",
      "event_id": "CM-EVT-NRC039X6K7",
      "platform": "polymarket",
      "platform_market_id": "0x93cc6525a287e51e142c5e7b7cf97c4799833affd945f82237e9e849602e6fb1",
      "question": "Will Databricks have the highest IPO Market Cap 2026?",
      "description": "This market will resolve to the company that achieves the highest market capitalization in U.S. dollars based on the official closing price on its first trading day in 2026.\n\nThis market will resolve to a company that completes an Initial Public Offering (IPO) between January 1 and December 31, 2026, 11:59 PM ET.\n\nMarket capitalization is defined as the total number of outstanding shares multiplied by the closing share price on the first trading day.\n\nIf two or more companies have exactly equal highest closing market capitalizations, this market will resolve to the company whose listed name co",
      "contract_type": "binary",
      "settlement_currency": "USDC",
      "underlying_reference": "Databricks: The listed company completing an IPO between January 1 and December 31, 2026 with the highest market capitalization on its first trading day, calculated as outstanding shares multiplied by closing price, resolves the outcome.",
      "close_at": "2026-12-31T00:00:00Z",
      "resolve_at": "2026-12-31T00:00:00Z",
      "status": "open",
      "resolution": {
        "rules_raw": "This market will resolve to the company that achieves the highest market capitalization in U.S. dollars based on the official closing price on its first trading day in 2026.\n\nThis market will resolve to a company that completes an Initial Public Offering (IPO) between January 1 and December 31, 2026, 11:59 PM ET.\n\nMarket capitalization is defined as the total number of outstanding shares multiplied by the closing share price on the first trading day.\n\nIf two or more companies have exactly equal highest closing market capitalizations, this market will resolve to the company whose listed name comes first alphabetically.\n\nResolution will be based on the primary exchange’s official listing page. In the event that the relevant figure is not displayed, another reliable source will be used.\n\nIn case the respective company's primary exchange’s official listing page does not report in U.S. dollars, it will be converted to U.S. dollars using the U.S. Federal Reserve Board’s H.10 foreign exchange reference rate for the relevant currency pair on the company’s first trading day (https://www.federalreserve.gov/releases/h10/). If no such rate is available for the relevant trading day, the most recent previously published rate will be used. If the relevant currency is not listed, another credible exchange rate source will be used.\n\nA listed company may resolve to \"No\" as soon as it becomes unable to complete an IPO, including due to acquisition, merger, or absorption by an entity that is already publicly traded.\n\nIn the event of an interruption in the course of the normal trading session on the respective companies’ first day of trading (e.g., a circuit breaker or half-day), the market will resolve according to the official closing price of the abbreviated session. If no such official closing price is published, the market will resolve according to the next trading day on which an official closing price is published, treating that as the first day of trading for purposes of this market.",
        "arbitration_model": "uma_oracle",
        "proposer": "managed_whitelist",
        "source": null,
        "source_status": "platform_named",
        "source_citation": "https://www.federalreserve.gov/releases/h10/",
        "sources": [
          {
            "name": "federalreserve.gov",
            "url": "https://www.federalreserve.gov/releases/h10/",
            "provenance": "platform_api"
          }
        ],
        "source_of_record": null,
        "source_mechanism": "precedence",
        "source_type": null,
        "source_quality": null,
        "source_commitment": "named",
        "source_commitment_subtype": "named",
        "source_hedge_text": null
      },
      "rcg": {
        "grade": "A",
        "score": 92,
        "caps": [],
        "applied_factors": 7
      },
      "last_price": 0.001,
      "implied_probability": 0.001,
      "volume_24h_usd": 20000,
      "volume_total_usd": 577026.1602319999,
      "settlement_style": "touch",
      "direction": null,
      "threshold": null,
      "question_id": "CMX-10B751C3B7",
      "also_on": null,
      "tags": [
        "largest ipo cap"
      ],
      "eligibility_screens": null
    },
    {
      "market_id": "CM-MKT-BBV2JP4V16",
      "event_id": "CM-EVT-NRC039X6K7",
      "platform": "polymarket",
      "platform_market_id": "0x6c8d1eb872a1cf239cab6a0ace5deed8411cc9303f7ab5c8215602a6ccec7715",
      "question": "Will Placeholder C have the highest IPO Market Cap 2026?",
      "description": "This market will resolve to the company that achieves the highest market capitalization in U.S. dollars based on the official closing price on its first trading day in 2026.\n\nThis market will resolve to a company that completes an Initial Public Offering (IPO) between January 1 and December 31, 2026, 11:59 PM ET.\n\nMarket capitalization is defined as the total number of outstanding shares multiplied by the closing share price on the first trading day.\n\nIf two or more companies have exactly equal highest closing market capitalizations, this market will resolve to the company whose listed name co",
      "contract_type": "binary",
      "settlement_currency": "USDC",
      "underlying_reference": "Placeholder C: The listed company completing an IPO between January 1 and December 31, 2026 with the highest market capitalization on its first trading day, calculated as outstanding shares multiplied by closing price, resolves the outcome.",
      "close_at": "2026-12-31T00:00:00Z",
      "resolve_at": "2026-12-31T00:00:00Z",
      "status": "closed",
      "resolution": {
        "rules_raw": "This market will resolve to the company that achieves the highest market capitalization in U.S. dollars based on the official closing price on its first trading day in 2026.\n\nThis market will resolve to a company that completes an Initial Public Offering (IPO) between January 1 and December 31, 2026, 11:59 PM ET.\n\nMarket capitalization is defined as the total number of outstanding shares multiplied by the closing share price on the first trading day.\n\nIf two or more companies have exactly equal highest closing market capitalizations, this market will resolve to the company whose listed name comes first alphabetically.\n\nResolution will be based on the primary exchange’s official listing page. In the event that the relevant figure is not displayed, another reliable source will be used.\n\nIn case the respective company's primary exchange’s official listing page does not report in U.S. dollars, it will be converted to U.S. dollars using the U.S. Federal Reserve Board’s H.10 foreign exchange reference rate for the relevant currency pair on the company’s first trading day (https://www.federalreserve.gov/releases/h10/). If no such rate is available for the relevant trading day, the most recent previously published rate will be used. If the relevant currency is not listed, another credible exchange rate source will be used.\n\nA listed company may resolve to \"No\" as soon as it becomes unable to complete an IPO, including due to acquisition, merger, or absorption by an entity that is already publicly traded.\n\nIn the event of an interruption in the course of the normal trading session on the respective companies’ first day of trading (e.g., a circuit breaker or half-day), the market will resolve according to the official closing price of the abbreviated session. If no such official closing price is published, the market will resolve according to the next trading day on which an official closing price is published, treating that as the first day of trading for purposes of this market.",
        "arbitration_model": "uma_oracle",
        "proposer": "managed_whitelist",
        "source": null,
        "source_status": "platform_named",
        "source_citation": "https://www.federalreserve.gov/releases/h10/",
        "sources": [
          {
            "name": "federalreserve.gov",
            "url": "https://www.federalreserve.gov/releases/h10/",
            "provenance": "platform_api"
          }
        ],
        "source_of_record": null,
        "source_mechanism": "precedence",
        "source_type": null,
        "source_quality": null,
        "source_commitment": "named",
        "source_commitment_subtype": "named",
        "source_hedge_text": null
      },
      "rcg": {
        "grade": "A",
        "score": 92,
        "caps": [],
        "applied_factors": 7
      },
      "last_price": 0,
      "implied_probability": 0,
      "volume_24h_usd": 0,
      "volume_total_usd": 0,
      "settlement_style": "touch",
      "direction": null,
      "threshold": null,
      "question_id": "CMX-1780382E55",
      "also_on": null,
      "tags": [
        "largest ipo cap"
      ],
      "eligibility_screens": null
    },
    {
      "market_id": "CM-MKT-0N8GZT2ND1",
      "event_id": "CM-EVT-NRC039X6K7",
      "platform": "polymarket",
      "platform_market_id": "0x6452c23f9993332fbaa5a39a23b4a99c43ceb5eed903d0735f914bcea6ff89e2",
      "question": "Will Placeholder F have the highest IPO Market Cap 2026?",
      "description": "This market will resolve to the company that achieves the highest market capitalization in U.S. dollars based on the official closing price on its first trading day in 2026.\n\nThis market will resolve to a company that completes an Initial Public Offering (IPO) between January 1 and December 31, 2026, 11:59 PM ET.\n\nMarket capitalization is defined as the total number of outstanding shares multiplied by the closing share price on the first trading day.\n\nIf two or more companies have exactly equal highest closing market capitalizations, this market will resolve to the company whose listed name co",
      "contract_type": "binary",
      "settlement_currency": "USDC",
      "underlying_reference": "Placeholder F: The listed company completing an IPO between January 1 and December 31, 2026 with the highest market capitalization on its first trading day, calculated as outstanding shares multiplied by closing price, resolves the outcome.",
      "close_at": "2026-12-31T00:00:00Z",
      "resolve_at": "2026-12-31T00:00:00Z",
      "status": "closed",
      "resolution": {
        "rules_raw": "This market will resolve to the company that achieves the highest market capitalization in U.S. dollars based on the official closing price on its first trading day in 2026.\n\nThis market will resolve to a company that completes an Initial Public Offering (IPO) between January 1 and December 31, 2026, 11:59 PM ET.\n\nMarket capitalization is defined as the total number of outstanding shares multiplied by the closing share price on the first trading day.\n\nIf two or more companies have exactly equal highest closing market capitalizations, this market will resolve to the company whose listed name comes first alphabetically.\n\nResolution will be based on the primary exchange’s official listing page. In the event that the relevant figure is not displayed, another reliable source will be used.\n\nIn case the respective company's primary exchange’s official listing page does not report in U.S. dollars, it will be converted to U.S. dollars using the U.S. Federal Reserve Board’s H.10 foreign exchange reference rate for the relevant currency pair on the company’s first trading day (https://www.federalreserve.gov/releases/h10/). If no such rate is available for the relevant trading day, the most recent previously published rate will be used. If the relevant currency is not listed, another credible exchange rate source will be used.\n\nA listed company may resolve to \"No\" as soon as it becomes unable to complete an IPO, including due to acquisition, merger, or absorption by an entity that is already publicly traded.\n\nIn the event of an interruption in the course of the normal trading session on the respective companies’ first day of trading (e.g., a circuit breaker or half-day), the market will resolve according to the official closing price of the abbreviated session. If no such official closing price is published, the market will resolve according to the next trading day on which an official closing price is published, treating that as the first day of trading for purposes of this market.",
        "arbitration_model": "uma_oracle",
        "proposer": "managed_whitelist",
        "source": null,
        "source_status": "platform_named",
        "source_citation": "https://www.federalreserve.gov/releases/h10/",
        "sources": [
          {
            "name": "federalreserve.gov",
            "url": "https://www.federalreserve.gov/releases/h10/",
            "provenance": "platform_api"
          }
        ],
        "source_of_record": null,
        "source_mechanism": "precedence",
        "source_type": null,
        "source_quality": null,
        "source_commitment": "named",
        "source_commitment_subtype": "named",
        "source_hedge_text": null
      },
      "rcg": {
        "grade": "A",
        "score": 92,
        "caps": [],
        "applied_factors": 7
      },
      "last_price": 0,
      "implied_probability": 0,
      "volume_24h_usd": 0,
      "volume_total_usd": 0,
      "settlement_style": "touch",
      "direction": null,
      "threshold": null,
      "question_id": "CMX-8408955B5F",
      "also_on": null,
      "tags": [
        "largest ipo cap"
      ],
      "eligibility_screens": null
    },
    {
      "market_id": "CM-MKT-FG47L4GPN5",
      "event_id": "CM-EVT-NRC039X6K7",
      "platform": "polymarket",
      "platform_market_id": "0x3c70ee2749a67c7ea394c0da3dc18daae025d95353a582fbff03d313a7e1ecfc",
      "question": "Will xAI have the highest IPO Market Cap 2026?",
      "description": "This market will resolve to the company that achieves the highest market capitalization in U.S. dollars based on the official closing price on its first trading day in 2026.\n\nThis market will resolve to a company that completes an Initial Public Offering (IPO) between January 1 and December 31, 2026, 11:59 PM ET.\n\nMarket capitalization is defined as the total number of outstanding shares multiplied by the closing share price on the first trading day.\n\nIf two or more companies have exactly equal highest closing market capitalizations, this market will resolve to the company whose listed name co",
      "contract_type": "binary",
      "settlement_currency": "USDC",
      "underlying_reference": "xAI: The listed company completing an IPO between January 1 and December 31, 2026 with the highest market capitalization on its first trading day, calculated as outstanding shares multiplied by closing price, resolves the outcome.",
      "close_at": "2026-12-31T00:00:00Z",
      "resolve_at": "2026-12-31T00:00:00Z",
      "status": "closed",
      "resolution": {
        "rules_raw": "This market will resolve to the company that achieves the highest market capitalization in U.S. dollars based on the official closing price on its first trading day in 2026.\n\nThis market will resolve to a company that completes an Initial Public Offering (IPO) between January 1 and December 31, 2026, 11:59 PM ET.\n\nMarket capitalization is defined as the total number of outstanding shares multiplied by the closing share price on the first trading day.\n\nIf two or more companies have exactly equal highest closing market capitalizations, this market will resolve to the company whose listed name comes first alphabetically.\n\nResolution will be based on the primary exchange’s official listing page. In the event that the relevant figure is not displayed, another reliable source will be used.\n\nIn case the respective company's primary exchange’s official listing page does not report in U.S. dollars, it will be converted to U.S. dollars using the U.S. Federal Reserve Board’s H.10 foreign exchange reference rate for the relevant currency pair on the company’s first trading day (https://www.federalreserve.gov/releases/h10/). If no such rate is available for the relevant trading day, the most recent previously published rate will be used. If the relevant currency is not listed, another credible exchange rate source will be used.\n\nA listed company may resolve to \"No\" as soon as it becomes unable to complete an IPO, including due to acquisition, merger, or absorption by an entity that is already publicly traded.\n\nIn the event of an interruption in the course of the normal trading session on the respective companies’ first day of trading (e.g., a circuit breaker or half-day), the market will resolve according to the official closing price of the abbreviated session. If no such official closing price is published, the market will resolve according to the next trading day on which an official closing price is published, treating that as the first day of trading for purposes of this market.",
        "arbitration_model": "uma_oracle",
        "proposer": "managed_whitelist",
        "source": null,
        "source_status": "platform_named",
        "source_citation": "https://www.federalreserve.gov/releases/h10/",
        "sources": [
          {
            "name": "federalreserve.gov",
            "url": "https://www.federalreserve.gov/releases/h10/",
            "provenance": "platform_api"
          }
        ],
        "source_of_record": null,
        "source_mechanism": "precedence",
        "source_type": null,
        "source_quality": null,
        "source_commitment": "named",
        "source_commitment_subtype": "named",
        "source_hedge_text": null
      },
      "rcg": {
        "grade": "A",
        "score": 92,
        "caps": [],
        "applied_factors": 7
      },
      "last_price": null,
      "implied_probability": null,
      "volume_24h_usd": null,
      "volume_total_usd": null,
      "settlement_style": "touch",
      "direction": null,
      "threshold": null,
      "question_id": "CMX-863E29BDA8",
      "also_on": null,
      "tags": [
        "largest ipo cap"
      ],
      "eligibility_screens": null
    },
    {
      "market_id": "CM-MKT-G6K3F8Z8T4",
      "event_id": "CM-EVT-NRC039X6K7",
      "platform": "polymarket",
      "platform_market_id": "0x0b9d29230baf81dce414841c13382f3278f7ce94737185e77530e6bfd82211cf",
      "question": "Will Placeholder H have the highest IPO Market Cap 2026?",
      "description": "This market will resolve to the company that achieves the highest market capitalization in U.S. dollars based on the official closing price on its first trading day in 2026.\n\nThis market will resolve to a company that completes an Initial Public Offering (IPO) between January 1 and December 31, 2026, 11:59 PM ET.\n\nMarket capitalization is defined as the total number of outstanding shares multiplied by the closing share price on the first trading day.\n\nIf two or more companies have exactly equal highest closing market capitalizations, this market will resolve to the company whose listed name co",
      "contract_type": "binary",
      "settlement_currency": "USDC",
      "underlying_reference": "Placeholder H: The listed company completing an IPO between January 1 and December 31, 2026 with the highest market capitalization on its first trading day, calculated as outstanding shares multiplied by closing price, resolves the outcome.",
      "close_at": "2026-12-31T00:00:00Z",
      "resolve_at": "2026-12-31T00:00:00Z",
      "status": "closed",
      "resolution": {
        "rules_raw": "This market will resolve to the company that achieves the highest market capitalization in U.S. dollars based on the official closing price on its first trading day in 2026.\n\nThis market will resolve to a company that completes an Initial Public Offering (IPO) between January 1 and December 31, 2026, 11:59 PM ET.\n\nMarket capitalization is defined as the total number of outstanding shares multiplied by the closing share price on the first trading day.\n\nIf two or more companies have exactly equal highest closing market capitalizations, this market will resolve to the company whose listed name comes first alphabetically.\n\nResolution will be based on the primary exchange’s official listing page. In the event that the relevant figure is not displayed, another reliable source will be used.\n\nIn case the respective company's primary exchange’s official listing page does not report in U.S. dollars, it will be converted to U.S. dollars using the U.S. Federal Reserve Board’s H.10 foreign exchange reference rate for the relevant currency pair on the company’s first trading day (https://www.federalreserve.gov/releases/h10/). If no such rate is available for the relevant trading day, the most recent previously published rate will be used. If the relevant currency is not listed, another credible exchange rate source will be used.\n\nA listed company may resolve to \"No\" as soon as it becomes unable to complete an IPO, including due to acquisition, merger, or absorption by an entity that is already publicly traded.\n\nIn the event of an interruption in the course of the normal trading session on the respective companies’ first day of trading (e.g., a circuit breaker or half-day), the market will resolve according to the official closing price of the abbreviated session. If no such official closing price is published, the market will resolve according to the next trading day on which an official closing price is published, treating that as the first day of trading for purposes of this market.",
        "arbitration_model": "uma_oracle",
        "proposer": "managed_whitelist",
        "source": null,
        "source_status": "platform_named",
        "source_citation": "https://www.federalreserve.gov/releases/h10/",
        "sources": [
          {
            "name": "federalreserve.gov",
            "url": "https://www.federalreserve.gov/releases/h10/",
            "provenance": "platform_api"
          }
        ],
        "source_of_record": null,
        "source_mechanism": "precedence",
        "source_type": null,
        "source_quality": null,
        "source_commitment": "named",
        "source_commitment_subtype": "named",
        "source_hedge_text": null
      },
      "rcg": {
        "grade": "A",
        "score": 92,
        "caps": [],
        "applied_factors": 7
      },
      "last_price": 0,
      "implied_probability": 0,
      "volume_24h_usd": 0,
      "volume_total_usd": 0,
      "settlement_style": "touch",
      "direction": null,
      "threshold": null,
      "question_id": "CMX-2579C53E53",
      "also_on": null,
      "tags": [
        "largest ipo cap"
      ],
      "eligibility_screens": null
    },
    {
      "market_id": "CM-MKT-5TTVKZTX01",
      "event_id": "CM-EVT-NRC039X6K7",
      "platform": "polymarket",
      "platform_market_id": "0x174946096316e4246ce83969a7433152d84fd51a6fb54c1890704a0360a97783",
      "question": "Will Placeholder J have the highest IPO Market Cap 2026?",
      "description": "This market will resolve to the company that achieves the highest market capitalization in U.S. dollars based on the official closing price on its first trading day in 2026.\n\nThis market will resolve to a company that completes an Initial Public Offering (IPO) between January 1 and December 31, 2026, 11:59 PM ET.\n\nMarket capitalization is defined as the total number of outstanding shares multiplied by the closing share price on the first trading day.\n\nIf two or more companies have exactly equal highest closing market capitalizations, this market will resolve to the company whose listed name co",
      "contract_type": "binary",
      "settlement_currency": "USDC",
      "underlying_reference": "Placeholder J: The listed company completing an IPO between January 1 and December 31, 2026 with the highest market capitalization on its first trading day, calculated as outstanding shares multiplied by closing price, resolves the outcome.",
      "close_at": "2026-12-31T00:00:00Z",
      "resolve_at": "2026-12-31T00:00:00Z",
      "status": "closed",
      "resolution": {
        "rules_raw": "This market will resolve to the company that achieves the highest market capitalization in U.S. dollars based on the official closing price on its first trading day in 2026.\n\nThis market will resolve to a company that completes an Initial Public Offering (IPO) between January 1 and December 31, 2026, 11:59 PM ET.\n\nMarket capitalization is defined as the total number of outstanding shares multiplied by the closing share price on the first trading day.\n\nIf two or more companies have exactly equal highest closing market capitalizations, this market will resolve to the company whose listed name comes first alphabetically.\n\nResolution will be based on the primary exchange’s official listing page. In the event that the relevant figure is not displayed, another reliable source will be used.\n\nIn case the respective company's primary exchange’s official listing page does not report in U.S. dollars, it will be converted to U.S. dollars using the U.S. Federal Reserve Board’s H.10 foreign exchange reference rate for the relevant currency pair on the company’s first trading day (https://www.federalreserve.gov/releases/h10/). If no such rate is available for the relevant trading day, the most recent previously published rate will be used. If the relevant currency is not listed, another credible exchange rate source will be used.\n\nA listed company may resolve to \"No\" as soon as it becomes unable to complete an IPO, including due to acquisition, merger, or absorption by an entity that is already publicly traded.\n\nIn the event of an interruption in the course of the normal trading session on the respective companies’ first day of trading (e.g., a circuit breaker or half-day), the market will resolve according to the official closing price of the abbreviated session. If no such official closing price is published, the market will resolve according to the next trading day on which an official closing price is published, treating that as the first day of trading for purposes of this market.",
        "arbitration_model": "uma_oracle",
        "proposer": "managed_whitelist",
        "source": null,
        "source_status": "platform_named",
        "source_citation": "https://www.federalreserve.gov/releases/h10/",
        "sources": [
          {
            "name": "federalreserve.gov",
            "url": "https://www.federalreserve.gov/releases/h10/",
            "provenance": "platform_api"
          }
        ],
        "source_of_record": null,
        "source_mechanism": "precedence",
        "source_type": null,
        "source_quality": null,
        "source_commitment": "named",
        "source_commitment_subtype": "named",
        "source_hedge_text": null
      },
      "rcg": {
        "grade": "A",
        "score": 92,
        "caps": [],
        "applied_factors": 7
      },
      "last_price": 0,
      "implied_probability": 0,
      "volume_24h_usd": 0,
      "volume_total_usd": 0,
      "settlement_style": "touch",
      "direction": null,
      "threshold": null,
      "question_id": "CMX-B77BE62B91",
      "also_on": null,
      "tags": [
        "largest ipo cap"
      ],
      "eligibility_screens": null
    },
    {
      "market_id": "CM-MKT-4FNB26LYF5",
      "event_id": "CM-EVT-NRC039X6K7",
      "platform": "polymarket",
      "platform_market_id": "0xfe143a18e39c0694e9ec4723cedae7334628e4644a3f010262070224a9bff9ee",
      "question": "Will Placeholder P have the highest IPO Market Cap 2026?",
      "description": "This market will resolve to the company that achieves the highest market capitalization in U.S. dollars based on the official closing price on its first trading day in 2026.\n\nThis market will resolve to a company that completes an Initial Public Offering (IPO) between January 1 and December 31, 2026, 11:59 PM ET.\n\nMarket capitalization is defined as the total number of outstanding shares multiplied by the closing share price on the first trading day.\n\nIf two or more companies have exactly equal highest closing market capitalizations, this market will resolve to the company whose listed name co",
      "contract_type": "binary",
      "settlement_currency": "USDC",
      "underlying_reference": "Placeholder P: The listed company completing an IPO between January 1 and December 31, 2026 with the highest market capitalization on its first trading day, calculated as outstanding shares multiplied by closing price, resolves the outcome.",
      "close_at": "2026-12-31T00:00:00Z",
      "resolve_at": "2026-12-31T00:00:00Z",
      "status": "closed",
      "resolution": {
        "rules_raw": "This market will resolve to the company that achieves the highest market capitalization in U.S. dollars based on the official closing price on its first trading day in 2026.\n\nThis market will resolve to a company that completes an Initial Public Offering (IPO) between January 1 and December 31, 2026, 11:59 PM ET.\n\nMarket capitalization is defined as the total number of outstanding shares multiplied by the closing share price on the first trading day.\n\nIf two or more companies have exactly equal highest closing market capitalizations, this market will resolve to the company whose listed name comes first alphabetically.\n\nResolution will be based on the primary exchange’s official listing page. In the event that the relevant figure is not displayed, another reliable source will be used.\n\nIn case the respective company's primary exchange’s official listing page does not report in U.S. dollars, it will be converted to U.S. dollars using the U.S. Federal Reserve Board’s H.10 foreign exchange reference rate for the relevant currency pair on the company’s first trading day (https://www.federalreserve.gov/releases/h10/). If no such rate is available for the relevant trading day, the most recent previously published rate will be used. If the relevant currency is not listed, another credible exchange rate source will be used.\n\nA listed company may resolve to \"No\" as soon as it becomes unable to complete an IPO, including due to acquisition, merger, or absorption by an entity that is already publicly traded.\n\nIn the event of an interruption in the course of the normal trading session on the respective companies’ first day of trading (e.g., a circuit breaker or half-day), the market will resolve according to the official closing price of the abbreviated session. If no such official closing price is published, the market will resolve according to the next trading day on which an official closing price is published, treating that as the first day of trading for purposes of this market.",
        "arbitration_model": "uma_oracle",
        "proposer": "managed_whitelist",
        "source": null,
        "source_status": "platform_named",
        "source_citation": "https://www.federalreserve.gov/releases/h10/",
        "sources": [
          {
            "name": "federalreserve.gov",
            "url": "https://www.federalreserve.gov/releases/h10/",
            "provenance": "platform_api"
          }
        ],
        "source_of_record": null,
        "source_mechanism": "precedence",
        "source_type": null,
        "source_quality": null,
        "source_commitment": "named",
        "source_commitment_subtype": "named",
        "source_hedge_text": null
      },
      "rcg": {
        "grade": "A",
        "score": 92,
        "caps": [],
        "applied_factors": 7
      },
      "last_price": 0,
      "implied_probability": 0,
      "volume_24h_usd": 0,
      "volume_total_usd": 0,
      "settlement_style": "touch",
      "direction": null,
      "threshold": null,
      "question_id": "CMX-5423A9987F",
      "also_on": null,
      "tags": [
        "largest ipo cap"
      ],
      "eligibility_screens": null
    },
    {
      "market_id": "CM-MKT-610SMBLGF5",
      "event_id": "CM-EVT-NRC039X6K7",
      "platform": "polymarket",
      "platform_market_id": "0x8621386b7a3782fd3371bc143882963e889fc994f9407b9acc6135f01df9e680",
      "question": "Will Placeholder R have the highest IPO Market Cap 2026?",
      "description": "This market will resolve to the company that achieves the highest market capitalization in U.S. dollars based on the official closing price on its first trading day in 2026.\n\nThis market will resolve to a company that completes an Initial Public Offering (IPO) between January 1 and December 31, 2026, 11:59 PM ET.\n\nMarket capitalization is defined as the total number of outstanding shares multiplied by the closing share price on the first trading day.\n\nIf two or more companies have exactly equal highest closing market capitalizations, this market will resolve to the company whose listed name co",
      "contract_type": "binary",
      "settlement_currency": "USDC",
      "underlying_reference": "Placeholder R: The listed company completing an IPO between January 1 and December 31, 2026 with the highest market capitalization on its first trading day, calculated as outstanding shares multiplied by closing price, resolves the outcome.",
      "close_at": "2026-12-31T00:00:00Z",
      "resolve_at": "2026-12-31T00:00:00Z",
      "status": "closed",
      "resolution": {
        "rules_raw": "This market will resolve to the company that achieves the highest market capitalization in U.S. dollars based on the official closing price on its first trading day in 2026.\n\nThis market will resolve to a company that completes an Initial Public Offering (IPO) between January 1 and December 31, 2026, 11:59 PM ET.\n\nMarket capitalization is defined as the total number of outstanding shares multiplied by the closing share price on the first trading day.\n\nIf two or more companies have exactly equal highest closing market capitalizations, this market will resolve to the company whose listed name comes first alphabetically.\n\nResolution will be based on the primary exchange’s official listing page. In the event that the relevant figure is not displayed, another reliable source will be used.\n\nIn case the respective company's primary exchange’s official listing page does not report in U.S. dollars, it will be converted to U.S. dollars using the U.S. Federal Reserve Board’s H.10 foreign exchange reference rate for the relevant currency pair on the company’s first trading day (https://www.federalreserve.gov/releases/h10/). If no such rate is available for the relevant trading day, the most recent previously published rate will be used. If the relevant currency is not listed, another credible exchange rate source will be used.\n\nA listed company may resolve to \"No\" as soon as it becomes unable to complete an IPO, including due to acquisition, merger, or absorption by an entity that is already publicly traded.\n\nIn the event of an interruption in the course of the normal trading session on the respective companies’ first day of trading (e.g., a circuit breaker or half-day), the market will resolve according to the official closing price of the abbreviated session. If no such official closing price is published, the market will resolve according to the next trading day on which an official closing price is published, treating that as the first day of trading for purposes of this market.",
        "arbitration_model": "uma_oracle",
        "proposer": "managed_whitelist",
        "source": null,
        "source_status": "platform_named",
        "source_citation": "https://www.federalreserve.gov/releases/h10/",
        "sources": [
          {
            "name": "federalreserve.gov",
            "url": "https://www.federalreserve.gov/releases/h10/",
            "provenance": "platform_api"
          }
        ],
        "source_of_record": null,
        "source_mechanism": "precedence",
        "source_type": null,
        "source_quality": null,
        "source_commitment": "named",
        "source_commitment_subtype": "named",
        "source_hedge_text": null
      },
      "rcg": {
        "grade": "A",
        "score": 92,
        "caps": [],
        "applied_factors": 7
      },
      "last_price": 0,
      "implied_probability": 0,
      "volume_24h_usd": 0,
      "volume_total_usd": 0,
      "settlement_style": "touch",
      "direction": null,
      "threshold": null,
      "question_id": "CMX-00E9AC9A66",
      "also_on": null,
      "tags": [
        "largest ipo cap"
      ],
      "eligibility_screens": null
    },
    {
      "market_id": "CM-MKT-79M3JG0165",
      "event_id": "CM-EVT-NRC039X6K7",
      "platform": "polymarket",
      "platform_market_id": "0xc6912b9a1dd332b93b7d3df9420990ea408c20f1923a83472f12d88e28195e27",
      "question": "Will Placeholder Z have the highest IPO Market Cap 2026?",
      "description": "This market will resolve to the company that achieves the highest market capitalization in U.S. dollars based on the official closing price on its first trading day in 2026.\n\nThis market will resolve to a company that completes an Initial Public Offering (IPO) between January 1 and December 31, 2026, 11:59 PM ET.\n\nMarket capitalization is defined as the total number of outstanding shares multiplied by the closing share price on the first trading day.\n\nIf two or more companies have exactly equal highest closing market capitalizations, this market will resolve to the company whose listed name co",
      "contract_type": "binary",
      "settlement_currency": "USDC",
      "underlying_reference": "Placeholder Z: The listed company completing an IPO between January 1 and December 31, 2026 with the highest market capitalization on its first trading day, calculated as outstanding shares multiplied by closing price, resolves the outcome.",
      "close_at": "2026-12-31T00:00:00Z",
      "resolve_at": "2026-12-31T00:00:00Z",
      "status": "closed",
      "resolution": {
        "rules_raw": "This market will resolve to the company that achieves the highest market capitalization in U.S. dollars based on the official closing price on its first trading day in 2026.\n\nThis market will resolve to a company that completes an Initial Public Offering (IPO) between January 1 and December 31, 2026, 11:59 PM ET.\n\nMarket capitalization is defined as the total number of outstanding shares multiplied by the closing share price on the first trading day.\n\nIf two or more companies have exactly equal highest closing market capitalizations, this market will resolve to the company whose listed name comes first alphabetically.\n\nResolution will be based on the primary exchange’s official listing page. In the event that the relevant figure is not displayed, another reliable source will be used.\n\nIn case the respective company's primary exchange’s official listing page does not report in U.S. dollars, it will be converted to U.S. dollars using the U.S. Federal Reserve Board’s H.10 foreign exchange reference rate for the relevant currency pair on the company’s first trading day (https://www.federalreserve.gov/releases/h10/). If no such rate is available for the relevant trading day, the most recent previously published rate will be used. If the relevant currency is not listed, another credible exchange rate source will be used.\n\nA listed company may resolve to \"No\" as soon as it becomes unable to complete an IPO, including due to acquisition, merger, or absorption by an entity that is already publicly traded.\n\nIn the event of an interruption in the course of the normal trading session on the respective companies’ first day of trading (e.g., a circuit breaker or half-day), the market will resolve according to the official closing price of the abbreviated session. If no such official closing price is published, the market will resolve according to the next trading day on which an official closing price is published, treating that as the first day of trading for purposes of this market.",
        "arbitration_model": "uma_oracle",
        "proposer": "managed_whitelist",
        "source": null,
        "source_status": "platform_named",
        "source_citation": "https://www.federalreserve.gov/releases/h10/",
        "sources": [
          {
            "name": "federalreserve.gov",
            "url": "https://www.federalreserve.gov/releases/h10/",
            "provenance": "platform_api"
          }
        ],
        "source_of_record": null,
        "source_mechanism": "precedence",
        "source_type": null,
        "source_quality": null,
        "source_commitment": "named",
        "source_commitment_subtype": "named",
        "source_hedge_text": null
      },
      "rcg": {
        "grade": "A",
        "score": 92,
        "caps": [],
        "applied_factors": 7
      },
      "last_price": 0,
      "implied_probability": 0,
      "volume_24h_usd": 0,
      "volume_total_usd": 0,
      "settlement_style": "touch",
      "direction": null,
      "threshold": null,
      "question_id": "CMX-818A232C08",
      "also_on": null,
      "tags": [
        "largest ipo cap"
      ],
      "eligibility_screens": null
    },
    {
      "market_id": "CM-MKT-HTDSPYDB42",
      "event_id": "CM-EVT-NRC039X6K7",
      "platform": "polymarket",
      "platform_market_id": "0x227f9b6e2b4a4af20d15358f493207b98f104a6ccb26e5c1ae922504598a27bd",
      "question": "Will Placeholder AB have the highest IPO Market Cap 2026?",
      "description": "This market will resolve to the company that achieves the highest market capitalization in U.S. dollars based on the official closing price on its first trading day in 2026.\n\nThis market will resolve to a company that completes an Initial Public Offering (IPO) between January 1 and December 31, 2026, 11:59 PM ET.\n\nMarket capitalization is defined as the total number of outstanding shares multiplied by the closing share price on the first trading day.\n\nIf two or more companies have exactly equal highest closing market capitalizations, this market will resolve to the company whose listed name co",
      "contract_type": "binary",
      "settlement_currency": "USDC",
      "underlying_reference": "Placeholder AB: The listed company completing an IPO between January 1 and December 31, 2026 with the highest market capitalization on its first trading day, calculated as outstanding shares multiplied by closing price, resolves the outcome.",
      "close_at": "2026-12-31T00:00:00Z",
      "resolve_at": "2026-12-31T00:00:00Z",
      "status": "closed",
      "resolution": {
        "rules_raw": "This market will resolve to the company that achieves the highest market capitalization in U.S. dollars based on the official closing price on its first trading day in 2026.\n\nThis market will resolve to a company that completes an Initial Public Offering (IPO) between January 1 and December 31, 2026, 11:59 PM ET.\n\nMarket capitalization is defined as the total number of outstanding shares multiplied by the closing share price on the first trading day.\n\nIf two or more companies have exactly equal highest closing market capitalizations, this market will resolve to the company whose listed name comes first alphabetically.\n\nResolution will be based on the primary exchange’s official listing page. In the event that the relevant figure is not displayed, another reliable source will be used.\n\nIn case the respective company's primary exchange’s official listing page does not report in U.S. dollars, it will be converted to U.S. dollars using the U.S. Federal Reserve Board’s H.10 foreign exchange reference rate for the relevant currency pair on the company’s first trading day (https://www.federalreserve.gov/releases/h10/). If no such rate is available for the relevant trading day, the most recent previously published rate will be used. If the relevant currency is not listed, another credible exchange rate source will be used.\n\nA listed company may resolve to \"No\" as soon as it becomes unable to complete an IPO, including due to acquisition, merger, or absorption by an entity that is already publicly traded.\n\nIn the event of an interruption in the course of the normal trading session on the respective companies’ first day of trading (e.g., a circuit breaker or half-day), the market will resolve according to the official closing price of the abbreviated session. If no such official closing price is published, the market will resolve according to the next trading day on which an official closing price is published, treating that as the first day of trading for purposes of this market.",
        "arbitration_model": "uma_oracle",
        "proposer": "managed_whitelist",
        "source": null,
        "source_status": "platform_named",
        "source_citation": "https://www.federalreserve.gov/releases/h10/",
        "sources": [
          {
            "name": "federalreserve.gov",
            "url": "https://www.federalreserve.gov/releases/h10/",
            "provenance": "platform_api"
          }
        ],
        "source_of_record": null,
        "source_mechanism": "precedence",
        "source_type": null,
        "source_quality": null,
        "source_commitment": "named",
        "source_commitment_subtype": "named",
        "source_hedge_text": null
      },
      "rcg": {
        "grade": "A",
        "score": 92,
        "caps": [],
        "applied_factors": 7
      },
      "last_price": 0,
      "implied_probability": 0,
      "volume_24h_usd": 0,
      "volume_total_usd": 0,
      "settlement_style": "touch",
      "direction": null,
      "threshold": null,
      "question_id": "CMX-6296FDD5DE",
      "also_on": null,
      "tags": [
        "largest ipo cap"
      ],
      "eligibility_screens": null
    },
    {
      "market_id": "CM-MKT-R9R79BDCZ4",
      "event_id": "CM-EVT-NRC039X6K7",
      "platform": "polymarket",
      "platform_market_id": "0x3a33d291185e3c269c3e02f28936014271409914805d27c0e2aa7c6d775e3ab7",
      "question": "Will Placeholder AD have the highest IPO Market Cap 2026?",
      "description": "This market will resolve to the company that achieves the highest market capitalization in U.S. dollars based on the official closing price on its first trading day in 2026.\n\nThis market will resolve to a company that completes an Initial Public Offering (IPO) between January 1 and December 31, 2026, 11:59 PM ET.\n\nMarket capitalization is defined as the total number of outstanding shares multiplied by the closing share price on the first trading day.\n\nIf two or more companies have exactly equal highest closing market capitalizations, this market will resolve to the company whose listed name co",
      "contract_type": "binary",
      "settlement_currency": "USDC",
      "underlying_reference": "Placeholder AD: The listed company completing an IPO between January 1 and December 31, 2026 with the highest market capitalization on its first trading day, calculated as outstanding shares multiplied by closing price, resolves the outcome.",
      "close_at": "2026-12-31T00:00:00Z",
      "resolve_at": "2026-12-31T00:00:00Z",
      "status": "closed",
      "resolution": {
        "rules_raw": "This market will resolve to the company that achieves the highest market capitalization in U.S. dollars based on the official closing price on its first trading day in 2026.\n\nThis market will resolve to a company that completes an Initial Public Offering (IPO) between January 1 and December 31, 2026, 11:59 PM ET.\n\nMarket capitalization is defined as the total number of outstanding shares multiplied by the closing share price on the first trading day.\n\nIf two or more companies have exactly equal highest closing market capitalizations, this market will resolve to the company whose listed name comes first alphabetically.\n\nResolution will be based on the primary exchange’s official listing page. In the event that the relevant figure is not displayed, another reliable source will be used.\n\nIn case the respective company's primary exchange’s official listing page does not report in U.S. dollars, it will be converted to U.S. dollars using the U.S. Federal Reserve Board’s H.10 foreign exchange reference rate for the relevant currency pair on the company’s first trading day (https://www.federalreserve.gov/releases/h10/). If no such rate is available for the relevant trading day, the most recent previously published rate will be used. If the relevant currency is not listed, another credible exchange rate source will be used.\n\nA listed company may resolve to \"No\" as soon as it becomes unable to complete an IPO, including due to acquisition, merger, or absorption by an entity that is already publicly traded.\n\nIn the event of an interruption in the course of the normal trading session on the respective companies’ first day of trading (e.g., a circuit breaker or half-day), the market will resolve according to the official closing price of the abbreviated session. If no such official closing price is published, the market will resolve according to the next trading day on which an official closing price is published, treating that as the first day of trading for purposes of this market.",
        "arbitration_model": "uma_oracle",
        "proposer": "managed_whitelist",
        "source": null,
        "source_status": "platform_named",
        "source_citation": "https://www.federalreserve.gov/releases/h10/",
        "sources": [
          {
            "name": "federalreserve.gov",
            "url": "https://www.federalreserve.gov/releases/h10/",
            "provenance": "platform_api"
          }
        ],
        "source_of_record": null,
        "source_mechanism": "precedence",
        "source_type": null,
        "source_quality": null,
        "source_commitment": "named",
        "source_commitment_subtype": "named",
        "source_hedge_text": null
      },
      "rcg": {
        "grade": "A",
        "score": 92,
        "caps": [],
        "applied_factors": 7
      },
      "last_price": 0,
      "implied_probability": 0,
      "volume_24h_usd": 0,
      "volume_total_usd": 0,
      "settlement_style": "touch",
      "direction": null,
      "threshold": null,
      "question_id": "CMX-A33D05E791",
      "also_on": null,
      "tags": [
        "largest ipo cap"
      ],
      "eligibility_screens": null
    },
    {
      "market_id": "CM-MKT-B5C5FDTPG6",
      "event_id": "CM-EVT-NRC039X6K7",
      "platform": "polymarket",
      "platform_market_id": "0x8e2a7665f55ef4f3c76547325356f014c163913d3081825c4eb384de86284299",
      "question": "Will Placeholder AF have the highest IPO Market Cap 2026?",
      "description": "This market will resolve to the company that achieves the highest market capitalization in U.S. dollars based on the official closing price on its first trading day in 2026.\n\nThis market will resolve to a company that completes an Initial Public Offering (IPO) between January 1 and December 31, 2026, 11:59 PM ET.\n\nMarket capitalization is defined as the total number of outstanding shares multiplied by the closing share price on the first trading day.\n\nIf two or more companies have exactly equal highest closing market capitalizations, this market will resolve to the company whose listed name co",
      "contract_type": "binary",
      "settlement_currency": "USDC",
      "underlying_reference": "Placeholder AF: The listed company completing an IPO between January 1 and December 31, 2026 with the highest market capitalization on its first trading day, calculated as outstanding shares multiplied by closing price, resolves the outcome.",
      "close_at": "2026-12-31T00:00:00Z",
      "resolve_at": "2026-12-31T00:00:00Z",
      "status": "closed",
      "resolution": {
        "rules_raw": "This market will resolve to the company that achieves the highest market capitalization in U.S. dollars based on the official closing price on its first trading day in 2026.\n\nThis market will resolve to a company that completes an Initial Public Offering (IPO) between January 1 and December 31, 2026, 11:59 PM ET.\n\nMarket capitalization is defined as the total number of outstanding shares multiplied by the closing share price on the first trading day.\n\nIf two or more companies have exactly equal highest closing market capitalizations, this market will resolve to the company whose listed name comes first alphabetically.\n\nResolution will be based on the primary exchange’s official listing page. In the event that the relevant figure is not displayed, another reliable source will be used.\n\nIn case the respective company's primary exchange’s official listing page does not report in U.S. dollars, it will be converted to U.S. dollars using the U.S. Federal Reserve Board’s H.10 foreign exchange reference rate for the relevant currency pair on the company’s first trading day (https://www.federalreserve.gov/releases/h10/). If no such rate is available for the relevant trading day, the most recent previously published rate will be used. If the relevant currency is not listed, another credible exchange rate source will be used.\n\nA listed company may resolve to \"No\" as soon as it becomes unable to complete an IPO, including due to acquisition, merger, or absorption by an entity that is already publicly traded.\n\nIn the event of an interruption in the course of the normal trading session on the respective companies’ first day of trading (e.g., a circuit breaker or half-day), the market will resolve according to the official closing price of the abbreviated session. If no such official closing price is published, the market will resolve according to the next trading day on which an official closing price is published, treating that as the first day of trading for purposes of this market.",
        "arbitration_model": "uma_oracle",
        "proposer": "managed_whitelist",
        "source": null,
        "source_status": "platform_named",
        "source_citation": "https://www.federalreserve.gov/releases/h10/",
        "sources": [
          {
            "name": "federalreserve.gov",
            "url": "https://www.federalreserve.gov/releases/h10/",
            "provenance": "platform_api"
          }
        ],
        "source_of_record": null,
        "source_mechanism": "precedence",
        "source_type": null,
        "source_quality": null,
        "source_commitment": "named",
        "source_commitment_subtype": "named",
        "source_hedge_text": null
      },
      "rcg": {
        "grade": "A",
        "score": 92,
        "caps": [],
        "applied_factors": 7
      },
      "last_price": 0,
      "implied_probability": 0,
      "volume_24h_usd": 0,
      "volume_total_usd": 0,
      "settlement_style": "touch",
      "direction": null,
      "threshold": null,
      "question_id": "CMX-D9F8204C54",
      "also_on": null,
      "tags": [
        "largest ipo cap"
      ],
      "eligibility_screens": null
    },
    {
      "market_id": "CM-MKT-13T2B8HTN9",
      "event_id": "CM-EVT-NRC039X6K7",
      "platform": "polymarket",
      "platform_market_id": "0x5f0a19b4fed0f17a20ea047309230403743639996841dd65c9549fc9d65b4896",
      "question": "Will Placeholder AH have the highest IPO Market Cap 2026?",
      "description": "This market will resolve to the company that achieves the highest market capitalization in U.S. dollars based on the official closing price on its first trading day in 2026.\n\nThis market will resolve to a company that completes an Initial Public Offering (IPO) between January 1 and December 31, 2026, 11:59 PM ET.\n\nMarket capitalization is defined as the total number of outstanding shares multiplied by the closing share price on the first trading day.\n\nIf two or more companies have exactly equal highest closing market capitalizations, this market will resolve to the company whose listed name co",
      "contract_type": "binary",
      "settlement_currency": "USDC",
      "underlying_reference": "Placeholder AH: The listed company completing an IPO between January 1 and December 31, 2026 with the highest market capitalization on its first trading day, calculated as outstanding shares multiplied by closing price, resolves the outcome.",
      "close_at": "2026-12-31T00:00:00Z",
      "resolve_at": "2026-12-31T00:00:00Z",
      "status": "closed",
      "resolution": {
        "rules_raw": "This market will resolve to the company that achieves the highest market capitalization in U.S. dollars based on the official closing price on its first trading day in 2026.\n\nThis market will resolve to a company that completes an Initial Public Offering (IPO) between January 1 and December 31, 2026, 11:59 PM ET.\n\nMarket capitalization is defined as the total number of outstanding shares multiplied by the closing share price on the first trading day.\n\nIf two or more companies have exactly equal highest closing market capitalizations, this market will resolve to the company whose listed name comes first alphabetically.\n\nResolution will be based on the primary exchange’s official listing page. In the event that the relevant figure is not displayed, another reliable source will be used.\n\nIn case the respective company's primary exchange’s official listing page does not report in U.S. dollars, it will be converted to U.S. dollars using the U.S. Federal Reserve Board’s H.10 foreign exchange reference rate for the relevant currency pair on the company’s first trading day (https://www.federalreserve.gov/releases/h10/). If no such rate is available for the relevant trading day, the most recent previously published rate will be used. If the relevant currency is not listed, another credible exchange rate source will be used.\n\nA listed company may resolve to \"No\" as soon as it becomes unable to complete an IPO, including due to acquisition, merger, or absorption by an entity that is already publicly traded.\n\nIn the event of an interruption in the course of the normal trading session on the respective companies’ first day of trading (e.g., a circuit breaker or half-day), the market will resolve according to the official closing price of the abbreviated session. If no such official closing price is published, the market will resolve according to the next trading day on which an official closing price is published, treating that as the first day of trading for purposes of this market.",
        "arbitration_model": "uma_oracle",
        "proposer": "managed_whitelist",
        "source": null,
        "source_status": "platform_named",
        "source_citation": "https://www.federalreserve.gov/releases/h10/",
        "sources": [
          {
            "name": "federalreserve.gov",
            "url": "https://www.federalreserve.gov/releases/h10/",
            "provenance": "platform_api"
          }
        ],
        "source_of_record": null,
        "source_mechanism": "precedence",
        "source_type": null,
        "source_quality": null,
        "source_commitment": "named",
        "source_commitment_subtype": "named",
        "source_hedge_text": null
      },
      "rcg": {
        "grade": "A",
        "score": 92,
        "caps": [],
        "applied_factors": 7
      },
      "last_price": 0,
      "implied_probability": 0,
      "volume_24h_usd": 0,
      "volume_total_usd": 0,
      "settlement_style": "touch",
      "direction": null,
      "threshold": null,
      "question_id": "CMX-0492630F20",
      "also_on": null,
      "tags": [
        "largest ipo cap"
      ],
      "eligibility_screens": null
    },
    {
      "market_id": "CM-MKT-MY139WNLN6",
      "event_id": "CM-EVT-NRC039X6K7",
      "platform": "polymarket",
      "platform_market_id": "0x51b0fa7905b0449373878476c9e9f181bc0e073974d10ae3208ec43718b47a07",
      "question": "Will Placeholder AJ have the highest IPO Market Cap 2026?",
      "description": "This market will resolve to the company that achieves the highest market capitalization in U.S. dollars based on the official closing price on its first trading day in 2026.\n\nThis market will resolve to a company that completes an Initial Public Offering (IPO) between January 1 and December 31, 2026, 11:59 PM ET.\n\nMarket capitalization is defined as the total number of outstanding shares multiplied by the closing share price on the first trading day.\n\nIf two or more companies have exactly equal highest closing market capitalizations, this market will resolve to the company whose listed name co",
      "contract_type": "binary",
      "settlement_currency": "USDC",
      "underlying_reference": "Placeholder AJ: The listed company completing an IPO between January 1 and December 31, 2026 with the highest market capitalization on its first trading day, calculated as outstanding shares multiplied by closing price, resolves the outcome.",
      "close_at": "2026-12-31T00:00:00Z",
      "resolve_at": "2026-12-31T00:00:00Z",
      "status": "closed",
      "resolution": {
        "rules_raw": "This market will resolve to the company that achieves the highest market capitalization in U.S. dollars based on the official closing price on its first trading day in 2026.\n\nThis market will resolve to a company that completes an Initial Public Offering (IPO) between January 1 and December 31, 2026, 11:59 PM ET.\n\nMarket capitalization is defined as the total number of outstanding shares multiplied by the closing share price on the first trading day.\n\nIf two or more companies have exactly equal highest closing market capitalizations, this market will resolve to the company whose listed name comes first alphabetically.\n\nResolution will be based on the primary exchange’s official listing page. In the event that the relevant figure is not displayed, another reliable source will be used.\n\nIn case the respective company's primary exchange’s official listing page does not report in U.S. dollars, it will be converted to U.S. dollars using the U.S. Federal Reserve Board’s H.10 foreign exchange reference rate for the relevant currency pair on the company’s first trading day (https://www.federalreserve.gov/releases/h10/). If no such rate is available for the relevant trading day, the most recent previously published rate will be used. If the relevant currency is not listed, another credible exchange rate source will be used.\n\nA listed company may resolve to \"No\" as soon as it becomes unable to complete an IPO, including due to acquisition, merger, or absorption by an entity that is already publicly traded.\n\nIn the event of an interruption in the course of the normal trading session on the respective companies’ first day of trading (e.g., a circuit breaker or half-day), the market will resolve according to the official closing price of the abbreviated session. If no such official closing price is published, the market will resolve according to the next trading day on which an official closing price is published, treating that as the first day of trading for purposes of this market.",
        "arbitration_model": "uma_oracle",
        "proposer": "managed_whitelist",
        "source": null,
        "source_status": "platform_named",
        "source_citation": "https://www.federalreserve.gov/releases/h10/",
        "sources": [
          {
            "name": "federalreserve.gov",
            "url": "https://www.federalreserve.gov/releases/h10/",
            "provenance": "platform_api"
          }
        ],
        "source_of_record": null,
        "source_mechanism": "precedence",
        "source_type": null,
        "source_quality": null,
        "source_commitment": "named",
        "source_commitment_subtype": "named",
        "source_hedge_text": null
      },
      "rcg": {
        "grade": "A",
        "score": 92,
        "caps": [],
        "applied_factors": 7
      },
      "last_price": 0,
      "implied_probability": 0,
      "volume_24h_usd": 0,
      "volume_total_usd": 0,
      "settlement_style": "touch",
      "direction": null,
      "threshold": null,
      "question_id": "CMX-C6D33E1A0F",
      "also_on": null,
      "tags": [
        "largest ipo cap"
      ],
      "eligibility_screens": null
    },
    {
      "market_id": "CM-MKT-M2QM1XFB48",
      "event_id": "CM-EVT-NRC039X6K7",
      "platform": "polymarket",
      "platform_market_id": "0xa2bece3c4cc9fa847b02c8183a5ae95e5e90f2330946340bb46b7bca7cee0536",
      "question": "Will Placeholder AK have the highest IPO Market Cap 2026?",
      "description": "This market will resolve to the company that achieves the highest market capitalization in U.S. dollars based on the official closing price on its first trading day in 2026.\n\nThis market will resolve to a company that completes an Initial Public Offering (IPO) between January 1 and December 31, 2026, 11:59 PM ET.\n\nMarket capitalization is defined as the total number of outstanding shares multiplied by the closing share price on the first trading day.\n\nIf two or more companies have exactly equal highest closing market capitalizations, this market will resolve to the company whose listed name co",
      "contract_type": "binary",
      "settlement_currency": "USDC",
      "underlying_reference": "Placeholder AK: The listed company completing an IPO between January 1 and December 31, 2026 with the highest market capitalization on its first trading day, calculated as outstanding shares multiplied by closing price, resolves the outcome.",
      "close_at": "2026-12-31T00:00:00Z",
      "resolve_at": "2026-12-31T00:00:00Z",
      "status": "closed",
      "resolution": {
        "rules_raw": "This market will resolve to the company that achieves the highest market capitalization in U.S. dollars based on the official closing price on its first trading day in 2026.\n\nThis market will resolve to a company that completes an Initial Public Offering (IPO) between January 1 and December 31, 2026, 11:59 PM ET.\n\nMarket capitalization is defined as the total number of outstanding shares multiplied by the closing share price on the first trading day.\n\nIf two or more companies have exactly equal highest closing market capitalizations, this market will resolve to the company whose listed name comes first alphabetically.\n\nResolution will be based on the primary exchange’s official listing page. In the event that the relevant figure is not displayed, another reliable source will be used.\n\nIn case the respective company's primary exchange’s official listing page does not report in U.S. dollars, it will be converted to U.S. dollars using the U.S. Federal Reserve Board’s H.10 foreign exchange reference rate for the relevant currency pair on the company’s first trading day (https://www.federalreserve.gov/releases/h10/). If no such rate is available for the relevant trading day, the most recent previously published rate will be used. If the relevant currency is not listed, another credible exchange rate source will be used.\n\nA listed company may resolve to \"No\" as soon as it becomes unable to complete an IPO, including due to acquisition, merger, or absorption by an entity that is already publicly traded.\n\nIn the event of an interruption in the course of the normal trading session on the respective companies’ first day of trading (e.g., a circuit breaker or half-day), the market will resolve according to the official closing price of the abbreviated session. If no such official closing price is published, the market will resolve according to the next trading day on which an official closing price is published, treating that as the first day of trading for purposes of this market.",
        "arbitration_model": "uma_oracle",
        "proposer": "managed_whitelist",
        "source": null,
        "source_status": "platform_named",
        "source_citation": "https://www.federalreserve.gov/releases/h10/",
        "sources": [
          {
            "name": "federalreserve.gov",
            "url": "https://www.federalreserve.gov/releases/h10/",
            "provenance": "platform_api"
          }
        ],
        "source_of_record": null,
        "source_mechanism": "precedence",
        "source_type": null,
        "source_quality": null,
        "source_commitment": "named",
        "source_commitment_subtype": "named",
        "source_hedge_text": null
      },
      "rcg": {
        "grade": "A",
        "score": 92,
        "caps": [],
        "applied_factors": 7
      },
      "last_price": 0,
      "implied_probability": 0,
      "volume_24h_usd": 0,
      "volume_total_usd": 0,
      "settlement_style": "touch",
      "direction": null,
      "threshold": null,
      "question_id": "CMX-DF50D7DB0E",
      "also_on": null,
      "tags": [
        "largest ipo cap"
      ],
      "eligibility_screens": null
    },
    {
      "market_id": "CM-MKT-Z2CR7DMFP8",
      "event_id": "CM-EVT-NRC039X6K7",
      "platform": "polymarket",
      "platform_market_id": "0xd420a0cdf96f273a1a14513be1fa9bced36eaa0ece223a1f121893b89e70dc05",
      "question": "Will Placeholder AP have the highest IPO Market Cap 2026?",
      "description": "This market will resolve to the company that achieves the highest market capitalization in U.S. dollars based on the official closing price on its first trading day in 2026.\n\nThis market will resolve to a company that completes an Initial Public Offering (IPO) between January 1 and December 31, 2026, 11:59 PM ET.\n\nMarket capitalization is defined as the total number of outstanding shares multiplied by the closing share price on the first trading day.\n\nIf two or more companies have exactly equal highest closing market capitalizations, this market will resolve to the company whose listed name co",
      "contract_type": "binary",
      "settlement_currency": "USDC",
      "underlying_reference": "Placeholder AP: The listed company completing an IPO between January 1 and December 31, 2026 with the highest market capitalization on its first trading day, calculated as outstanding shares multiplied by closing price, resolves the outcome.",
      "close_at": "2026-12-31T00:00:00Z",
      "resolve_at": "2026-12-31T00:00:00Z",
      "status": "closed",
      "resolution": {
        "rules_raw": "This market will resolve to the company that achieves the highest market capitalization in U.S. dollars based on the official closing price on its first trading day in 2026.\n\nThis market will resolve to a company that completes an Initial Public Offering (IPO) between January 1 and December 31, 2026, 11:59 PM ET.\n\nMarket capitalization is defined as the total number of outstanding shares multiplied by the closing share price on the first trading day.\n\nIf two or more companies have exactly equal highest closing market capitalizations, this market will resolve to the company whose listed name comes first alphabetically.\n\nResolution will be based on the primary exchange’s official listing page. In the event that the relevant figure is not displayed, another reliable source will be used.\n\nIn case the respective company's primary exchange’s official listing page does not report in U.S. dollars, it will be converted to U.S. dollars using the U.S. Federal Reserve Board’s H.10 foreign exchange reference rate for the relevant currency pair on the company’s first trading day (https://www.federalreserve.gov/releases/h10/). If no such rate is available for the relevant trading day, the most recent previously published rate will be used. If the relevant currency is not listed, another credible exchange rate source will be used.\n\nA listed company may resolve to \"No\" as soon as it becomes unable to complete an IPO, including due to acquisition, merger, or absorption by an entity that is already publicly traded.\n\nIn the event of an interruption in the course of the normal trading session on the respective companies’ first day of trading (e.g., a circuit breaker or half-day), the market will resolve according to the official closing price of the abbreviated session. If no such official closing price is published, the market will resolve according to the next trading day on which an official closing price is published, treating that as the first day of trading for purposes of this market.",
        "arbitration_model": "uma_oracle",
        "proposer": "managed_whitelist",
        "source": null,
        "source_status": "platform_named",
        "source_citation": "https://www.federalreserve.gov/releases/h10/",
        "sources": [
          {
            "name": "federalreserve.gov",
            "url": "https://www.federalreserve.gov/releases/h10/",
            "provenance": "platform_api"
          }
        ],
        "source_of_record": null,
        "source_mechanism": "precedence",
        "source_type": null,
        "source_quality": null,
        "source_commitment": "named",
        "source_commitment_subtype": "named",
        "source_hedge_text": null
      },
      "rcg": {
        "grade": "A",
        "score": 92,
        "caps": [],
        "applied_factors": 7
      },
      "last_price": 0,
      "implied_probability": 0,
      "volume_24h_usd": 0,
      "volume_total_usd": 0,
      "settlement_style": "touch",
      "direction": null,
      "threshold": null,
      "question_id": "CMX-28E22CBA7A",
      "also_on": null,
      "tags": [
        "largest ipo cap"
      ],
      "eligibility_screens": null
    },
    {
      "market_id": "CM-MKT-KBCR7H3F43",
      "event_id": "CM-EVT-NRC039X6K7",
      "platform": "polymarket",
      "platform_market_id": "0x7b84c39a52cca5102ee90e22bd4cd45b6b3d6a3336d2d2c50b5ac187f5530724",
      "question": "Will Placeholder AS have the highest IPO Market Cap 2026?",
      "description": "This market will resolve to the company that achieves the highest market capitalization in U.S. dollars based on the official closing price on its first trading day in 2026.\n\nThis market will resolve to a company that completes an Initial Public Offering (IPO) between January 1 and December 31, 2026, 11:59 PM ET.\n\nMarket capitalization is defined as the total number of outstanding shares multiplied by the closing share price on the first trading day.\n\nIf two or more companies have exactly equal highest closing market capitalizations, this market will resolve to the company whose listed name co",
      "contract_type": "binary",
      "settlement_currency": "USDC",
      "underlying_reference": "Placeholder AS: The listed company completing an IPO between January 1 and December 31, 2026 with the highest market capitalization on its first trading day, calculated as outstanding shares multiplied by closing price, resolves the outcome.",
      "close_at": "2026-12-31T00:00:00Z",
      "resolve_at": "2026-12-31T00:00:00Z",
      "status": "closed",
      "resolution": {
        "rules_raw": "This market will resolve to the company that achieves the highest market capitalization in U.S. dollars based on the official closing price on its first trading day in 2026.\n\nThis market will resolve to a company that completes an Initial Public Offering (IPO) between January 1 and December 31, 2026, 11:59 PM ET.\n\nMarket capitalization is defined as the total number of outstanding shares multiplied by the closing share price on the first trading day.\n\nIf two or more companies have exactly equal highest closing market capitalizations, this market will resolve to the company whose listed name comes first alphabetically.\n\nResolution will be based on the primary exchange’s official listing page. In the event that the relevant figure is not displayed, another reliable source will be used.\n\nIn case the respective company's primary exchange’s official listing page does not report in U.S. dollars, it will be converted to U.S. dollars using the U.S. Federal Reserve Board’s H.10 foreign exchange reference rate for the relevant currency pair on the company’s first trading day (https://www.federalreserve.gov/releases/h10/). If no such rate is available for the relevant trading day, the most recent previously published rate will be used. If the relevant currency is not listed, another credible exchange rate source will be used.\n\nA listed company may resolve to \"No\" as soon as it becomes unable to complete an IPO, including due to acquisition, merger, or absorption by an entity that is already publicly traded.\n\nIn the event of an interruption in the course of the normal trading session on the respective companies’ first day of trading (e.g., a circuit breaker or half-day), the market will resolve according to the official closing price of the abbreviated session. If no such official closing price is published, the market will resolve according to the next trading day on which an official closing price is published, treating that as the first day of trading for purposes of this market.",
        "arbitration_model": "uma_oracle",
        "proposer": "managed_whitelist",
        "source": null,
        "source_status": "platform_named",
        "source_citation": "https://www.federalreserve.gov/releases/h10/",
        "sources": [
          {
            "name": "federalreserve.gov",
            "url": "https://www.federalreserve.gov/releases/h10/",
            "provenance": "platform_api"
          }
        ],
        "source_of_record": null,
        "source_mechanism": "precedence",
        "source_type": null,
        "source_quality": null,
        "source_commitment": "named",
        "source_commitment_subtype": "named",
        "source_hedge_text": null
      },
      "rcg": {
        "grade": "A",
        "score": 92,
        "caps": [],
        "applied_factors": 7
      },
      "last_price": 0,
      "implied_probability": 0,
      "volume_24h_usd": 0,
      "volume_total_usd": 0,
      "settlement_style": "touch",
      "direction": null,
      "threshold": null,
      "question_id": "CMX-9FE8976A39",
      "also_on": null,
      "tags": [
        "largest ipo cap"
      ],
      "eligibility_screens": null
    },
    {
      "market_id": "CM-MKT-G4X9FTB2K2",
      "event_id": "CM-EVT-NRC039X6K7",
      "platform": "polymarket",
      "platform_market_id": "0x2035c424554303db847017553c88a52569ba6c3e02f3d2e9e1aaa2d6ba66aedf",
      "question": "Will Placeholder AY have the highest IPO Market Cap 2026?",
      "description": "This market will resolve to the company that achieves the highest market capitalization in U.S. dollars based on the official closing price on its first trading day in 2026.\n\nThis market will resolve to a company that completes an Initial Public Offering (IPO) between January 1 and December 31, 2026, 11:59 PM ET.\n\nMarket capitalization is defined as the total number of outstanding shares multiplied by the closing share price on the first trading day.\n\nIf two or more companies have exactly equal highest closing market capitalizations, this market will resolve to the company whose listed name co",
      "contract_type": "binary",
      "settlement_currency": "USDC",
      "underlying_reference": "Placeholder AY: The listed company completing an IPO between January 1 and December 31, 2026 with the highest market capitalization on its first trading day, calculated as outstanding shares multiplied by closing price, resolves the outcome.",
      "close_at": "2026-12-31T00:00:00Z",
      "resolve_at": "2026-12-31T00:00:00Z",
      "status": "closed",
      "resolution": {
        "rules_raw": "This market will resolve to the company that achieves the highest market capitalization in U.S. dollars based on the official closing price on its first trading day in 2026.\n\nThis market will resolve to a company that completes an Initial Public Offering (IPO) between January 1 and December 31, 2026, 11:59 PM ET.\n\nMarket capitalization is defined as the total number of outstanding shares multiplied by the closing share price on the first trading day.\n\nIf two or more companies have exactly equal highest closing market capitalizations, this market will resolve to the company whose listed name comes first alphabetically.\n\nResolution will be based on the primary exchange’s official listing page. In the event that the relevant figure is not displayed, another reliable source will be used.\n\nIn case the respective company's primary exchange’s official listing page does not report in U.S. dollars, it will be converted to U.S. dollars using the U.S. Federal Reserve Board’s H.10 foreign exchange reference rate for the relevant currency pair on the company’s first trading day (https://www.federalreserve.gov/releases/h10/). If no such rate is available for the relevant trading day, the most recent previously published rate will be used. If the relevant currency is not listed, another credible exchange rate source will be used.\n\nA listed company may resolve to \"No\" as soon as it becomes unable to complete an IPO, including due to acquisition, merger, or absorption by an entity that is already publicly traded.\n\nIn the event of an interruption in the course of the normal trading session on the respective companies’ first day of trading (e.g., a circuit breaker or half-day), the market will resolve according to the official closing price of the abbreviated session. If no such official closing price is published, the market will resolve according to the next trading day on which an official closing price is published, treating that as the first day of trading for purposes of this market.",
        "arbitration_model": "uma_oracle",
        "proposer": "managed_whitelist",
        "source": null,
        "source_status": "platform_named",
        "source_citation": "https://www.federalreserve.gov/releases/h10/",
        "sources": [
          {
            "name": "federalreserve.gov",
            "url": "https://www.federalreserve.gov/releases/h10/",
            "provenance": "platform_api"
          }
        ],
        "source_of_record": null,
        "source_mechanism": "precedence",
        "source_type": null,
        "source_quality": null,
        "source_commitment": "named",
        "source_commitment_subtype": "named",
        "source_hedge_text": null
      },
      "rcg": {
        "grade": "A",
        "score": 92,
        "caps": [],
        "applied_factors": 7
      },
      "last_price": 0,
      "implied_probability": 0,
      "volume_24h_usd": 0,
      "volume_total_usd": 0,
      "settlement_style": "touch",
      "direction": null,
      "threshold": null,
      "question_id": "CMX-7B6334F9DA",
      "also_on": null,
      "tags": [
        "largest ipo cap"
      ],
      "eligibility_screens": null
    },
    {
      "market_id": "CM-MKT-7D162WQGD3",
      "event_id": "CM-EVT-NRC039X6K7",
      "platform": "polymarket",
      "platform_market_id": "0xf440ce017999424b9e16033bfdf3dd2ad0a74850793265327960d32fd016f715",
      "question": "Will Placeholder BD have the highest IPO Market Cap 2026?",
      "description": "This market will resolve to the company that achieves the highest market capitalization in U.S. dollars based on the official closing price on its first trading day in 2026.\n\nThis market will resolve to a company that completes an Initial Public Offering (IPO) between January 1 and December 31, 2026, 11:59 PM ET.\n\nMarket capitalization is defined as the total number of outstanding shares multiplied by the closing share price on the first trading day.\n\nIf two or more companies have exactly equal highest closing market capitalizations, this market will resolve to the company whose listed name co",
      "contract_type": "binary",
      "settlement_currency": "USDC",
      "underlying_reference": "Placeholder BD: The listed company completing an IPO between January 1 and December 31, 2026 with the highest market capitalization on its first trading day, calculated as outstanding shares multiplied by closing price, resolves the outcome.",
      "close_at": "2026-12-31T00:00:00Z",
      "resolve_at": "2026-12-31T00:00:00Z",
      "status": "closed",
      "resolution": {
        "rules_raw": "This market will resolve to the company that achieves the highest market capitalization in U.S. dollars based on the official closing price on its first trading day in 2026.\n\nThis market will resolve to a company that completes an Initial Public Offering (IPO) between January 1 and December 31, 2026, 11:59 PM ET.\n\nMarket capitalization is defined as the total number of outstanding shares multiplied by the closing share price on the first trading day.\n\nIf two or more companies have exactly equal highest closing market capitalizations, this market will resolve to the company whose listed name comes first alphabetically.\n\nResolution will be based on the primary exchange’s official listing page. In the event that the relevant figure is not displayed, another reliable source will be used.\n\nIn case the respective company's primary exchange’s official listing page does not report in U.S. dollars, it will be converted to U.S. dollars using the U.S. Federal Reserve Board’s H.10 foreign exchange reference rate for the relevant currency pair on the company’s first trading day (https://www.federalreserve.gov/releases/h10/). If no such rate is available for the relevant trading day, the most recent previously published rate will be used. If the relevant currency is not listed, another credible exchange rate source will be used.\n\nA listed company may resolve to \"No\" as soon as it becomes unable to complete an IPO, including due to acquisition, merger, or absorption by an entity that is already publicly traded.\n\nIn the event of an interruption in the course of the normal trading session on the respective companies’ first day of trading (e.g., a circuit breaker or half-day), the market will resolve according to the official closing price of the abbreviated session. If no such official closing price is published, the market will resolve according to the next trading day on which an official closing price is published, treating that as the first day of trading for purposes of this market.",
        "arbitration_model": "uma_oracle",
        "proposer": "managed_whitelist",
        "source": null,
        "source_status": "platform_named",
        "source_citation": "https://www.federalreserve.gov/releases/h10/",
        "sources": [
          {
            "name": "federalreserve.gov",
            "url": "https://www.federalreserve.gov/releases/h10/",
            "provenance": "platform_api"
          }
        ],
        "source_of_record": null,
        "source_mechanism": "precedence",
        "source_type": null,
        "source_quality": null,
        "source_commitment": "named",
        "source_commitment_subtype": "named",
        "source_hedge_text": null
      },
      "rcg": {
        "grade": "A",
        "score": 92,
        "caps": [],
        "applied_factors": 7
      },
      "last_price": 0,
      "implied_probability": 0,
      "volume_24h_usd": 0,
      "volume_total_usd": 0,
      "settlement_style": "touch",
      "direction": null,
      "threshold": null,
      "question_id": "CMX-0EC63ED86A",
      "also_on": null,
      "tags": [
        "largest ipo cap"
      ],
      "eligibility_screens": null
    },
    {
      "market_id": "CM-MKT-F2J089M827",
      "event_id": "CM-EVT-NRC039X6K7",
      "platform": "polymarket",
      "platform_market_id": "0x793c967812996fce38b4a7f5e4b2f3213535ec59eac30874360f7d34f538272b",
      "question": "Will Placeholder BH have the highest IPO Market Cap 2026?",
      "description": "This market will resolve to the company that achieves the highest market capitalization in U.S. dollars based on the official closing price on its first trading day in 2026.\n\nThis market will resolve to a company that completes an Initial Public Offering (IPO) between January 1 and December 31, 2026, 11:59 PM ET.\n\nMarket capitalization is defined as the total number of outstanding shares multiplied by the closing share price on the first trading day.\n\nIf two or more companies have exactly equal highest closing market capitalizations, this market will resolve to the company whose listed name co",
      "contract_type": "binary",
      "settlement_currency": "USDC",
      "underlying_reference": "Placeholder BH: The listed company completing an IPO between January 1 and December 31, 2026 with the highest market capitalization on its first trading day, calculated as outstanding shares multiplied by closing price, resolves the outcome.",
      "close_at": "2026-12-31T00:00:00Z",
      "resolve_at": "2026-12-31T00:00:00Z",
      "status": "closed",
      "resolution": {
        "rules_raw": "This market will resolve to the company that achieves the highest market capitalization in U.S. dollars based on the official closing price on its first trading day in 2026.\n\nThis market will resolve to a company that completes an Initial Public Offering (IPO) between January 1 and December 31, 2026, 11:59 PM ET.\n\nMarket capitalization is defined as the total number of outstanding shares multiplied by the closing share price on the first trading day.\n\nIf two or more companies have exactly equal highest closing market capitalizations, this market will resolve to the company whose listed name comes first alphabetically.\n\nResolution will be based on the primary exchange’s official listing page. In the event that the relevant figure is not displayed, another reliable source will be used.\n\nIn case the respective company's primary exchange’s official listing page does not report in U.S. dollars, it will be converted to U.S. dollars using the U.S. Federal Reserve Board’s H.10 foreign exchange reference rate for the relevant currency pair on the company’s first trading day (https://www.federalreserve.gov/releases/h10/). If no such rate is available for the relevant trading day, the most recent previously published rate will be used. If the relevant currency is not listed, another credible exchange rate source will be used.\n\nA listed company may resolve to \"No\" as soon as it becomes unable to complete an IPO, including due to acquisition, merger, or absorption by an entity that is already publicly traded.\n\nIn the event of an interruption in the course of the normal trading session on the respective companies’ first day of trading (e.g., a circuit breaker or half-day), the market will resolve according to the official closing price of the abbreviated session. If no such official closing price is published, the market will resolve according to the next trading day on which an official closing price is published, treating that as the first day of trading for purposes of this market.",
        "arbitration_model": "uma_oracle",
        "proposer": "managed_whitelist",
        "source": null,
        "source_status": "platform_named",
        "source_citation": "https://www.federalreserve.gov/releases/h10/",
        "sources": [
          {
            "name": "federalreserve.gov",
            "url": "https://www.federalreserve.gov/releases/h10/",
            "provenance": "platform_api"
          }
        ],
        "source_of_record": null,
        "source_mechanism": "precedence",
        "source_type": null,
        "source_quality": null,
        "source_commitment": "named",
        "source_commitment_subtype": "named",
        "source_hedge_text": null
      },
      "rcg": {
        "grade": "A",
        "score": 92,
        "caps": [],
        "applied_factors": 7
      },
      "last_price": 0,
      "implied_probability": 0,
      "volume_24h_usd": 0,
      "volume_total_usd": 0,
      "settlement_style": "touch",
      "direction": null,
      "threshold": null,
      "question_id": "CMX-9AE731266F",
      "also_on": null,
      "tags": [
        "largest ipo cap"
      ],
      "eligibility_screens": null
    },
    {
      "market_id": "CM-MKT-VBHBL1W7D6",
      "event_id": "CM-EVT-NRC039X6K7",
      "platform": "polymarket",
      "platform_market_id": "0x5183377f1b38cee9ad100289db7d16d0f5f1939947fe26558ee6b78fbdb01290",
      "question": "Will Placeholder L have the highest IPO Market Cap 2026?",
      "description": "This market will resolve to the company that achieves the highest market capitalization in U.S. dollars based on the official closing price on its first trading day in 2026.\n\nThis market will resolve to a company that completes an Initial Public Offering (IPO) between January 1 and December 31, 2026, 11:59 PM ET.\n\nMarket capitalization is defined as the total number of outstanding shares multiplied by the closing share price on the first trading day.\n\nIf two or more companies have exactly equal highest closing market capitalizations, this market will resolve to the company whose listed name co",
      "contract_type": "binary",
      "settlement_currency": "USDC",
      "underlying_reference": "Placeholder L: The listed company completing an IPO between January 1 and December 31, 2026 with the highest market capitalization on its first trading day, calculated as outstanding shares multiplied by closing price, resolves the outcome.",
      "close_at": "2026-12-31T00:00:00Z",
      "resolve_at": "2026-12-31T00:00:00Z",
      "status": "closed",
      "resolution": {
        "rules_raw": "This market will resolve to the company that achieves the highest market capitalization in U.S. dollars based on the official closing price on its first trading day in 2026.\n\nThis market will resolve to a company that completes an Initial Public Offering (IPO) between January 1 and December 31, 2026, 11:59 PM ET.\n\nMarket capitalization is defined as the total number of outstanding shares multiplied by the closing share price on the first trading day.\n\nIf two or more companies have exactly equal highest closing market capitalizations, this market will resolve to the company whose listed name comes first alphabetically.\n\nResolution will be based on the primary exchange’s official listing page. In the event that the relevant figure is not displayed, another reliable source will be used.\n\nIn case the respective company's primary exchange’s official listing page does not report in U.S. dollars, it will be converted to U.S. dollars using the U.S. Federal Reserve Board’s H.10 foreign exchange reference rate for the relevant currency pair on the company’s first trading day (https://www.federalreserve.gov/releases/h10/). If no such rate is available for the relevant trading day, the most recent previously published rate will be used. If the relevant currency is not listed, another credible exchange rate source will be used.\n\nA listed company may resolve to \"No\" as soon as it becomes unable to complete an IPO, including due to acquisition, merger, or absorption by an entity that is already publicly traded.\n\nIn the event of an interruption in the course of the normal trading session on the respective companies’ first day of trading (e.g., a circuit breaker or half-day), the market will resolve according to the official closing price of the abbreviated session. If no such official closing price is published, the market will resolve according to the next trading day on which an official closing price is published, treating that as the first day of trading for purposes of this market.",
        "arbitration_model": "uma_oracle",
        "proposer": "managed_whitelist",
        "source": null,
        "source_status": "platform_named",
        "source_citation": "https://www.federalreserve.gov/releases/h10/",
        "sources": [
          {
            "name": "federalreserve.gov",
            "url": "https://www.federalreserve.gov/releases/h10/",
            "provenance": "platform_api"
          }
        ],
        "source_of_record": null,
        "source_mechanism": "precedence",
        "source_type": null,
        "source_quality": null,
        "source_commitment": "named",
        "source_commitment_subtype": "named",
        "source_hedge_text": null
      },
      "rcg": {
        "grade": "A",
        "score": 92,
        "caps": [],
        "applied_factors": 7
      },
      "last_price": 0,
      "implied_probability": 0,
      "volume_24h_usd": 0,
      "volume_total_usd": 0,
      "settlement_style": "touch",
      "direction": null,
      "threshold": null,
      "question_id": "CMX-9E206B7E77",
      "also_on": null,
      "tags": [
        "largest ipo cap"
      ],
      "eligibility_screens": null
    },
    {
      "market_id": "CM-MKT-LM026V0PD4",
      "event_id": "CM-EVT-NRC039X6K7",
      "platform": "polymarket",
      "platform_market_id": "0xdb2141648394b498008e6276e0981823a9253fab368fc262a26d097b9d1b634a",
      "question": "Will Placeholder M have the highest IPO Market Cap 2026?",
      "description": "This market will resolve to the company that achieves the highest market capitalization in U.S. dollars based on the official closing price on its first trading day in 2026.\n\nThis market will resolve to a company that completes an Initial Public Offering (IPO) between January 1 and December 31, 2026, 11:59 PM ET.\n\nMarket capitalization is defined as the total number of outstanding shares multiplied by the closing share price on the first trading day.\n\nIf two or more companies have exactly equal highest closing market capitalizations, this market will resolve to the company whose listed name co",
      "contract_type": "binary",
      "settlement_currency": "USDC",
      "underlying_reference": "Placeholder M: The listed company completing an IPO between January 1 and December 31, 2026 with the highest market capitalization on its first trading day, calculated as outstanding shares multiplied by closing price, resolves the outcome.",
      "close_at": "2026-12-31T00:00:00Z",
      "resolve_at": "2026-12-31T00:00:00Z",
      "status": "closed",
      "resolution": {
        "rules_raw": "This market will resolve to the company that achieves the highest market capitalization in U.S. dollars based on the official closing price on its first trading day in 2026.\n\nThis market will resolve to a company that completes an Initial Public Offering (IPO) between January 1 and December 31, 2026, 11:59 PM ET.\n\nMarket capitalization is defined as the total number of outstanding shares multiplied by the closing share price on the first trading day.\n\nIf two or more companies have exactly equal highest closing market capitalizations, this market will resolve to the company whose listed name comes first alphabetically.\n\nResolution will be based on the primary exchange’s official listing page. In the event that the relevant figure is not displayed, another reliable source will be used.\n\nIn case the respective company's primary exchange’s official listing page does not report in U.S. dollars, it will be converted to U.S. dollars using the U.S. Federal Reserve Board’s H.10 foreign exchange reference rate for the relevant currency pair on the company’s first trading day (https://www.federalreserve.gov/releases/h10/). If no such rate is available for the relevant trading day, the most recent previously published rate will be used. If the relevant currency is not listed, another credible exchange rate source will be used.\n\nA listed company may resolve to \"No\" as soon as it becomes unable to complete an IPO, including due to acquisition, merger, or absorption by an entity that is already publicly traded.\n\nIn the event of an interruption in the course of the normal trading session on the respective companies’ first day of trading (e.g., a circuit breaker or half-day), the market will resolve according to the official closing price of the abbreviated session. If no such official closing price is published, the market will resolve according to the next trading day on which an official closing price is published, treating that as the first day of trading for purposes of this market.",
        "arbitration_model": "uma_oracle",
        "proposer": "managed_whitelist",
        "source": null,
        "source_status": "platform_named",
        "source_citation": "https://www.federalreserve.gov/releases/h10/",
        "sources": [
          {
            "name": "federalreserve.gov",
            "url": "https://www.federalreserve.gov/releases/h10/",
            "provenance": "platform_api"
          }
        ],
        "source_of_record": null,
        "source_mechanism": "precedence",
        "source_type": null,
        "source_quality": null,
        "source_commitment": "named",
        "source_commitment_subtype": "named",
        "source_hedge_text": null
      },
      "rcg": {
        "grade": "A",
        "score": 92,
        "caps": [],
        "applied_factors": 7
      },
      "last_price": 0,
      "implied_probability": 0,
      "volume_24h_usd": 0,
      "volume_total_usd": 0,
      "settlement_style": "touch",
      "direction": null,
      "threshold": null,
      "question_id": "CMX-5D819F31C9",
      "also_on": null,
      "tags": [
        "largest ipo cap"
      ],
      "eligibility_screens": null
    },
    {
      "market_id": "CM-MKT-NSPY403483",
      "event_id": "CM-EVT-NRC039X6K7",
      "platform": "polymarket",
      "platform_market_id": "0x7d3b2338be5a0bcf1c5fb8b12a354c827e0a24864ccd7d8d920fba76e74b4a25",
      "question": "Will Placeholder T have the highest IPO Market Cap 2026?",
      "description": "This market will resolve to the company that achieves the highest market capitalization in U.S. dollars based on the official closing price on its first trading day in 2026.\n\nThis market will resolve to a company that completes an Initial Public Offering (IPO) between January 1 and December 31, 2026, 11:59 PM ET.\n\nMarket capitalization is defined as the total number of outstanding shares multiplied by the closing share price on the first trading day.\n\nIf two or more companies have exactly equal highest closing market capitalizations, this market will resolve to the company whose listed name co",
      "contract_type": "binary",
      "settlement_currency": "USDC",
      "underlying_reference": "Placeholder T: The listed company completing an IPO between January 1 and December 31, 2026 with the highest market capitalization on its first trading day, calculated as outstanding shares multiplied by closing price, resolves the outcome.",
      "close_at": "2026-12-31T00:00:00Z",
      "resolve_at": "2026-12-31T00:00:00Z",
      "status": "closed",
      "resolution": {
        "rules_raw": "This market will resolve to the company that achieves the highest market capitalization in U.S. dollars based on the official closing price on its first trading day in 2026.\n\nThis market will resolve to a company that completes an Initial Public Offering (IPO) between January 1 and December 31, 2026, 11:59 PM ET.\n\nMarket capitalization is defined as the total number of outstanding shares multiplied by the closing share price on the first trading day.\n\nIf two or more companies have exactly equal highest closing market capitalizations, this market will resolve to the company whose listed name comes first alphabetically.\n\nResolution will be based on the primary exchange’s official listing page. In the event that the relevant figure is not displayed, another reliable source will be used.\n\nIn case the respective company's primary exchange’s official listing page does not report in U.S. dollars, it will be converted to U.S. dollars using the U.S. Federal Reserve Board’s H.10 foreign exchange reference rate for the relevant currency pair on the company’s first trading day (https://www.federalreserve.gov/releases/h10/). If no such rate is available for the relevant trading day, the most recent previously published rate will be used. If the relevant currency is not listed, another credible exchange rate source will be used.\n\nA listed company may resolve to \"No\" as soon as it becomes unable to complete an IPO, including due to acquisition, merger, or absorption by an entity that is already publicly traded.\n\nIn the event of an interruption in the course of the normal trading session on the respective companies’ first day of trading (e.g., a circuit breaker or half-day), the market will resolve according to the official closing price of the abbreviated session. If no such official closing price is published, the market will resolve according to the next trading day on which an official closing price is published, treating that as the first day of trading for purposes of this market.",
        "arbitration_model": "uma_oracle",
        "proposer": "managed_whitelist",
        "source": null,
        "source_status": "platform_named",
        "source_citation": "https://www.federalreserve.gov/releases/h10/",
        "sources": [
          {
            "name": "federalreserve.gov",
            "url": "https://www.federalreserve.gov/releases/h10/",
            "provenance": "platform_api"
          }
        ],
        "source_of_record": null,
        "source_mechanism": "precedence",
        "source_type": null,
        "source_quality": null,
        "source_commitment": "named",
        "source_commitment_subtype": "named",
        "source_hedge_text": null
      },
      "rcg": {
        "grade": "A",
        "score": 92,
        "caps": [],
        "applied_factors": 7
      },
      "last_price": 0,
      "implied_probability": 0,
      "volume_24h_usd": 0,
      "volume_total_usd": 0,
      "settlement_style": "touch",
      "direction": null,
      "threshold": null,
      "question_id": "CMX-6D17B863B7",
      "also_on": null,
      "tags": [
        "largest ipo cap"
      ],
      "eligibility_screens": null
    },
    {
      "market_id": "CM-MKT-4M7825T9D1",
      "event_id": "CM-EVT-NRC039X6K7",
      "platform": "polymarket",
      "platform_market_id": "0x370fd69bf5211703eaba65ace7f6442b11ed2799c87951d083faa470cda50124",
      "question": "Will Placeholder U have the highest IPO Market Cap 2026?",
      "description": "This market will resolve to the company that achieves the highest market capitalization in U.S. dollars based on the official closing price on its first trading day in 2026.\n\nThis market will resolve to a company that completes an Initial Public Offering (IPO) between January 1 and December 31, 2026, 11:59 PM ET.\n\nMarket capitalization is defined as the total number of outstanding shares multiplied by the closing share price on the first trading day.\n\nIf two or more companies have exactly equal highest closing market capitalizations, this market will resolve to the company whose listed name co",
      "contract_type": "binary",
      "settlement_currency": "USDC",
      "underlying_reference": "Placeholder U: The listed company completing an IPO between January 1 and December 31, 2026 with the highest market capitalization on its first trading day, calculated as outstanding shares multiplied by closing price, resolves the outcome.",
      "close_at": "2026-12-31T00:00:00Z",
      "resolve_at": "2026-12-31T00:00:00Z",
      "status": "closed",
      "resolution": {
        "rules_raw": "This market will resolve to the company that achieves the highest market capitalization in U.S. dollars based on the official closing price on its first trading day in 2026.\n\nThis market will resolve to a company that completes an Initial Public Offering (IPO) between January 1 and December 31, 2026, 11:59 PM ET.\n\nMarket capitalization is defined as the total number of outstanding shares multiplied by the closing share price on the first trading day.\n\nIf two or more companies have exactly equal highest closing market capitalizations, this market will resolve to the company whose listed name comes first alphabetically.\n\nResolution will be based on the primary exchange’s official listing page. In the event that the relevant figure is not displayed, another reliable source will be used.\n\nIn case the respective company's primary exchange’s official listing page does not report in U.S. dollars, it will be converted to U.S. dollars using the U.S. Federal Reserve Board’s H.10 foreign exchange reference rate for the relevant currency pair on the company’s first trading day (https://www.federalreserve.gov/releases/h10/). If no such rate is available for the relevant trading day, the most recent previously published rate will be used. If the relevant currency is not listed, another credible exchange rate source will be used.\n\nA listed company may resolve to \"No\" as soon as it becomes unable to complete an IPO, including due to acquisition, merger, or absorption by an entity that is already publicly traded.\n\nIn the event of an interruption in the course of the normal trading session on the respective companies’ first day of trading (e.g., a circuit breaker or half-day), the market will resolve according to the official closing price of the abbreviated session. If no such official closing price is published, the market will resolve according to the next trading day on which an official closing price is published, treating that as the first day of trading for purposes of this market.",
        "arbitration_model": "uma_oracle",
        "proposer": "managed_whitelist",
        "source": null,
        "source_status": "platform_named",
        "source_citation": "https://www.federalreserve.gov/releases/h10/",
        "sources": [
          {
            "name": "federalreserve.gov",
            "url": "https://www.federalreserve.gov/releases/h10/",
            "provenance": "platform_api"
          }
        ],
        "source_of_record": null,
        "source_mechanism": "precedence",
        "source_type": null,
        "source_quality": null,
        "source_commitment": "named",
        "source_commitment_subtype": "named",
        "source_hedge_text": null
      },
      "rcg": {
        "grade": "A",
        "score": 92,
        "caps": [],
        "applied_factors": 7
      },
      "last_price": 0,
      "implied_probability": 0,
      "volume_24h_usd": 0,
      "volume_total_usd": 0,
      "settlement_style": "touch",
      "direction": null,
      "threshold": null,
      "question_id": "CMX-2315F781E9",
      "also_on": null,
      "tags": [
        "largest ipo cap"
      ],
      "eligibility_screens": null
    },
    {
      "market_id": "CM-MKT-DN3R1NG9X0",
      "event_id": "CM-EVT-NRC039X6K7",
      "platform": "polymarket",
      "platform_market_id": "0x6e436b1ac5d7f47e9d979de777a7420bad8e7f5ae70fe5d74aef42267915c54a",
      "question": "Will Placeholder W have the highest IPO Market Cap 2026?",
      "description": "This market will resolve to the company that achieves the highest market capitalization in U.S. dollars based on the official closing price on its first trading day in 2026.\n\nThis market will resolve to a company that completes an Initial Public Offering (IPO) between January 1 and December 31, 2026, 11:59 PM ET.\n\nMarket capitalization is defined as the total number of outstanding shares multiplied by the closing share price on the first trading day.\n\nIf two or more companies have exactly equal highest closing market capitalizations, this market will resolve to the company whose listed name co",
      "contract_type": "binary",
      "settlement_currency": "USDC",
      "underlying_reference": "Placeholder W: The listed company completing an IPO between January 1 and December 31, 2026 with the highest market capitalization on its first trading day, calculated as outstanding shares multiplied by closing price, resolves the outcome.",
      "close_at": "2026-12-31T00:00:00Z",
      "resolve_at": "2026-12-31T00:00:00Z",
      "status": "closed",
      "resolution": {
        "rules_raw": "This market will resolve to the company that achieves the highest market capitalization in U.S. dollars based on the official closing price on its first trading day in 2026.\n\nThis market will resolve to a company that completes an Initial Public Offering (IPO) between January 1 and December 31, 2026, 11:59 PM ET.\n\nMarket capitalization is defined as the total number of outstanding shares multiplied by the closing share price on the first trading day.\n\nIf two or more companies have exactly equal highest closing market capitalizations, this market will resolve to the company whose listed name comes first alphabetically.\n\nResolution will be based on the primary exchange’s official listing page. In the event that the relevant figure is not displayed, another reliable source will be used.\n\nIn case the respective company's primary exchange’s official listing page does not report in U.S. dollars, it will be converted to U.S. dollars using the U.S. Federal Reserve Board’s H.10 foreign exchange reference rate for the relevant currency pair on the company’s first trading day (https://www.federalreserve.gov/releases/h10/). If no such rate is available for the relevant trading day, the most recent previously published rate will be used. If the relevant currency is not listed, another credible exchange rate source will be used.\n\nA listed company may resolve to \"No\" as soon as it becomes unable to complete an IPO, including due to acquisition, merger, or absorption by an entity that is already publicly traded.\n\nIn the event of an interruption in the course of the normal trading session on the respective companies’ first day of trading (e.g., a circuit breaker or half-day), the market will resolve according to the official closing price of the abbreviated session. If no such official closing price is published, the market will resolve according to the next trading day on which an official closing price is published, treating that as the first day of trading for purposes of this market.",
        "arbitration_model": "uma_oracle",
        "proposer": "managed_whitelist",
        "source": null,
        "source_status": "platform_named",
        "source_citation": "https://www.federalreserve.gov/releases/h10/",
        "sources": [
          {
            "name": "federalreserve.gov",
            "url": "https://www.federalreserve.gov/releases/h10/",
            "provenance": "platform_api"
          }
        ],
        "source_of_record": null,
        "source_mechanism": "precedence",
        "source_type": null,
        "source_quality": null,
        "source_commitment": "named",
        "source_commitment_subtype": "named",
        "source_hedge_text": null
      },
      "rcg": {
        "grade": "A",
        "score": 92,
        "caps": [],
        "applied_factors": 7
      },
      "last_price": 0,
      "implied_probability": 0,
      "volume_24h_usd": 0,
      "volume_total_usd": 0,
      "settlement_style": "touch",
      "direction": null,
      "threshold": null,
      "question_id": "CMX-4624034594",
      "also_on": null,
      "tags": [
        "largest ipo cap"
      ],
      "eligibility_screens": null
    },
    {
      "market_id": "CM-MKT-RCDRS9L3F6",
      "event_id": "CM-EVT-NRC039X6K7",
      "platform": "polymarket",
      "platform_market_id": "0xdb0c267fd63c52560fb5458d6e5c59a27ef912e323b4bbd873ebce6d59860bb5",
      "question": "Will Placeholder Y have the highest IPO Market Cap 2026?",
      "description": "This market will resolve to the company that achieves the highest market capitalization in U.S. dollars based on the official closing price on its first trading day in 2026.\n\nThis market will resolve to a company that completes an Initial Public Offering (IPO) between January 1 and December 31, 2026, 11:59 PM ET.\n\nMarket capitalization is defined as the total number of outstanding shares multiplied by the closing share price on the first trading day.\n\nIf two or more companies have exactly equal highest closing market capitalizations, this market will resolve to the company whose listed name co",
      "contract_type": "binary",
      "settlement_currency": "USDC",
      "underlying_reference": "Placeholder Y: The listed company completing an IPO between January 1 and December 31, 2026 with the highest market capitalization on its first trading day, calculated as outstanding shares multiplied by closing price, resolves the outcome.",
      "close_at": "2026-12-31T00:00:00Z",
      "resolve_at": "2026-12-31T00:00:00Z",
      "status": "closed",
      "resolution": {
        "rules_raw": "This market will resolve to the company that achieves the highest market capitalization in U.S. dollars based on the official closing price on its first trading day in 2026.\n\nThis market will resolve to a company that completes an Initial Public Offering (IPO) between January 1 and December 31, 2026, 11:59 PM ET.\n\nMarket capitalization is defined as the total number of outstanding shares multiplied by the closing share price on the first trading day.\n\nIf two or more companies have exactly equal highest closing market capitalizations, this market will resolve to the company whose listed name comes first alphabetically.\n\nResolution will be based on the primary exchange’s official listing page. In the event that the relevant figure is not displayed, another reliable source will be used.\n\nIn case the respective company's primary exchange’s official listing page does not report in U.S. dollars, it will be converted to U.S. dollars using the U.S. Federal Reserve Board’s H.10 foreign exchange reference rate for the relevant currency pair on the company’s first trading day (https://www.federalreserve.gov/releases/h10/). If no such rate is available for the relevant trading day, the most recent previously published rate will be used. If the relevant currency is not listed, another credible exchange rate source will be used.\n\nA listed company may resolve to \"No\" as soon as it becomes unable to complete an IPO, including due to acquisition, merger, or absorption by an entity that is already publicly traded.\n\nIn the event of an interruption in the course of the normal trading session on the respective companies’ first day of trading (e.g., a circuit breaker or half-day), the market will resolve according to the official closing price of the abbreviated session. If no such official closing price is published, the market will resolve according to the next trading day on which an official closing price is published, treating that as the first day of trading for purposes of this market.",
        "arbitration_model": "uma_oracle",
        "proposer": "managed_whitelist",
        "source": null,
        "source_status": "platform_named",
        "source_citation": "https://www.federalreserve.gov/releases/h10/",
        "sources": [
          {
            "name": "federalreserve.gov",
            "url": "https://www.federalreserve.gov/releases/h10/",
            "provenance": "platform_api"
          }
        ],
        "source_of_record": null,
        "source_mechanism": "precedence",
        "source_type": null,
        "source_quality": null,
        "source_commitment": "named",
        "source_commitment_subtype": "named",
        "source_hedge_text": null
      },
      "rcg": {
        "grade": "A",
        "score": 92,
        "caps": [],
        "applied_factors": 7
      },
      "last_price": 0,
      "implied_probability": 0,
      "volume_24h_usd": 0,
      "volume_total_usd": 0,
      "settlement_style": "touch",
      "direction": null,
      "threshold": null,
      "question_id": "CMX-4466ED41CB",
      "also_on": null,
      "tags": [
        "largest ipo cap"
      ],
      "eligibility_screens": null
    },
    {
      "market_id": "CM-MKT-LDDZKK9D30",
      "event_id": "CM-EVT-NRC039X6K7",
      "platform": "polymarket",
      "platform_market_id": "0x425accf1baca129aea0520de542098704db207c7fb2730531af7a914c5681a5c",
      "question": "Will Placeholder AI have the highest IPO Market Cap 2026?",
      "description": "This market will resolve to the company that achieves the highest market capitalization in U.S. dollars based on the official closing price on its first trading day in 2026.\n\nThis market will resolve to a company that completes an Initial Public Offering (IPO) between January 1 and December 31, 2026, 11:59 PM ET.\n\nMarket capitalization is defined as the total number of outstanding shares multiplied by the closing share price on the first trading day.\n\nIf two or more companies have exactly equal highest closing market capitalizations, this market will resolve to the company whose listed name co",
      "contract_type": "binary",
      "settlement_currency": "USDC",
      "underlying_reference": "Placeholder AI: The listed company completing an IPO between January 1 and December 31, 2026 with the highest market capitalization on its first trading day, calculated as outstanding shares multiplied by closing price, resolves the outcome.",
      "close_at": "2026-12-31T00:00:00Z",
      "resolve_at": "2026-12-31T00:00:00Z",
      "status": "closed",
      "resolution": {
        "rules_raw": "This market will resolve to the company that achieves the highest market capitalization in U.S. dollars based on the official closing price on its first trading day in 2026.\n\nThis market will resolve to a company that completes an Initial Public Offering (IPO) between January 1 and December 31, 2026, 11:59 PM ET.\n\nMarket capitalization is defined as the total number of outstanding shares multiplied by the closing share price on the first trading day.\n\nIf two or more companies have exactly equal highest closing market capitalizations, this market will resolve to the company whose listed name comes first alphabetically.\n\nResolution will be based on the primary exchange’s official listing page. In the event that the relevant figure is not displayed, another reliable source will be used.\n\nIn case the respective company's primary exchange’s official listing page does not report in U.S. dollars, it will be converted to U.S. dollars using the U.S. Federal Reserve Board’s H.10 foreign exchange reference rate for the relevant currency pair on the company’s first trading day (https://www.federalreserve.gov/releases/h10/). If no such rate is available for the relevant trading day, the most recent previously published rate will be used. If the relevant currency is not listed, another credible exchange rate source will be used.\n\nA listed company may resolve to \"No\" as soon as it becomes unable to complete an IPO, including due to acquisition, merger, or absorption by an entity that is already publicly traded.\n\nIn the event of an interruption in the course of the normal trading session on the respective companies’ first day of trading (e.g., a circuit breaker or half-day), the market will resolve according to the official closing price of the abbreviated session. If no such official closing price is published, the market will resolve according to the next trading day on which an official closing price is published, treating that as the first day of trading for purposes of this market.",
        "arbitration_model": "uma_oracle",
        "proposer": "managed_whitelist",
        "source": null,
        "source_status": "platform_named",
        "source_citation": "https://www.federalreserve.gov/releases/h10/",
        "sources": [
          {
            "name": "federalreserve.gov",
            "url": "https://www.federalreserve.gov/releases/h10/",
            "provenance": "platform_api"
          }
        ],
        "source_of_record": null,
        "source_mechanism": "precedence",
        "source_type": null,
        "source_quality": null,
        "source_commitment": "named",
        "source_commitment_subtype": "named",
        "source_hedge_text": null
      },
      "rcg": {
        "grade": "A",
        "score": 92,
        "caps": [],
        "applied_factors": 7
      },
      "last_price": 0,
      "implied_probability": 0,
      "volume_24h_usd": 0,
      "volume_total_usd": 0,
      "settlement_style": "touch",
      "direction": null,
      "threshold": null,
      "question_id": "CMX-9EB655CC5D",
      "also_on": null,
      "tags": [
        "largest ipo cap"
      ],
      "eligibility_screens": null
    },
    {
      "market_id": "CM-MKT-LR6YPN5BZ2",
      "event_id": "CM-EVT-NRC039X6K7",
      "platform": "polymarket",
      "platform_market_id": "0x199e57a79aaaddf4758781124883fd534ce12f00b4de8f6d824079e1be2f9986",
      "question": "Will Placeholder AL have the highest IPO Market Cap 2026?",
      "description": "This market will resolve to the company that achieves the highest market capitalization in U.S. dollars based on the official closing price on its first trading day in 2026.\n\nThis market will resolve to a company that completes an Initial Public Offering (IPO) between January 1 and December 31, 2026, 11:59 PM ET.\n\nMarket capitalization is defined as the total number of outstanding shares multiplied by the closing share price on the first trading day.\n\nIf two or more companies have exactly equal highest closing market capitalizations, this market will resolve to the company whose listed name co",
      "contract_type": "binary",
      "settlement_currency": "USDC",
      "underlying_reference": "Placeholder AL: The listed company completing an IPO between January 1 and December 31, 2026 with the highest market capitalization on its first trading day, calculated as outstanding shares multiplied by closing price, resolves the outcome.",
      "close_at": "2026-12-31T00:00:00Z",
      "resolve_at": "2026-12-31T00:00:00Z",
      "status": "closed",
      "resolution": {
        "rules_raw": "This market will resolve to the company that achieves the highest market capitalization in U.S. dollars based on the official closing price on its first trading day in 2026.\n\nThis market will resolve to a company that completes an Initial Public Offering (IPO) between January 1 and December 31, 2026, 11:59 PM ET.\n\nMarket capitalization is defined as the total number of outstanding shares multiplied by the closing share price on the first trading day.\n\nIf two or more companies have exactly equal highest closing market capitalizations, this market will resolve to the company whose listed name comes first alphabetically.\n\nResolution will be based on the primary exchange’s official listing page. In the event that the relevant figure is not displayed, another reliable source will be used.\n\nIn case the respective company's primary exchange’s official listing page does not report in U.S. dollars, it will be converted to U.S. dollars using the U.S. Federal Reserve Board’s H.10 foreign exchange reference rate for the relevant currency pair on the company’s first trading day (https://www.federalreserve.gov/releases/h10/). If no such rate is available for the relevant trading day, the most recent previously published rate will be used. If the relevant currency is not listed, another credible exchange rate source will be used.\n\nA listed company may resolve to \"No\" as soon as it becomes unable to complete an IPO, including due to acquisition, merger, or absorption by an entity that is already publicly traded.\n\nIn the event of an interruption in the course of the normal trading session on the respective companies’ first day of trading (e.g., a circuit breaker or half-day), the market will resolve according to the official closing price of the abbreviated session. If no such official closing price is published, the market will resolve according to the next trading day on which an official closing price is published, treating that as the first day of trading for purposes of this market.",
        "arbitration_model": "uma_oracle",
        "proposer": "managed_whitelist",
        "source": null,
        "source_status": "platform_named",
        "source_citation": "https://www.federalreserve.gov/releases/h10/",
        "sources": [
          {
            "name": "federalreserve.gov",
            "url": "https://www.federalreserve.gov/releases/h10/",
            "provenance": "platform_api"
          }
        ],
        "source_of_record": null,
        "source_mechanism": "precedence",
        "source_type": null,
        "source_quality": null,
        "source_commitment": "named",
        "source_commitment_subtype": "named",
        "source_hedge_text": null
      },
      "rcg": {
        "grade": "A",
        "score": 92,
        "caps": [],
        "applied_factors": 7
      },
      "last_price": 0,
      "implied_probability": 0,
      "volume_24h_usd": 0,
      "volume_total_usd": 0,
      "settlement_style": "touch",
      "direction": null,
      "threshold": null,
      "question_id": "CMX-EFDB48B1E0",
      "also_on": null,
      "tags": [
        "largest ipo cap"
      ],
      "eligibility_screens": null
    },
    {
      "market_id": "CM-MKT-DTD1MFXPH6",
      "event_id": "CM-EVT-NRC039X6K7",
      "platform": "polymarket",
      "platform_market_id": "0x00d5b6972497d918a60ac78e4ed8c9a3bdf5866dbe32649372f563158fc2cec4",
      "question": "Will Placeholder AR have the highest IPO Market Cap 2026?",
      "description": "This market will resolve to the company that achieves the highest market capitalization in U.S. dollars based on the official closing price on its first trading day in 2026.\n\nThis market will resolve to a company that completes an Initial Public Offering (IPO) between January 1 and December 31, 2026, 11:59 PM ET.\n\nMarket capitalization is defined as the total number of outstanding shares multiplied by the closing share price on the first trading day.\n\nIf two or more companies have exactly equal highest closing market capitalizations, this market will resolve to the company whose listed name co",
      "contract_type": "binary",
      "settlement_currency": "USDC",
      "underlying_reference": "Placeholder AR: The listed company completing an IPO between January 1 and December 31, 2026 with the highest market capitalization on its first trading day, calculated as outstanding shares multiplied by closing price, resolves the outcome.",
      "close_at": "2026-12-31T00:00:00Z",
      "resolve_at": "2026-12-31T00:00:00Z",
      "status": "closed",
      "resolution": {
        "rules_raw": "This market will resolve to the company that achieves the highest market capitalization in U.S. dollars based on the official closing price on its first trading day in 2026.\n\nThis market will resolve to a company that completes an Initial Public Offering (IPO) between January 1 and December 31, 2026, 11:59 PM ET.\n\nMarket capitalization is defined as the total number of outstanding shares multiplied by the closing share price on the first trading day.\n\nIf two or more companies have exactly equal highest closing market capitalizations, this market will resolve to the company whose listed name comes first alphabetically.\n\nResolution will be based on the primary exchange’s official listing page. In the event that the relevant figure is not displayed, another reliable source will be used.\n\nIn case the respective company's primary exchange’s official listing page does not report in U.S. dollars, it will be converted to U.S. dollars using the U.S. Federal Reserve Board’s H.10 foreign exchange reference rate for the relevant currency pair on the company’s first trading day (https://www.federalreserve.gov/releases/h10/). If no such rate is available for the relevant trading day, the most recent previously published rate will be used. If the relevant currency is not listed, another credible exchange rate source will be used.\n\nA listed company may resolve to \"No\" as soon as it becomes unable to complete an IPO, including due to acquisition, merger, or absorption by an entity that is already publicly traded.\n\nIn the event of an interruption in the course of the normal trading session on the respective companies’ first day of trading (e.g., a circuit breaker or half-day), the market will resolve according to the official closing price of the abbreviated session. If no such official closing price is published, the market will resolve according to the next trading day on which an official closing price is published, treating that as the first day of trading for purposes of this market.",
        "arbitration_model": "uma_oracle",
        "proposer": "managed_whitelist",
        "source": null,
        "source_status": "platform_named",
        "source_citation": "https://www.federalreserve.gov/releases/h10/",
        "sources": [
          {
            "name": "federalreserve.gov",
            "url": "https://www.federalreserve.gov/releases/h10/",
            "provenance": "platform_api"
          }
        ],
        "source_of_record": null,
        "source_mechanism": "precedence",
        "source_type": null,
        "source_quality": null,
        "source_commitment": "named",
        "source_commitment_subtype": "named",
        "source_hedge_text": null
      },
      "rcg": {
        "grade": "A",
        "score": 92,
        "caps": [],
        "applied_factors": 7
      },
      "last_price": 0,
      "implied_probability": 0,
      "volume_24h_usd": 0,
      "volume_total_usd": 0,
      "settlement_style": "touch",
      "direction": null,
      "threshold": null,
      "question_id": "CMX-E08F27F38D",
      "also_on": null,
      "tags": [
        "largest ipo cap"
      ],
      "eligibility_screens": null
    },
    {
      "market_id": "CM-MKT-K054QCDCH7",
      "event_id": "CM-EVT-NRC039X6K7",
      "platform": "polymarket",
      "platform_market_id": "0x8ecf66db2c8bf09dcb85ee9ff4c447ba3bd553e369869a99501be0f639b0265d",
      "question": "Will Placeholder AU have the highest IPO Market Cap 2026?",
      "description": "This market will resolve to the company that achieves the highest market capitalization in U.S. dollars based on the official closing price on its first trading day in 2026.\n\nThis market will resolve to a company that completes an Initial Public Offering (IPO) between January 1 and December 31, 2026, 11:59 PM ET.\n\nMarket capitalization is defined as the total number of outstanding shares multiplied by the closing share price on the first trading day.\n\nIf two or more companies have exactly equal highest closing market capitalizations, this market will resolve to the company whose listed name co",
      "contract_type": "binary",
      "settlement_currency": "USDC",
      "underlying_reference": "Placeholder AU: The listed company completing an IPO between January 1 and December 31, 2026 with the highest market capitalization on its first trading day, calculated as outstanding shares multiplied by closing price, resolves the outcome.",
      "close_at": "2026-12-31T00:00:00Z",
      "resolve_at": "2026-12-31T00:00:00Z",
      "status": "closed",
      "resolution": {
        "rules_raw": "This market will resolve to the company that achieves the highest market capitalization in U.S. dollars based on the official closing price on its first trading day in 2026.\n\nThis market will resolve to a company that completes an Initial Public Offering (IPO) between January 1 and December 31, 2026, 11:59 PM ET.\n\nMarket capitalization is defined as the total number of outstanding shares multiplied by the closing share price on the first trading day.\n\nIf two or more companies have exactly equal highest closing market capitalizations, this market will resolve to the company whose listed name comes first alphabetically.\n\nResolution will be based on the primary exchange’s official listing page. In the event that the relevant figure is not displayed, another reliable source will be used.\n\nIn case the respective company's primary exchange’s official listing page does not report in U.S. dollars, it will be converted to U.S. dollars using the U.S. Federal Reserve Board’s H.10 foreign exchange reference rate for the relevant currency pair on the company’s first trading day (https://www.federalreserve.gov/releases/h10/). If no such rate is available for the relevant trading day, the most recent previously published rate will be used. If the relevant currency is not listed, another credible exchange rate source will be used.\n\nA listed company may resolve to \"No\" as soon as it becomes unable to complete an IPO, including due to acquisition, merger, or absorption by an entity that is already publicly traded.\n\nIn the event of an interruption in the course of the normal trading session on the respective companies’ first day of trading (e.g., a circuit breaker or half-day), the market will resolve according to the official closing price of the abbreviated session. If no such official closing price is published, the market will resolve according to the next trading day on which an official closing price is published, treating that as the first day of trading for purposes of this market.",
        "arbitration_model": "uma_oracle",
        "proposer": "managed_whitelist",
        "source": null,
        "source_status": "platform_named",
        "source_citation": "https://www.federalreserve.gov/releases/h10/",
        "sources": [
          {
            "name": "federalreserve.gov",
            "url": "https://www.federalreserve.gov/releases/h10/",
            "provenance": "platform_api"
          }
        ],
        "source_of_record": null,
        "source_mechanism": "precedence",
        "source_type": null,
        "source_quality": null,
        "source_commitment": "named",
        "source_commitment_subtype": "named",
        "source_hedge_text": null
      },
      "rcg": {
        "grade": "A",
        "score": 92,
        "caps": [],
        "applied_factors": 7
      },
      "last_price": 0,
      "implied_probability": 0,
      "volume_24h_usd": 0,
      "volume_total_usd": 0,
      "settlement_style": "touch",
      "direction": null,
      "threshold": null,
      "question_id": "CMX-681D1CE4F9",
      "also_on": null,
      "tags": [
        "largest ipo cap"
      ],
      "eligibility_screens": null
    },
    {
      "market_id": "CM-MKT-QC3G5RGDT9",
      "event_id": "CM-EVT-NRC039X6K7",
      "platform": "polymarket",
      "platform_market_id": "0xc5521699c8acfd748b3d0988db93285ca9ca00f8790c8ca0e7e9f703379dc3fc",
      "question": "Will Placeholder AZ have the highest IPO Market Cap 2026?",
      "description": "This market will resolve to the company that achieves the highest market capitalization in U.S. dollars based on the official closing price on its first trading day in 2026.\n\nThis market will resolve to a company that completes an Initial Public Offering (IPO) between January 1 and December 31, 2026, 11:59 PM ET.\n\nMarket capitalization is defined as the total number of outstanding shares multiplied by the closing share price on the first trading day.\n\nIf two or more companies have exactly equal highest closing market capitalizations, this market will resolve to the company whose listed name co",
      "contract_type": "binary",
      "settlement_currency": "USDC",
      "underlying_reference": "Placeholder AZ: The listed company completing an IPO between January 1 and December 31, 2026 with the highest market capitalization on its first trading day, calculated as outstanding shares multiplied by closing price, resolves the outcome.",
      "close_at": "2026-12-31T00:00:00Z",
      "resolve_at": "2026-12-31T00:00:00Z",
      "status": "closed",
      "resolution": {
        "rules_raw": "This market will resolve to the company that achieves the highest market capitalization in U.S. dollars based on the official closing price on its first trading day in 2026.\n\nThis market will resolve to a company that completes an Initial Public Offering (IPO) between January 1 and December 31, 2026, 11:59 PM ET.\n\nMarket capitalization is defined as the total number of outstanding shares multiplied by the closing share price on the first trading day.\n\nIf two or more companies have exactly equal highest closing market capitalizations, this market will resolve to the company whose listed name comes first alphabetically.\n\nResolution will be based on the primary exchange’s official listing page. In the event that the relevant figure is not displayed, another reliable source will be used.\n\nIn case the respective company's primary exchange’s official listing page does not report in U.S. dollars, it will be converted to U.S. dollars using the U.S. Federal Reserve Board’s H.10 foreign exchange reference rate for the relevant currency pair on the company’s first trading day (https://www.federalreserve.gov/releases/h10/). If no such rate is available for the relevant trading day, the most recent previously published rate will be used. If the relevant currency is not listed, another credible exchange rate source will be used.\n\nA listed company may resolve to \"No\" as soon as it becomes unable to complete an IPO, including due to acquisition, merger, or absorption by an entity that is already publicly traded.\n\nIn the event of an interruption in the course of the normal trading session on the respective companies’ first day of trading (e.g., a circuit breaker or half-day), the market will resolve according to the official closing price of the abbreviated session. If no such official closing price is published, the market will resolve according to the next trading day on which an official closing price is published, treating that as the first day of trading for purposes of this market.",
        "arbitration_model": "uma_oracle",
        "proposer": "managed_whitelist",
        "source": null,
        "source_status": "platform_named",
        "source_citation": "https://www.federalreserve.gov/releases/h10/",
        "sources": [
          {
            "name": "federalreserve.gov",
            "url": "https://www.federalreserve.gov/releases/h10/",
            "provenance": "platform_api"
          }
        ],
        "source_of_record": null,
        "source_mechanism": "precedence",
        "source_type": null,
        "source_quality": null,
        "source_commitment": "named",
        "source_commitment_subtype": "named",
        "source_hedge_text": null
      },
      "rcg": {
        "grade": "A",
        "score": 92,
        "caps": [],
        "applied_factors": 7
      },
      "last_price": 0,
      "implied_probability": 0,
      "volume_24h_usd": 0,
      "volume_total_usd": 0,
      "settlement_style": "touch",
      "direction": null,
      "threshold": null,
      "question_id": "CMX-0C537C2142",
      "also_on": null,
      "tags": [
        "largest ipo cap"
      ],
      "eligibility_screens": null
    },
    {
      "market_id": "CM-MKT-Z863JSQ559",
      "event_id": "CM-EVT-NRC039X6K7",
      "platform": "polymarket",
      "platform_market_id": "0xa03441c4f8a8e1b4a490aad2c29093fc86686ea506e0f8aafae7f9f1b67451b0",
      "question": "Will Placeholder BB have the highest IPO Market Cap 2026?",
      "description": "This market will resolve to the company that achieves the highest market capitalization in U.S. dollars based on the official closing price on its first trading day in 2026.\n\nThis market will resolve to a company that completes an Initial Public Offering (IPO) between January 1 and December 31, 2026, 11:59 PM ET.\n\nMarket capitalization is defined as the total number of outstanding shares multiplied by the closing share price on the first trading day.\n\nIf two or more companies have exactly equal highest closing market capitalizations, this market will resolve to the company whose listed name co",
      "contract_type": "binary",
      "settlement_currency": "USDC",
      "underlying_reference": "Placeholder BB: The listed company completing an IPO between January 1 and December 31, 2026 with the highest market capitalization on its first trading day, calculated as outstanding shares multiplied by closing price, resolves the outcome.",
      "close_at": "2026-12-31T00:00:00Z",
      "resolve_at": "2026-12-31T00:00:00Z",
      "status": "closed",
      "resolution": {
        "rules_raw": "This market will resolve to the company that achieves the highest market capitalization in U.S. dollars based on the official closing price on its first trading day in 2026.\n\nThis market will resolve to a company that completes an Initial Public Offering (IPO) between January 1 and December 31, 2026, 11:59 PM ET.\n\nMarket capitalization is defined as the total number of outstanding shares multiplied by the closing share price on the first trading day.\n\nIf two or more companies have exactly equal highest closing market capitalizations, this market will resolve to the company whose listed name comes first alphabetically.\n\nResolution will be based on the primary exchange’s official listing page. In the event that the relevant figure is not displayed, another reliable source will be used.\n\nIn case the respective company's primary exchange’s official listing page does not report in U.S. dollars, it will be converted to U.S. dollars using the U.S. Federal Reserve Board’s H.10 foreign exchange reference rate for the relevant currency pair on the company’s first trading day (https://www.federalreserve.gov/releases/h10/). If no such rate is available for the relevant trading day, the most recent previously published rate will be used. If the relevant currency is not listed, another credible exchange rate source will be used.\n\nA listed company may resolve to \"No\" as soon as it becomes unable to complete an IPO, including due to acquisition, merger, or absorption by an entity that is already publicly traded.\n\nIn the event of an interruption in the course of the normal trading session on the respective companies’ first day of trading (e.g., a circuit breaker or half-day), the market will resolve according to the official closing price of the abbreviated session. If no such official closing price is published, the market will resolve according to the next trading day on which an official closing price is published, treating that as the first day of trading for purposes of this market.",
        "arbitration_model": "uma_oracle",
        "proposer": "managed_whitelist",
        "source": null,
        "source_status": "platform_named",
        "source_citation": "https://www.federalreserve.gov/releases/h10/",
        "sources": [
          {
            "name": "federalreserve.gov",
            "url": "https://www.federalreserve.gov/releases/h10/",
            "provenance": "platform_api"
          }
        ],
        "source_of_record": null,
        "source_mechanism": "precedence",
        "source_type": null,
        "source_quality": null,
        "source_commitment": "named",
        "source_commitment_subtype": "named",
        "source_hedge_text": null
      },
      "rcg": {
        "grade": "A",
        "score": 92,
        "caps": [],
        "applied_factors": 7
      },
      "last_price": 0,
      "implied_probability": 0,
      "volume_24h_usd": 0,
      "volume_total_usd": 0,
      "settlement_style": "touch",
      "direction": null,
      "threshold": null,
      "question_id": "CMX-67B607FBEF",
      "also_on": null,
      "tags": [
        "largest ipo cap"
      ],
      "eligibility_screens": null
    },
    {
      "market_id": "CM-MKT-27YVZ7RQ73",
      "event_id": "CM-EVT-NRC039X6K7",
      "platform": "polymarket",
      "platform_market_id": "0x92bda1a6639a307a219188946493617d77a79dce4fe538e4406c41380608277b",
      "question": "Will Placeholder BE have the highest IPO Market Cap 2026?",
      "description": "This market will resolve to the company that achieves the highest market capitalization in U.S. dollars based on the official closing price on its first trading day in 2026.\n\nThis market will resolve to a company that completes an Initial Public Offering (IPO) between January 1 and December 31, 2026, 11:59 PM ET.\n\nMarket capitalization is defined as the total number of outstanding shares multiplied by the closing share price on the first trading day.\n\nIf two or more companies have exactly equal highest closing market capitalizations, this market will resolve to the company whose listed name co",
      "contract_type": "binary",
      "settlement_currency": "USDC",
      "underlying_reference": "Placeholder BE: The listed company completing an IPO between January 1 and December 31, 2026 with the highest market capitalization on its first trading day, calculated as outstanding shares multiplied by closing price, resolves the outcome.",
      "close_at": "2026-12-31T00:00:00Z",
      "resolve_at": "2026-12-31T00:00:00Z",
      "status": "closed",
      "resolution": {
        "rules_raw": "This market will resolve to the company that achieves the highest market capitalization in U.S. dollars based on the official closing price on its first trading day in 2026.\n\nThis market will resolve to a company that completes an Initial Public Offering (IPO) between January 1 and December 31, 2026, 11:59 PM ET.\n\nMarket capitalization is defined as the total number of outstanding shares multiplied by the closing share price on the first trading day.\n\nIf two or more companies have exactly equal highest closing market capitalizations, this market will resolve to the company whose listed name comes first alphabetically.\n\nResolution will be based on the primary exchange’s official listing page. In the event that the relevant figure is not displayed, another reliable source will be used.\n\nIn case the respective company's primary exchange’s official listing page does not report in U.S. dollars, it will be converted to U.S. dollars using the U.S. Federal Reserve Board’s H.10 foreign exchange reference rate for the relevant currency pair on the company’s first trading day (https://www.federalreserve.gov/releases/h10/). If no such rate is available for the relevant trading day, the most recent previously published rate will be used. If the relevant currency is not listed, another credible exchange rate source will be used.\n\nA listed company may resolve to \"No\" as soon as it becomes unable to complete an IPO, including due to acquisition, merger, or absorption by an entity that is already publicly traded.\n\nIn the event of an interruption in the course of the normal trading session on the respective companies’ first day of trading (e.g., a circuit breaker or half-day), the market will resolve according to the official closing price of the abbreviated session. If no such official closing price is published, the market will resolve according to the next trading day on which an official closing price is published, treating that as the first day of trading for purposes of this market.",
        "arbitration_model": "uma_oracle",
        "proposer": "managed_whitelist",
        "source": null,
        "source_status": "platform_named",
        "source_citation": "https://www.federalreserve.gov/releases/h10/",
        "sources": [
          {
            "name": "federalreserve.gov",
            "url": "https://www.federalreserve.gov/releases/h10/",
            "provenance": "platform_api"
          }
        ],
        "source_of_record": null,
        "source_mechanism": "precedence",
        "source_type": null,
        "source_quality": null,
        "source_commitment": "named",
        "source_commitment_subtype": "named",
        "source_hedge_text": null
      },
      "rcg": {
        "grade": "A",
        "score": 92,
        "caps": [],
        "applied_factors": 7
      },
      "last_price": 0,
      "implied_probability": 0,
      "volume_24h_usd": 0,
      "volume_total_usd": 0,
      "settlement_style": "touch",
      "direction": null,
      "threshold": null,
      "question_id": "CMX-9DA71A34A0",
      "also_on": null,
      "tags": [
        "largest ipo cap"
      ],
      "eligibility_screens": null
    },
    {
      "market_id": "CM-MKT-QV8J2NV8K5",
      "event_id": "CM-EVT-NRC039X6K7",
      "platform": "polymarket",
      "platform_market_id": "0xa3b3284a4f2515a7a0995ec229990130f22b5aca0594d1a567896f9e1919d64d",
      "question": "Will Placeholder BF have the highest IPO Market Cap 2026?",
      "description": "This market will resolve to the company that achieves the highest market capitalization in U.S. dollars based on the official closing price on its first trading day in 2026.\n\nThis market will resolve to a company that completes an Initial Public Offering (IPO) between January 1 and December 31, 2026, 11:59 PM ET.\n\nMarket capitalization is defined as the total number of outstanding shares multiplied by the closing share price on the first trading day.\n\nIf two or more companies have exactly equal highest closing market capitalizations, this market will resolve to the company whose listed name co",
      "contract_type": "binary",
      "settlement_currency": "USDC",
      "underlying_reference": "Placeholder BF: The listed company completing an IPO between January 1 and December 31, 2026 with the highest market capitalization on its first trading day, calculated as outstanding shares multiplied by closing price, resolves the outcome.",
      "close_at": "2026-12-31T00:00:00Z",
      "resolve_at": "2026-12-31T00:00:00Z",
      "status": "closed",
      "resolution": {
        "rules_raw": "This market will resolve to the company that achieves the highest market capitalization in U.S. dollars based on the official closing price on its first trading day in 2026.\n\nThis market will resolve to a company that completes an Initial Public Offering (IPO) between January 1 and December 31, 2026, 11:59 PM ET.\n\nMarket capitalization is defined as the total number of outstanding shares multiplied by the closing share price on the first trading day.\n\nIf two or more companies have exactly equal highest closing market capitalizations, this market will resolve to the company whose listed name comes first alphabetically.\n\nResolution will be based on the primary exchange’s official listing page. In the event that the relevant figure is not displayed, another reliable source will be used.\n\nIn case the respective company's primary exchange’s official listing page does not report in U.S. dollars, it will be converted to U.S. dollars using the U.S. Federal Reserve Board’s H.10 foreign exchange reference rate for the relevant currency pair on the company’s first trading day (https://www.federalreserve.gov/releases/h10/). If no such rate is available for the relevant trading day, the most recent previously published rate will be used. If the relevant currency is not listed, another credible exchange rate source will be used.\n\nA listed company may resolve to \"No\" as soon as it becomes unable to complete an IPO, including due to acquisition, merger, or absorption by an entity that is already publicly traded.\n\nIn the event of an interruption in the course of the normal trading session on the respective companies’ first day of trading (e.g., a circuit breaker or half-day), the market will resolve according to the official closing price of the abbreviated session. If no such official closing price is published, the market will resolve according to the next trading day on which an official closing price is published, treating that as the first day of trading for purposes of this market.",
        "arbitration_model": "uma_oracle",
        "proposer": "managed_whitelist",
        "source": null,
        "source_status": "platform_named",
        "source_citation": "https://www.federalreserve.gov/releases/h10/",
        "sources": [
          {
            "name": "federalreserve.gov",
            "url": "https://www.federalreserve.gov/releases/h10/",
            "provenance": "platform_api"
          }
        ],
        "source_of_record": null,
        "source_mechanism": "precedence",
        "source_type": null,
        "source_quality": null,
        "source_commitment": "named",
        "source_commitment_subtype": "named",
        "source_hedge_text": null
      },
      "rcg": {
        "grade": "A",
        "score": 92,
        "caps": [],
        "applied_factors": 7
      },
      "last_price": 0,
      "implied_probability": 0,
      "volume_24h_usd": 0,
      "volume_total_usd": 0,
      "settlement_style": "touch",
      "direction": null,
      "threshold": null,
      "question_id": "CMX-D1E5D17A24",
      "also_on": null,
      "tags": [
        "largest ipo cap"
      ],
      "eligibility_screens": null
    },
    {
      "market_id": "CM-MKT-GX5NW87RZ2",
      "event_id": "CM-EVT-NRC039X6K7",
      "platform": "polymarket",
      "platform_market_id": "0xa96f0c4ec09da20572fe1cd333a7ad5f86ca3c2ef8d20d77d30c33d6c108b9ea",
      "question": "Will Placeholder N have the highest IPO Market Cap 2026?",
      "description": "This market will resolve to the company that achieves the highest market capitalization in U.S. dollars based on the official closing price on its first trading day in 2026.\n\nThis market will resolve to a company that completes an Initial Public Offering (IPO) between January 1 and December 31, 2026, 11:59 PM ET.\n\nMarket capitalization is defined as the total number of outstanding shares multiplied by the closing share price on the first trading day.\n\nIf two or more companies have exactly equal highest closing market capitalizations, this market will resolve to the company whose listed name co",
      "contract_type": "binary",
      "settlement_currency": "USDC",
      "underlying_reference": "Placeholder N: The listed company completing an IPO between January 1 and December 31, 2026 with the highest market capitalization on its first trading day, calculated as outstanding shares multiplied by closing price, resolves the outcome.",
      "close_at": "2026-12-31T00:00:00Z",
      "resolve_at": "2026-12-31T00:00:00Z",
      "status": "closed",
      "resolution": {
        "rules_raw": "This market will resolve to the company that achieves the highest market capitalization in U.S. dollars based on the official closing price on its first trading day in 2026.\n\nThis market will resolve to a company that completes an Initial Public Offering (IPO) between January 1 and December 31, 2026, 11:59 PM ET.\n\nMarket capitalization is defined as the total number of outstanding shares multiplied by the closing share price on the first trading day.\n\nIf two or more companies have exactly equal highest closing market capitalizations, this market will resolve to the company whose listed name comes first alphabetically.\n\nResolution will be based on the primary exchange’s official listing page. In the event that the relevant figure is not displayed, another reliable source will be used.\n\nIn case the respective company's primary exchange’s official listing page does not report in U.S. dollars, it will be converted to U.S. dollars using the U.S. Federal Reserve Board’s H.10 foreign exchange reference rate for the relevant currency pair on the company’s first trading day (https://www.federalreserve.gov/releases/h10/). If no such rate is available for the relevant trading day, the most recent previously published rate will be used. If the relevant currency is not listed, another credible exchange rate source will be used.\n\nA listed company may resolve to \"No\" as soon as it becomes unable to complete an IPO, including due to acquisition, merger, or absorption by an entity that is already publicly traded.\n\nIn the event of an interruption in the course of the normal trading session on the respective companies’ first day of trading (e.g., a circuit breaker or half-day), the market will resolve according to the official closing price of the abbreviated session. If no such official closing price is published, the market will resolve according to the next trading day on which an official closing price is published, treating that as the first day of trading for purposes of this market.",
        "arbitration_model": "uma_oracle",
        "proposer": "managed_whitelist",
        "source": null,
        "source_status": "platform_named",
        "source_citation": "https://www.federalreserve.gov/releases/h10/",
        "sources": [
          {
            "name": "federalreserve.gov",
            "url": "https://www.federalreserve.gov/releases/h10/",
            "provenance": "platform_api"
          }
        ],
        "source_of_record": null,
        "source_mechanism": "precedence",
        "source_type": null,
        "source_quality": null,
        "source_commitment": "named",
        "source_commitment_subtype": "named",
        "source_hedge_text": null
      },
      "rcg": {
        "grade": "A",
        "score": 92,
        "caps": [],
        "applied_factors": 7
      },
      "last_price": 0,
      "implied_probability": 0,
      "volume_24h_usd": 0,
      "volume_total_usd": 0,
      "settlement_style": "touch",
      "direction": null,
      "threshold": null,
      "question_id": "CMX-25C4527780",
      "also_on": null,
      "tags": [
        "largest ipo cap"
      ],
      "eligibility_screens": null
    },
    {
      "market_id": "CM-MKT-PCQ61LG1J0",
      "event_id": "CM-EVT-NRC039X6K7",
      "platform": "polymarket",
      "platform_market_id": "0x58427a7ebf036dc305b04b57fd531b9e3567bb859d1fa4f65e70a9255da15670",
      "question": "Will Placeholder V have the highest IPO Market Cap 2026?",
      "description": "This market will resolve to the company that achieves the highest market capitalization in U.S. dollars based on the official closing price on its first trading day in 2026.\n\nThis market will resolve to a company that completes an Initial Public Offering (IPO) between January 1 and December 31, 2026, 11:59 PM ET.\n\nMarket capitalization is defined as the total number of outstanding shares multiplied by the closing share price on the first trading day.\n\nIf two or more companies have exactly equal highest closing market capitalizations, this market will resolve to the company whose listed name co",
      "contract_type": "binary",
      "settlement_currency": "USDC",
      "underlying_reference": "Placeholder V: The listed company completing an IPO between January 1 and December 31, 2026 with the highest market capitalization on its first trading day, calculated as outstanding shares multiplied by closing price, resolves the outcome.",
      "close_at": "2026-12-31T00:00:00Z",
      "resolve_at": "2026-12-31T00:00:00Z",
      "status": "closed",
      "resolution": {
        "rules_raw": "This market will resolve to the company that achieves the highest market capitalization in U.S. dollars based on the official closing price on its first trading day in 2026.\n\nThis market will resolve to a company that completes an Initial Public Offering (IPO) between January 1 and December 31, 2026, 11:59 PM ET.\n\nMarket capitalization is defined as the total number of outstanding shares multiplied by the closing share price on the first trading day.\n\nIf two or more companies have exactly equal highest closing market capitalizations, this market will resolve to the company whose listed name comes first alphabetically.\n\nResolution will be based on the primary exchange’s official listing page. In the event that the relevant figure is not displayed, another reliable source will be used.\n\nIn case the respective company's primary exchange’s official listing page does not report in U.S. dollars, it will be converted to U.S. dollars using the U.S. Federal Reserve Board’s H.10 foreign exchange reference rate for the relevant currency pair on the company’s first trading day (https://www.federalreserve.gov/releases/h10/). If no such rate is available for the relevant trading day, the most recent previously published rate will be used. If the relevant currency is not listed, another credible exchange rate source will be used.\n\nA listed company may resolve to \"No\" as soon as it becomes unable to complete an IPO, including due to acquisition, merger, or absorption by an entity that is already publicly traded.\n\nIn the event of an interruption in the course of the normal trading session on the respective companies’ first day of trading (e.g., a circuit breaker or half-day), the market will resolve according to the official closing price of the abbreviated session. If no such official closing price is published, the market will resolve according to the next trading day on which an official closing price is published, treating that as the first day of trading for purposes of this market.",
        "arbitration_model": "uma_oracle",
        "proposer": "managed_whitelist",
        "source": null,
        "source_status": "platform_named",
        "source_citation": "https://www.federalreserve.gov/releases/h10/",
        "sources": [
          {
            "name": "federalreserve.gov",
            "url": "https://www.federalreserve.gov/releases/h10/",
            "provenance": "platform_api"
          }
        ],
        "source_of_record": null,
        "source_mechanism": "precedence",
        "source_type": null,
        "source_quality": null,
        "source_commitment": "named",
        "source_commitment_subtype": "named",
        "source_hedge_text": null
      },
      "rcg": {
        "grade": "A",
        "score": 92,
        "caps": [],
        "applied_factors": 7
      },
      "last_price": 0,
      "implied_probability": 0,
      "volume_24h_usd": 0,
      "volume_total_usd": 0,
      "settlement_style": "touch",
      "direction": null,
      "threshold": null,
      "question_id": "CMX-FD9D62DC1D",
      "also_on": null,
      "tags": [
        "largest ipo cap"
      ],
      "eligibility_screens": null
    },
    {
      "market_id": "CM-MKT-55DJFCYVX5",
      "event_id": "CM-EVT-NRC039X6K7",
      "platform": "polymarket",
      "platform_market_id": "0x47f4afc1608c825458fc4e27f449c39dee0a06f58f3c8f455e255c2fd1fe95c8",
      "question": "Will Placeholder X have the highest IPO Market Cap 2026?",
      "description": "This market will resolve to the company that achieves the highest market capitalization in U.S. dollars based on the official closing price on its first trading day in 2026.\n\nThis market will resolve to a company that completes an Initial Public Offering (IPO) between January 1 and December 31, 2026, 11:59 PM ET.\n\nMarket capitalization is defined as the total number of outstanding shares multiplied by the closing share price on the first trading day.\n\nIf two or more companies have exactly equal highest closing market capitalizations, this market will resolve to the company whose listed name co",
      "contract_type": "binary",
      "settlement_currency": "USDC",
      "underlying_reference": "Placeholder X: The listed company completing an IPO between January 1 and December 31, 2026 with the highest market capitalization on its first trading day, calculated as outstanding shares multiplied by closing price, resolves the outcome.",
      "close_at": "2026-12-31T00:00:00Z",
      "resolve_at": "2026-12-31T00:00:00Z",
      "status": "closed",
      "resolution": {
        "rules_raw": "This market will resolve to the company that achieves the highest market capitalization in U.S. dollars based on the official closing price on its first trading day in 2026.\n\nThis market will resolve to a company that completes an Initial Public Offering (IPO) between January 1 and December 31, 2026, 11:59 PM ET.\n\nMarket capitalization is defined as the total number of outstanding shares multiplied by the closing share price on the first trading day.\n\nIf two or more companies have exactly equal highest closing market capitalizations, this market will resolve to the company whose listed name comes first alphabetically.\n\nResolution will be based on the primary exchange’s official listing page. In the event that the relevant figure is not displayed, another reliable source will be used.\n\nIn case the respective company's primary exchange’s official listing page does not report in U.S. dollars, it will be converted to U.S. dollars using the U.S. Federal Reserve Board’s H.10 foreign exchange reference rate for the relevant currency pair on the company’s first trading day (https://www.federalreserve.gov/releases/h10/). If no such rate is available for the relevant trading day, the most recent previously published rate will be used. If the relevant currency is not listed, another credible exchange rate source will be used.\n\nA listed company may resolve to \"No\" as soon as it becomes unable to complete an IPO, including due to acquisition, merger, or absorption by an entity that is already publicly traded.\n\nIn the event of an interruption in the course of the normal trading session on the respective companies’ first day of trading (e.g., a circuit breaker or half-day), the market will resolve according to the official closing price of the abbreviated session. If no such official closing price is published, the market will resolve according to the next trading day on which an official closing price is published, treating that as the first day of trading for purposes of this market.",
        "arbitration_model": "uma_oracle",
        "proposer": "managed_whitelist",
        "source": null,
        "source_status": "platform_named",
        "source_citation": "https://www.federalreserve.gov/releases/h10/",
        "sources": [
          {
            "name": "federalreserve.gov",
            "url": "https://www.federalreserve.gov/releases/h10/",
            "provenance": "platform_api"
          }
        ],
        "source_of_record": null,
        "source_mechanism": "precedence",
        "source_type": null,
        "source_quality": null,
        "source_commitment": "named",
        "source_commitment_subtype": "named",
        "source_hedge_text": null
      },
      "rcg": {
        "grade": "A",
        "score": 92,
        "caps": [],
        "applied_factors": 7
      },
      "last_price": 0,
      "implied_probability": 0,
      "volume_24h_usd": 0,
      "volume_total_usd": 0,
      "settlement_style": "touch",
      "direction": null,
      "threshold": null,
      "question_id": "CMX-B5AA68926D",
      "also_on": null,
      "tags": [
        "largest ipo cap"
      ],
      "eligibility_screens": null
    },
    {
      "market_id": "CM-MKT-KPG6JWX9H3",
      "event_id": "CM-EVT-NRC039X6K7",
      "platform": "polymarket",
      "platform_market_id": "0xf0711f42d949f27c52e2b67bd60c19ba8987cfe5a5f00047858d65df5276f66a",
      "question": "Will Placeholder AC have the highest IPO Market Cap 2026?",
      "description": "This market will resolve to the company that achieves the highest market capitalization in U.S. dollars based on the official closing price on its first trading day in 2026.\n\nThis market will resolve to a company that completes an Initial Public Offering (IPO) between January 1 and December 31, 2026, 11:59 PM ET.\n\nMarket capitalization is defined as the total number of outstanding shares multiplied by the closing share price on the first trading day.\n\nIf two or more companies have exactly equal highest closing market capitalizations, this market will resolve to the company whose listed name co",
      "contract_type": "binary",
      "settlement_currency": "USDC",
      "underlying_reference": "Placeholder AC: The listed company completing an IPO between January 1 and December 31, 2026 with the highest market capitalization on its first trading day, calculated as outstanding shares multiplied by closing price, resolves the outcome.",
      "close_at": "2026-12-31T00:00:00Z",
      "resolve_at": "2026-12-31T00:00:00Z",
      "status": "closed",
      "resolution": {
        "rules_raw": "This market will resolve to the company that achieves the highest market capitalization in U.S. dollars based on the official closing price on its first trading day in 2026.\n\nThis market will resolve to a company that completes an Initial Public Offering (IPO) between January 1 and December 31, 2026, 11:59 PM ET.\n\nMarket capitalization is defined as the total number of outstanding shares multiplied by the closing share price on the first trading day.\n\nIf two or more companies have exactly equal highest closing market capitalizations, this market will resolve to the company whose listed name comes first alphabetically.\n\nResolution will be based on the primary exchange’s official listing page. In the event that the relevant figure is not displayed, another reliable source will be used.\n\nIn case the respective company's primary exchange’s official listing page does not report in U.S. dollars, it will be converted to U.S. dollars using the U.S. Federal Reserve Board’s H.10 foreign exchange reference rate for the relevant currency pair on the company’s first trading day (https://www.federalreserve.gov/releases/h10/). If no such rate is available for the relevant trading day, the most recent previously published rate will be used. If the relevant currency is not listed, another credible exchange rate source will be used.\n\nA listed company may resolve to \"No\" as soon as it becomes unable to complete an IPO, including due to acquisition, merger, or absorption by an entity that is already publicly traded.\n\nIn the event of an interruption in the course of the normal trading session on the respective companies’ first day of trading (e.g., a circuit breaker or half-day), the market will resolve according to the official closing price of the abbreviated session. If no such official closing price is published, the market will resolve according to the next trading day on which an official closing price is published, treating that as the first day of trading for purposes of this market.",
        "arbitration_model": "uma_oracle",
        "proposer": "managed_whitelist",
        "source": null,
        "source_status": "platform_named",
        "source_citation": "https://www.federalreserve.gov/releases/h10/",
        "sources": [
          {
            "name": "federalreserve.gov",
            "url": "https://www.federalreserve.gov/releases/h10/",
            "provenance": "platform_api"
          }
        ],
        "source_of_record": null,
        "source_mechanism": "precedence",
        "source_type": null,
        "source_quality": null,
        "source_commitment": "named",
        "source_commitment_subtype": "named",
        "source_hedge_text": null
      },
      "rcg": {
        "grade": "A",
        "score": 92,
        "caps": [],
        "applied_factors": 7
      },
      "last_price": 0,
      "implied_probability": 0,
      "volume_24h_usd": 0,
      "volume_total_usd": 0,
      "settlement_style": "touch",
      "direction": null,
      "threshold": null,
      "question_id": "CMX-AA8341477A",
      "also_on": null,
      "tags": [
        "largest ipo cap"
      ],
      "eligibility_screens": null
    },
    {
      "market_id": "CM-MKT-BFZ5BDDD60",
      "event_id": "CM-EVT-NRC039X6K7",
      "platform": "polymarket",
      "platform_market_id": "0x1de6866daf28c52b9e8fbec60f6aff298dfba6480ca03b0a28d584211df69500",
      "question": "Will Placeholder AM have the highest IPO Market Cap 2026?",
      "description": "This market will resolve to the company that achieves the highest market capitalization in U.S. dollars based on the official closing price on its first trading day in 2026.\n\nThis market will resolve to a company that completes an Initial Public Offering (IPO) between January 1 and December 31, 2026, 11:59 PM ET.\n\nMarket capitalization is defined as the total number of outstanding shares multiplied by the closing share price on the first trading day.\n\nIf two or more companies have exactly equal highest closing market capitalizations, this market will resolve to the company whose listed name co",
      "contract_type": "binary",
      "settlement_currency": "USDC",
      "underlying_reference": "Placeholder AM: The listed company completing an IPO between January 1 and December 31, 2026 with the highest market capitalization on its first trading day, calculated as outstanding shares multiplied by closing price, resolves the outcome.",
      "close_at": "2026-12-31T00:00:00Z",
      "resolve_at": "2026-12-31T00:00:00Z",
      "status": "closed",
      "resolution": {
        "rules_raw": "This market will resolve to the company that achieves the highest market capitalization in U.S. dollars based on the official closing price on its first trading day in 2026.\n\nThis market will resolve to a company that completes an Initial Public Offering (IPO) between January 1 and December 31, 2026, 11:59 PM ET.\n\nMarket capitalization is defined as the total number of outstanding shares multiplied by the closing share price on the first trading day.\n\nIf two or more companies have exactly equal highest closing market capitalizations, this market will resolve to the company whose listed name comes first alphabetically.\n\nResolution will be based on the primary exchange’s official listing page. In the event that the relevant figure is not displayed, another reliable source will be used.\n\nIn case the respective company's primary exchange’s official listing page does not report in U.S. dollars, it will be converted to U.S. dollars using the U.S. Federal Reserve Board’s H.10 foreign exchange reference rate for the relevant currency pair on the company’s first trading day (https://www.federalreserve.gov/releases/h10/). If no such rate is available for the relevant trading day, the most recent previously published rate will be used. If the relevant currency is not listed, another credible exchange rate source will be used.\n\nA listed company may resolve to \"No\" as soon as it becomes unable to complete an IPO, including due to acquisition, merger, or absorption by an entity that is already publicly traded.\n\nIn the event of an interruption in the course of the normal trading session on the respective companies’ first day of trading (e.g., a circuit breaker or half-day), the market will resolve according to the official closing price of the abbreviated session. If no such official closing price is published, the market will resolve according to the next trading day on which an official closing price is published, treating that as the first day of trading for purposes of this market.",
        "arbitration_model": "uma_oracle",
        "proposer": "managed_whitelist",
        "source": null,
        "source_status": "platform_named",
        "source_citation": "https://www.federalreserve.gov/releases/h10/",
        "sources": [
          {
            "name": "federalreserve.gov",
            "url": "https://www.federalreserve.gov/releases/h10/",
            "provenance": "platform_api"
          }
        ],
        "source_of_record": null,
        "source_mechanism": "precedence",
        "source_type": null,
        "source_quality": null,
        "source_commitment": "named",
        "source_commitment_subtype": "named",
        "source_hedge_text": null
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      "rcg": {
        "grade": "A",
        "score": 92,
        "caps": [],
        "applied_factors": 7
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      "last_price": 0,
      "implied_probability": 0,
      "volume_24h_usd": 0,
      "volume_total_usd": 0,
      "settlement_style": "touch",
      "direction": null,
      "threshold": null,
      "question_id": "CMX-E3CB788C70",
      "also_on": null,
      "tags": [
        "largest ipo cap"
      ],
      "eligibility_screens": null
    },
    {
      "market_id": "CM-MKT-6MCV554GZ0",
      "event_id": "CM-EVT-NRC039X6K7",
      "platform": "polymarket",
      "platform_market_id": "0x5c625047646a86600babe5886904cf7ce0eb970a11386b6469f46f35f76d64ef",
      "question": "Will Placeholder AO have the highest IPO Market Cap 2026?",
      "description": "This market will resolve to the company that achieves the highest market capitalization in U.S. dollars based on the official closing price on its first trading day in 2026.\n\nThis market will resolve to a company that completes an Initial Public Offering (IPO) between January 1 and December 31, 2026, 11:59 PM ET.\n\nMarket capitalization is defined as the total number of outstanding shares multiplied by the closing share price on the first trading day.\n\nIf two or more companies have exactly equal highest closing market capitalizations, this market will resolve to the company whose listed name co",
      "contract_type": "binary",
      "settlement_currency": "USDC",
      "underlying_reference": "Placeholder AO: The listed company completing an IPO between January 1 and December 31, 2026 with the highest market capitalization on its first trading day, calculated as outstanding shares multiplied by closing price, resolves the outcome.",
      "close_at": "2026-12-31T00:00:00Z",
      "resolve_at": "2026-12-31T00:00:00Z",
      "status": "closed",
      "resolution": {
        "rules_raw": "This market will resolve to the company that achieves the highest market capitalization in U.S. dollars based on the official closing price on its first trading day in 2026.\n\nThis market will resolve to a company that completes an Initial Public Offering (IPO) between January 1 and December 31, 2026, 11:59 PM ET.\n\nMarket capitalization is defined as the total number of outstanding shares multiplied by the closing share price on the first trading day.\n\nIf two or more companies have exactly equal highest closing market capitalizations, this market will resolve to the company whose listed name comes first alphabetically.\n\nResolution will be based on the primary exchange’s official listing page. In the event that the relevant figure is not displayed, another reliable source will be used.\n\nIn case the respective company's primary exchange’s official listing page does not report in U.S. dollars, it will be converted to U.S. dollars using the U.S. Federal Reserve Board’s H.10 foreign exchange reference rate for the relevant currency pair on the company’s first trading day (https://www.federalreserve.gov/releases/h10/). If no such rate is available for the relevant trading day, the most recent previously published rate will be used. If the relevant currency is not listed, another credible exchange rate source will be used.\n\nA listed company may resolve to \"No\" as soon as it becomes unable to complete an IPO, including due to acquisition, merger, or absorption by an entity that is already publicly traded.\n\nIn the event of an interruption in the course of the normal trading session on the respective companies’ first day of trading (e.g., a circuit breaker or half-day), the market will resolve according to the official closing price of the abbreviated session. If no such official closing price is published, the market will resolve according to the next trading day on which an official closing price is published, treating that as the first day of trading for purposes of this market.",
        "arbitration_model": "uma_oracle",
        "proposer": "managed_whitelist",
        "source": null,
        "source_status": "platform_named",
        "source_citation": "https://www.federalreserve.gov/releases/h10/",
        "sources": [
          {
            "name": "federalreserve.gov",
            "url": "https://www.federalreserve.gov/releases/h10/",
            "provenance": "platform_api"
          }
        ],
        "source_of_record": null,
        "source_mechanism": "precedence",
        "source_type": null,
        "source_quality": null,
        "source_commitment": "named",
        "source_commitment_subtype": "named",
        "source_hedge_text": null
      },
      "rcg": {
        "grade": "A",
        "score": 92,
        "caps": [],
        "applied_factors": 7
      },
      "last_price": 0,
      "implied_probability": 0,
      "volume_24h_usd": 0,
      "volume_total_usd": 0,
      "settlement_style": "touch",
      "direction": null,
      "threshold": null,
      "question_id": "CMX-06C98DF36B",
      "also_on": null,
      "tags": [
        "largest ipo cap"
      ],
      "eligibility_screens": null
    },
    {
      "market_id": "CM-MKT-86R0QR5MT1",
      "event_id": "CM-EVT-NRC039X6K7",
      "platform": "polymarket",
      "platform_market_id": "0xe73018c010e4190d54aa3e583bec77197714eb144e4e7a27e8bd36c010e038c4",
      "question": "Will Placeholder AX have the highest IPO Market Cap 2026?",
      "description": "This market will resolve to the company that achieves the highest market capitalization in U.S. dollars based on the official closing price on its first trading day in 2026.\n\nThis market will resolve to a company that completes an Initial Public Offering (IPO) between January 1 and December 31, 2026, 11:59 PM ET.\n\nMarket capitalization is defined as the total number of outstanding shares multiplied by the closing share price on the first trading day.\n\nIf two or more companies have exactly equal highest closing market capitalizations, this market will resolve to the company whose listed name co",
      "contract_type": "binary",
      "settlement_currency": "USDC",
      "underlying_reference": "Placeholder AX: The listed company completing an IPO between January 1 and December 31, 2026 with the highest market capitalization on its first trading day, calculated as outstanding shares multiplied by closing price, resolves the outcome.",
      "close_at": "2026-12-31T00:00:00Z",
      "resolve_at": "2026-12-31T00:00:00Z",
      "status": "closed",
      "resolution": {
        "rules_raw": "This market will resolve to the company that achieves the highest market capitalization in U.S. dollars based on the official closing price on its first trading day in 2026.\n\nThis market will resolve to a company that completes an Initial Public Offering (IPO) between January 1 and December 31, 2026, 11:59 PM ET.\n\nMarket capitalization is defined as the total number of outstanding shares multiplied by the closing share price on the first trading day.\n\nIf two or more companies have exactly equal highest closing market capitalizations, this market will resolve to the company whose listed name comes first alphabetically.\n\nResolution will be based on the primary exchange’s official listing page. In the event that the relevant figure is not displayed, another reliable source will be used.\n\nIn case the respective company's primary exchange’s official listing page does not report in U.S. dollars, it will be converted to U.S. dollars using the U.S. Federal Reserve Board’s H.10 foreign exchange reference rate for the relevant currency pair on the company’s first trading day (https://www.federalreserve.gov/releases/h10/). If no such rate is available for the relevant trading day, the most recent previously published rate will be used. If the relevant currency is not listed, another credible exchange rate source will be used.\n\nA listed company may resolve to \"No\" as soon as it becomes unable to complete an IPO, including due to acquisition, merger, or absorption by an entity that is already publicly traded.\n\nIn the event of an interruption in the course of the normal trading session on the respective companies’ first day of trading (e.g., a circuit breaker or half-day), the market will resolve according to the official closing price of the abbreviated session. If no such official closing price is published, the market will resolve according to the next trading day on which an official closing price is published, treating that as the first day of trading for purposes of this market.",
        "arbitration_model": "uma_oracle",
        "proposer": "managed_whitelist",
        "source": null,
        "source_status": "platform_named",
        "source_citation": "https://www.federalreserve.gov/releases/h10/",
        "sources": [
          {
            "name": "federalreserve.gov",
            "url": "https://www.federalreserve.gov/releases/h10/",
            "provenance": "platform_api"
          }
        ],
        "source_of_record": null,
        "source_mechanism": "precedence",
        "source_type": null,
        "source_quality": null,
        "source_commitment": "named",
        "source_commitment_subtype": "named",
        "source_hedge_text": null
      },
      "rcg": {
        "grade": "A",
        "score": 92,
        "caps": [],
        "applied_factors": 7
      },
      "last_price": 0,
      "implied_probability": 0,
      "volume_24h_usd": 0,
      "volume_total_usd": 0,
      "settlement_style": "touch",
      "direction": null,
      "threshold": null,
      "question_id": "CMX-ABEACAE95C",
      "also_on": null,
      "tags": [
        "largest ipo cap"
      ],
      "eligibility_screens": null
    },
    {
      "market_id": "CM-MKT-MM36Q86KL8",
      "event_id": "CM-EVT-NRC039X6K7",
      "platform": "polymarket",
      "platform_market_id": "0x0cbd0138e4177b91b9f4d0b728e379d78fcd1edc749a4a11eb58b8312a0c7090",
      "question": "Will Placeholder BA have the highest IPO Market Cap 2026?",
      "description": "This market will resolve to the company that achieves the highest market capitalization in U.S. dollars based on the official closing price on its first trading day in 2026.\n\nThis market will resolve to a company that completes an Initial Public Offering (IPO) between January 1 and December 31, 2026, 11:59 PM ET.\n\nMarket capitalization is defined as the total number of outstanding shares multiplied by the closing share price on the first trading day.\n\nIf two or more companies have exactly equal highest closing market capitalizations, this market will resolve to the company whose listed name co",
      "contract_type": "binary",
      "settlement_currency": "USDC",
      "underlying_reference": "Placeholder BA: The listed company completing an IPO between January 1 and December 31, 2026 with the highest market capitalization on its first trading day, calculated as outstanding shares multiplied by closing price, resolves the outcome.",
      "close_at": "2026-12-31T00:00:00Z",
      "resolve_at": "2026-12-31T00:00:00Z",
      "status": "closed",
      "resolution": {
        "rules_raw": "This market will resolve to the company that achieves the highest market capitalization in U.S. dollars based on the official closing price on its first trading day in 2026.\n\nThis market will resolve to a company that completes an Initial Public Offering (IPO) between January 1 and December 31, 2026, 11:59 PM ET.\n\nMarket capitalization is defined as the total number of outstanding shares multiplied by the closing share price on the first trading day.\n\nIf two or more companies have exactly equal highest closing market capitalizations, this market will resolve to the company whose listed name comes first alphabetically.\n\nResolution will be based on the primary exchange’s official listing page. In the event that the relevant figure is not displayed, another reliable source will be used.\n\nIn case the respective company's primary exchange’s official listing page does not report in U.S. dollars, it will be converted to U.S. dollars using the U.S. Federal Reserve Board’s H.10 foreign exchange reference rate for the relevant currency pair on the company’s first trading day (https://www.federalreserve.gov/releases/h10/). If no such rate is available for the relevant trading day, the most recent previously published rate will be used. If the relevant currency is not listed, another credible exchange rate source will be used.\n\nA listed company may resolve to \"No\" as soon as it becomes unable to complete an IPO, including due to acquisition, merger, or absorption by an entity that is already publicly traded.\n\nIn the event of an interruption in the course of the normal trading session on the respective companies’ first day of trading (e.g., a circuit breaker or half-day), the market will resolve according to the official closing price of the abbreviated session. If no such official closing price is published, the market will resolve according to the next trading day on which an official closing price is published, treating that as the first day of trading for purposes of this market.",
        "arbitration_model": "uma_oracle",
        "proposer": "managed_whitelist",
        "source": null,
        "source_status": "platform_named",
        "source_citation": "https://www.federalreserve.gov/releases/h10/",
        "sources": [
          {
            "name": "federalreserve.gov",
            "url": "https://www.federalreserve.gov/releases/h10/",
            "provenance": "platform_api"
          }
        ],
        "source_of_record": null,
        "source_mechanism": "precedence",
        "source_type": null,
        "source_quality": null,
        "source_commitment": "named",
        "source_commitment_subtype": "named",
        "source_hedge_text": null
      },
      "rcg": {
        "grade": "A",
        "score": 92,
        "caps": [],
        "applied_factors": 7
      },
      "last_price": 0,
      "implied_probability": 0,
      "volume_24h_usd": 0,
      "volume_total_usd": 0,
      "settlement_style": "touch",
      "direction": null,
      "threshold": null,
      "question_id": "CMX-E0068841C7",
      "also_on": null,
      "tags": [
        "largest ipo cap"
      ],
      "eligibility_screens": null
    }
  ],
  "resolution_log": [
    {
      "market_id": "CM-MKT-3RPMP15DS9",
      "platform": "polymarket",
      "outcome": "closed",
      "resolved_at": "2026-12-31T00:00:00Z",
      "final_price": null,
      "recorded_at": "2026-07-06",
      "source": "platform_api",
      "source_ref": null
    },
    {
      "market_id": "CM-MKT-45RTYTVFV6",
      "platform": "polymarket",
      "outcome": "closed",
      "resolved_at": "2026-12-31T00:00:00Z",
      "final_price": null,
      "recorded_at": "2026-07-06",
      "source": "platform_api",
      "source_ref": null
    },
    {
      "market_id": "CM-MKT-F6G7QRRK38",
      "platform": "polymarket",
      "outcome": "closed",
      "resolved_at": "2026-12-31T00:00:00Z",
      "final_price": null,
      "recorded_at": "2026-07-06",
      "source": "platform_api",
      "source_ref": null
    },
    {
      "market_id": "CM-MKT-NYCVTLSN69",
      "platform": "polymarket",
      "outcome": "closed",
      "resolved_at": "2026-12-31T00:00:00Z",
      "final_price": null,
      "recorded_at": "2026-07-06",
      "source": "platform_api",
      "source_ref": null
    },
    {
      "market_id": "CM-MKT-19289SBSR0",
      "platform": "polymarket",
      "outcome": "closed",
      "resolved_at": "2026-12-31T00:00:00Z",
      "final_price": null,
      "recorded_at": "2026-07-06",
      "source": "platform_api",
      "source_ref": null
    },
    {
      "market_id": "CM-MKT-GK3X2B47C6",
      "platform": "polymarket",
      "outcome": "closed",
      "resolved_at": "2026-12-31T00:00:00Z",
      "final_price": null,
      "recorded_at": "2026-07-06",
      "source": "platform_api",
      "source_ref": null
    },
    {
      "market_id": "CM-MKT-CFRNFVTZ90",
      "platform": "polymarket",
      "outcome": "closed",
      "resolved_at": "2026-12-31T00:00:00Z",
      "final_price": null,
      "recorded_at": "2026-07-06",
      "source": "platform_api",
      "source_ref": null
    },
    {
      "market_id": "CM-MKT-391RCV9YL9",
      "platform": "polymarket",
      "outcome": "closed",
      "resolved_at": "2026-12-31T00:00:00Z",
      "final_price": null,
      "recorded_at": "2026-07-06",
      "source": "platform_api",
      "source_ref": null
    },
    {
      "market_id": "CM-MKT-YD0S4YY8S9",
      "platform": "polymarket",
      "outcome": "closed",
      "resolved_at": "2026-12-31T00:00:00Z",
      "final_price": null,
      "recorded_at": "2026-07-06",
      "source": "platform_api",
      "source_ref": null
    },
    {
      "market_id": "CM-MKT-5F43YQ5KQ0",
      "platform": "polymarket",
      "outcome": "closed",
      "resolved_at": "2026-12-31T00:00:00Z",
      "final_price": null,
      "recorded_at": "2026-07-06",
      "source": "platform_api",
      "source_ref": null
    },
    {
      "market_id": "CM-MKT-2Y0WJZKM33",
      "platform": "polymarket",
      "outcome": "closed",
      "resolved_at": "2026-12-31T00:00:00Z",
      "final_price": null,
      "recorded_at": "2026-07-06",
      "source": "platform_api",
      "source_ref": null
    },
    {
      "market_id": "CM-MKT-HD6W6JPQH0",
      "platform": "polymarket",
      "outcome": "closed",
      "resolved_at": "2026-12-31T00:00:00Z",
      "final_price": null,
      "recorded_at": "2026-07-06",
      "source": "platform_api",
      "source_ref": null
    },
    {
      "market_id": "CM-MKT-B8CN6D4R04",
      "platform": "polymarket",
      "outcome": "closed",
      "resolved_at": "2026-12-31T00:00:00Z",
      "final_price": null,
      "recorded_at": "2026-07-06",
      "source": "platform_api",
      "source_ref": null
    },
    {
      "market_id": "CM-MKT-TNCKG7CGK6",
      "platform": "polymarket",
      "outcome": "closed",
      "resolved_at": "2026-12-31T00:00:00Z",
      "final_price": null,
      "recorded_at": "2026-07-06",
      "source": "platform_api",
      "source_ref": null
    },
    {
      "market_id": "CM-MKT-5B1380XJV7",
      "platform": "polymarket",
      "outcome": "closed",
      "resolved_at": "2026-12-31T00:00:00Z",
      "final_price": null,
      "recorded_at": "2026-07-06",
      "source": "platform_api",
      "source_ref": null
    },
    {
      "market_id": "CM-MKT-MG9X1SGRH7",
      "platform": "polymarket",
      "outcome": "closed",
      "resolved_at": "2026-12-31T00:00:00Z",
      "final_price": null,
      "recorded_at": "2026-07-06",
      "source": "platform_api",
      "source_ref": null
    },
    {
      "market_id": "CM-MKT-JMMQ3KDHY2",
      "platform": "polymarket",
      "outcome": "closed",
      "resolved_at": "2026-12-31T00:00:00Z",
      "final_price": null,
      "recorded_at": "2026-07-06",
      "source": "platform_api",
      "source_ref": null
    },
    {
      "market_id": "CM-MKT-S9NFPKL8M9",
      "platform": "polymarket",
      "outcome": "closed",
      "resolved_at": "2026-12-31T00:00:00Z",
      "final_price": null,
      "recorded_at": "2026-07-06",
      "source": "platform_api",
      "source_ref": null
    },
    {
      "market_id": "CM-MKT-1NCGT8Q315",
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