{
  "_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-WQPBKB71L3",
  "slug": "stripe-ipo-closing-market-cap",
  "question": "Will Stripe's IPO closing market cap exceed $100 billion?",
  "category": "financials",
  "event_type": "BINARY",
  "ladder_distribution": null,
  "tags": [
    "financials",
    "stripe-ipo",
    "market-cap-valuation",
    "finance",
    "2026",
    "ipo-pricing"
  ],
  "catalyst_types": [],
  "catalyst_dates": [],
  "editorial_notes": "These markets track Stripe's IPO-day closing market cap across discrete valuation tiers. Polymarket structures the event as mutually exclusive binary brackets: below $80B, $80-100B, $100-120B, $120-140B, and $140B or above. A sixth market prices the probability that no IPO occurs before June 30, 2026. All six resolve via Polymarket's UMA Optimistic Oracle against the IPO-day closing market cap as reported by the authoritative source.",
  "venues_covered": [
    "polymarket"
  ],
  "primary_market_id": "CM-MKT-M1W4VZLC62",
  "current_primary_mark": {
    "last_price": 0,
    "implied_probability": 0
  },
  "created_at": "2026-07-06T00:30:45.836226+00:00",
  "updated_at": "2026-07-06T00:30:45.836226+00:00",
  "markets": [
    {
      "market_id": "CM-MKT-M1W4VZLC62",
      "event_id": "CM-EVT-WQPBKB71L3",
      "platform": "polymarket",
      "platform_market_id": "0x4f864dda711ee273e6eb7925aada5d984da51a5f423122a00f6ae9532a3c28b9",
      "question": "Will Stripe’s market cap be less than $80B at market close on IPO day?",
      "description": "This market will resolve based on Stripe's market capitalization at the closing price on its first day of trading.\n\nIf no IPO occurs by June 30, 2026, 11:59 PM ET, the market will resolve to \"No IPO by June 30, 2026\".\n\nMarket capitalization expresses the monetary value of a company’s outstanding shares, stated in its pricing currency. It is calculated as the number of shares outstanding multiplied by the closing share price on the first trading day.\n\nIf the relevant value falls exactly between two brackets, then this market will resolve to the higher range bracket.\n\nResolution will be based on",
      "contract_type": "binary",
      "settlement_currency": "USDC",
      "underlying_reference": "<80B: Resolution per the event's stated source and mechanism (subject supplied per market).",
      "close_at": "2026-06-30T00:00:00Z",
      "resolve_at": "2026-06-30T00:00:00Z",
      "status": "resolved",
      "resolution": {
        "rules_raw": "This market will resolve based on Stripe's market capitalization at the closing price on its first day of trading.\n\nIf no IPO occurs by June 30, 2026, 11:59 PM ET, the market will resolve to \"No IPO by June 30, 2026\".\n\nMarket capitalization expresses the monetary value of a company’s outstanding shares, stated in its pricing currency. It is calculated as the number of shares outstanding multiplied by the closing share price on the first trading day.\n\nIf the relevant value falls exactly between two brackets, then this market will resolve to the higher range bracket.\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 the event of an interruption in the course of the normal trading session on Stripe’s 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": null,
        "sources": [
          {
            "name": "another reliable source",
            "url": null,
            "provenance": "clearmarket_editorial"
          }
        ],
        "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": 85,
        "caps": [],
        "applied_factors": 7
      },
      "last_price": 0,
      "implied_probability": 0,
      "volume_24h_usd": null,
      "volume_total_usd": 87427.10641799984,
      "settlement_style": "terminal",
      "direction": "below",
      "threshold": 80,
      "question_id": "CMX-B568F9CF80",
      "also_on": null,
      "tags": [
        "ipo",
        "market-cap",
        "stripe"
      ],
      "eligibility_screens": null
    },
    {
      "market_id": "CM-MKT-WHXBVX7YM9",
      "event_id": "CM-EVT-WQPBKB71L3",
      "platform": "polymarket",
      "platform_market_id": "0xc7aca5ec2ab64207578a5461e4f3d2ad2362a6ca9edcaa6b6f05553a7d541819",
      "question": "Will Stripe’s market cap be between $80B and $100B at market close on IPO day?",
      "description": "This market will resolve based on Stripe's market capitalization at the closing price on its first day of trading.\n\nIf no IPO occurs by June 30, 2026, 11:59 PM ET, the market will resolve to \"No IPO by June 30, 2026\".\n\nMarket capitalization expresses the monetary value of a company’s outstanding shares, stated in its pricing currency. It is calculated as the number of shares outstanding multiplied by the closing share price on the first trading day.\n\nIf the relevant value falls exactly between two brackets, then this market will resolve to the higher range bracket.\n\nResolution will be based on",
      "contract_type": "binary",
      "settlement_currency": "USDC",
      "underlying_reference": "80–100B: Resolution per the event's stated source and mechanism (subject supplied per market).",
      "close_at": "2026-06-30T00:00:00Z",
      "resolve_at": "2026-06-30T00:00:00Z",
      "status": "resolved",
      "resolution": {
        "rules_raw": "This market will resolve based on Stripe's market capitalization at the closing price on its first day of trading.\n\nIf no IPO occurs by June 30, 2026, 11:59 PM ET, the market will resolve to \"No IPO by June 30, 2026\".\n\nMarket capitalization expresses the monetary value of a company’s outstanding shares, stated in its pricing currency. It is calculated as the number of shares outstanding multiplied by the closing share price on the first trading day.\n\nIf the relevant value falls exactly between two brackets, then this market will resolve to the higher range bracket.\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 the event of an interruption in the course of the normal trading session on Stripe’s 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": null,
        "sources": [
          {
            "name": "another reliable source",
            "url": null,
            "provenance": "clearmarket_editorial"
          }
        ],
        "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": 85,
        "caps": [],
        "applied_factors": 7
      },
      "last_price": 0,
      "implied_probability": 0,
      "volume_24h_usd": null,
      "volume_total_usd": 21891.296031999987,
      "settlement_style": "terminal",
      "direction": "between",
      "threshold": null,
      "question_id": "CMX-17500A8F60",
      "also_on": null,
      "tags": [
        "ipo",
        "market-cap",
        "stripe"
      ],
      "eligibility_screens": null
    },
    {
      "market_id": "CM-MKT-QZH4FV9H26",
      "event_id": "CM-EVT-WQPBKB71L3",
      "platform": "polymarket",
      "platform_market_id": "0x4cb1b09d2a17a1e21e459f4e431999bc3bfbb40cc9023b3354aa70e2d7d81875",
      "question": "Will Stripe’s market cap be between $100B and $120B at market close on IPO day?",
      "description": "This market will resolve based on Stripe's market capitalization at the closing price on its first day of trading.\n\nIf no IPO occurs by June 30, 2026, 11:59 PM ET, the market will resolve to \"No IPO by June 30, 2026\".\n\nMarket capitalization expresses the monetary value of a company’s outstanding shares, stated in its pricing currency. It is calculated as the number of shares outstanding multiplied by the closing share price on the first trading day.\n\nIf the relevant value falls exactly between two brackets, then this market will resolve to the higher range bracket.\n\nResolution will be based on",
      "contract_type": "binary",
      "settlement_currency": "USDC",
      "underlying_reference": "100–120B: Resolution per the event's stated source and mechanism (subject supplied per market).",
      "close_at": "2026-06-30T00:00:00Z",
      "resolve_at": "2026-06-30T00:00:00Z",
      "status": "resolved",
      "resolution": {
        "rules_raw": "This market will resolve based on Stripe's market capitalization at the closing price on its first day of trading.\n\nIf no IPO occurs by June 30, 2026, 11:59 PM ET, the market will resolve to \"No IPO by June 30, 2026\".\n\nMarket capitalization expresses the monetary value of a company’s outstanding shares, stated in its pricing currency. It is calculated as the number of shares outstanding multiplied by the closing share price on the first trading day.\n\nIf the relevant value falls exactly between two brackets, then this market will resolve to the higher range bracket.\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 the event of an interruption in the course of the normal trading session on Stripe’s 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": null,
        "sources": [
          {
            "name": "another reliable source",
            "url": null,
            "provenance": "clearmarket_editorial"
          }
        ],
        "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": 85,
        "caps": [],
        "applied_factors": 7
      },
      "last_price": 0,
      "implied_probability": 0,
      "volume_24h_usd": null,
      "volume_total_usd": 24941.745597999998,
      "settlement_style": "terminal",
      "direction": "between",
      "threshold": null,
      "question_id": "CMX-17500A8F60",
      "also_on": null,
      "tags": [
        "ipo",
        "market-cap",
        "stripe"
      ],
      "eligibility_screens": null
    },
    {
      "market_id": "CM-MKT-22DQPXPDZ0",
      "event_id": "CM-EVT-WQPBKB71L3",
      "platform": "polymarket",
      "platform_market_id": "0x8ec3037f6f989717b8321b9c6d297698c5827d3f17bc06fa276a6826a0b468bc",
      "question": "Will Stripe’s market cap be between $120B and $140B at market close on IPO day?",
      "description": "This market will resolve based on Stripe's market capitalization at the closing price on its first day of trading.\n\nIf no IPO occurs by June 30, 2026, 11:59 PM ET, the market will resolve to \"No IPO by June 30, 2026\".\n\nMarket capitalization expresses the monetary value of a company’s outstanding shares, stated in its pricing currency. It is calculated as the number of shares outstanding multiplied by the closing share price on the first trading day.\n\nIf the relevant value falls exactly between two brackets, then this market will resolve to the higher range bracket.\n\nResolution will be based on",
      "contract_type": "binary",
      "settlement_currency": "USDC",
      "underlying_reference": "120–140B: Resolution per the event's stated source and mechanism (subject supplied per market).",
      "close_at": "2026-06-30T00:00:00Z",
      "resolve_at": "2026-06-30T00:00:00Z",
      "status": "resolved",
      "resolution": {
        "rules_raw": "This market will resolve based on Stripe's market capitalization at the closing price on its first day of trading.\n\nIf no IPO occurs by June 30, 2026, 11:59 PM ET, the market will resolve to \"No IPO by June 30, 2026\".\n\nMarket capitalization expresses the monetary value of a company’s outstanding shares, stated in its pricing currency. It is calculated as the number of shares outstanding multiplied by the closing share price on the first trading day.\n\nIf the relevant value falls exactly between two brackets, then this market will resolve to the higher range bracket.\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 the event of an interruption in the course of the normal trading session on Stripe’s 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": null,
        "sources": [
          {
            "name": "another reliable source",
            "url": null,
            "provenance": "clearmarket_editorial"
          }
        ],
        "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": 85,
        "caps": [],
        "applied_factors": 7
      },
      "last_price": 0,
      "implied_probability": 0,
      "volume_24h_usd": null,
      "volume_total_usd": 40360.941308,
      "settlement_style": "terminal",
      "direction": "between",
      "threshold": null,
      "question_id": "CMX-17500A8F60",
      "also_on": null,
      "tags": [
        "ipo",
        "market-cap",
        "stripe"
      ],
      "eligibility_screens": null
    },
    {
      "market_id": "CM-MKT-C38W4JBGV9",
      "event_id": "CM-EVT-WQPBKB71L3",
      "platform": "polymarket",
      "platform_market_id": "0x4b04e14bcde7be95db753c88f6fed57423835215bb41937406e75dc22a789b0c",
      "question": "Will Stripe’s market cap be $140B or greater at market close on IPO day?",
      "description": "This market will resolve based on Stripe's market capitalization at the closing price on its first day of trading.\n\nIf no IPO occurs by June 30, 2026, 11:59 PM ET, the market will resolve to \"No IPO by June 30, 2026\".\n\nMarket capitalization expresses the monetary value of a company’s outstanding shares, stated in its pricing currency. It is calculated as the number of shares outstanding multiplied by the closing share price on the first trading day.\n\nIf the relevant value falls exactly between two brackets, then this market will resolve to the higher range bracket.\n\nResolution will be based on",
      "contract_type": "binary",
      "settlement_currency": "USDC",
      "underlying_reference": "140B+: Resolution per the event's stated source and mechanism (subject supplied per market).",
      "close_at": "2026-06-30T00:00:00Z",
      "resolve_at": "2026-06-30T00:00:00Z",
      "status": "resolved",
      "resolution": {
        "rules_raw": "This market will resolve based on Stripe's market capitalization at the closing price on its first day of trading.\n\nIf no IPO occurs by June 30, 2026, 11:59 PM ET, the market will resolve to \"No IPO by June 30, 2026\".\n\nMarket capitalization expresses the monetary value of a company’s outstanding shares, stated in its pricing currency. It is calculated as the number of shares outstanding multiplied by the closing share price on the first trading day.\n\nIf the relevant value falls exactly between two brackets, then this market will resolve to the higher range bracket.\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 the event of an interruption in the course of the normal trading session on Stripe’s 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": null,
        "sources": [
          {
            "name": "another reliable source",
            "url": null,
            "provenance": "clearmarket_editorial"
          }
        ],
        "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": 85,
        "caps": [],
        "applied_factors": 7
      },
      "last_price": 0,
      "implied_probability": 0,
      "volume_24h_usd": 2.29,
      "volume_total_usd": 24339.977639000022,
      "settlement_style": "terminal",
      "direction": "above",
      "threshold": 140,
      "question_id": "CMX-F3E5447BD8",
      "also_on": null,
      "tags": [
        "ipo",
        "market-cap",
        "stripe"
      ],
      "eligibility_screens": null
    },
    {
      "market_id": "CM-MKT-LHW5C0P0Q9",
      "event_id": "CM-EVT-WQPBKB71L3",
      "platform": "polymarket",
      "platform_market_id": "0xe478b515162e00d4b682e2e480e847487f5e824bbc5c7c1d4587ee68bcb4befe",
      "question": "Will Stripe not IPO by June 30, 2026?",
      "description": "This market will resolve based on Stripe's market capitalization at the closing price on its first day of trading.\n\nIf no IPO occurs by June 30, 2026, 11:59 PM ET, the market will resolve to \"No IPO by June 30, 2026\".\n\nMarket capitalization expresses the monetary value of a company’s outstanding shares, stated in its pricing currency. It is calculated as the number of shares outstanding multiplied by the closing share price on the first trading day.\n\nIf the relevant value falls exactly between two brackets, then this market will resolve to the higher range bracket.\n\nResolution will be based on",
      "contract_type": "binary",
      "settlement_currency": "USDC",
      "underlying_reference": "No IPO by June 30, 2026: Resolution per the event's stated source and mechanism (subject supplied per market).",
      "close_at": "2026-06-30T00:00:00Z",
      "resolve_at": "2026-06-30T00:00:00Z",
      "status": "resolved",
      "resolution": {
        "rules_raw": "This market will resolve based on Stripe's market capitalization at the closing price on its first day of trading.\n\nIf no IPO occurs by June 30, 2026, 11:59 PM ET, the market will resolve to \"No IPO by June 30, 2026\".\n\nMarket capitalization expresses the monetary value of a company’s outstanding shares, stated in its pricing currency. It is calculated as the number of shares outstanding multiplied by the closing share price on the first trading day.\n\nIf the relevant value falls exactly between two brackets, then this market will resolve to the higher range bracket.\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 the event of an interruption in the course of the normal trading session on Stripe’s 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": null,
        "sources": [
          {
            "name": "another reliable source",
            "url": null,
            "provenance": "clearmarket_editorial"
          }
        ],
        "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": 85,
        "caps": [],
        "applied_factors": 7
      },
      "last_price": 1,
      "implied_probability": 1,
      "volume_24h_usd": null,
      "volume_total_usd": 59583.55227600031,
      "settlement_style": "occurrence",
      "direction": "occurrence",
      "threshold": null,
      "question_id": "CMX-0C12CC1DF3",
      "also_on": null,
      "tags": [
        "ipo",
        "stripe"
      ],
      "eligibility_screens": null
    }
  ],
  "resolution_log": [
    {
      "market_id": "CM-MKT-M1W4VZLC62",
      "platform": "polymarket",
      "outcome": "NO",
      "resolved_at": "2026-06-30T00:00:00Z",
      "final_price": 0,
      "recorded_at": "2026-07-06",
      "source": "platform_api",
      "source_ref": null
    },
    {
      "market_id": "CM-MKT-WHXBVX7YM9",
      "platform": "polymarket",
      "outcome": "NO",
      "resolved_at": "2026-06-30T00:00:00Z",
      "final_price": 0,
      "recorded_at": "2026-07-06",
      "source": "platform_api",
      "source_ref": null
    },
    {
      "market_id": "CM-MKT-QZH4FV9H26",
      "platform": "polymarket",
      "outcome": "NO",
      "resolved_at": "2026-06-30T00:00:00Z",
      "final_price": 0,
      "recorded_at": "2026-07-06",
      "source": "platform_api",
      "source_ref": null
    },
    {
      "market_id": "CM-MKT-22DQPXPDZ0",
      "platform": "polymarket",
      "outcome": "NO",
      "resolved_at": "2026-06-30T00:00:00Z",
      "final_price": 0,
      "recorded_at": "2026-07-06",
      "source": "platform_api",
      "source_ref": null
    },
    {
      "market_id": "CM-MKT-C38W4JBGV9",
      "platform": "polymarket",
      "outcome": "NO",
      "resolved_at": "2026-06-30T00:00:00Z",
      "final_price": 0,
      "recorded_at": "2026-07-06",
      "source": "platform_api",
      "source_ref": null
    },
    {
      "market_id": "CM-MKT-LHW5C0P0Q9",
      "platform": "polymarket",
      "outcome": "YES",
      "resolved_at": "2026-06-30T00:00:00Z",
      "final_price": 1,
      "recorded_at": "2026-07-06",
      "source": "platform_api",
      "source_ref": null
    }
  ],
  "_provenance": {
    "source": "clearmarket.fyi",
    "ref": "CM-EVT-WQPBKB71L3",
    "terms": "Attribution required. clearmarket.fyi"
  }
}