{
  "_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-JM1C205587",
  "slug": "tread-fdv-above-one-day-after-launch",
  "question": "Tread fully diluted valuation, one day after launch",
  "category": "crypto",
  "event_type": "LADDER",
  "ladder_distribution": {
    "direction": "above",
    "implied_band": [
      null,
      40000000
    ],
    "strikes": [
      {
        "threshold": 40000000,
        "prob": 42
      },
      {
        "threshold": 80000000,
        "prob": 35
      },
      {
        "threshold": 100000000,
        "prob": 22
      },
      {
        "threshold": 150000000,
        "prob": 14
      },
      {
        "threshold": 200000000,
        "prob": 7
      },
      {
        "threshold": 300000000,
        "prob": 4
      },
      {
        "threshold": 400000000,
        "prob": 6
      },
      {
        "threshold": 500000000,
        "prob": 2
      }
    ]
  },
  "tags": [
    "crypto",
    "token-launch",
    "fdv-valuation",
    "market-cap",
    "2028"
  ],
  "catalyst_types": [],
  "catalyst_dates": [],
  "editorial_notes": "These markets track the fully diluted valuation of the Tread token one day after launch. FDV is calculated as total supply multiplied by price at 4:00 PM ET on the measurement date. Eight binary strike thresholds span $40M to $500M, forming an implied probability curve across valuation outcomes. All eight markets resolve via Polymarket's UMA Optimistic Oracle, with a common deadline of January 1, 2028.",
  "venues_covered": [
    "polymarket"
  ],
  "primary_market_id": "CM-MKT-6VVGMMXCG3",
  "current_primary_mark": {
    "last_price": 0.42,
    "implied_probability": 0.42
  },
  "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-LDH7YMWJ58",
      "event_id": "CM-EVT-JM1C205587",
      "platform": "polymarket",
      "platform_market_id": "0x00cb87d62e4a2668754fc58ed8f1462393c516794b2eca2d7991d3d0a043ab0e",
      "question": "Tread FDV above $100M one day after launch",
      "description": "This market will resolve to \"Yes\" if the Fully Diluted Valuation of Tread's token is greater than the value specified in the title 1 day after launch. Otherwise, the market will resolve to \"No.\"\n\nOnly an official token launched by Tread will qualify. Stablecoins, memecoins, LSTs and synthetic tokens will not count.\n\nThe token must be actively and publicly tradable to be considered a launch.\n\nThe FDV will be determined using the total token supply multiplied by the token price.\n\n\"1 day after launch\" is defined as 4:00 PM ET on the calendar day following launch. The resolution source for this ma",
      "contract_type": "binary",
      "settlement_currency": "USDC",
      "underlying_reference": "$100M: The named token's fully diluted valuation, calculated as total token supply multiplied by price at 4:00 PM ET one calendar day after public launch, determined via UMA Optimistic Oracle.",
      "close_at": "2028-01-01T05:00:00Z",
      "resolve_at": "2028-01-01T05:00:00Z",
      "status": "open",
      "resolution": {
        "rules_raw": "This market will resolve to \"Yes\" if the Fully Diluted Valuation of Tread's token is greater than the value specified in the title 1 day after launch. Otherwise, the market will resolve to \"No.\"\n\nOnly an official token launched by Tread will qualify. Stablecoins, memecoins, LSTs and synthetic tokens will not count.\n\nThe token must be actively and publicly tradable to be considered a launch.\n\nThe FDV will be determined using the total token supply multiplied by the token price.\n\n\"1 day after launch\" is defined as 4:00 PM ET on the calendar day following launch. The resolution source for this market is the most liquid price source available. If Tread (https://x.com/tread_fi) doesn't launch a token by January 1, 2028, 12:00 AM ET, this market will resolve to \"No\".",
        "arbitration_model": "uma_oracle",
        "proposer": "managed_whitelist",
        "source": null,
        "source_status": "no_committed_source",
        "source_citation": "https://x.com/tread_fi",
        "sources": [
          {
            "name": "x.com",
            "url": "https://x.com/tread_fi",
            "provenance": "platform_api"
          },
          {
            "name": "Tread (https://x.com/tread_fi)",
            "url": null,
            "provenance": "clearmarket_editorial"
          }
        ],
        "source_of_record": null,
        "source_mechanism": null,
        "source_type": null,
        "source_quality": null,
        "source_commitment": "uncommitted",
        "source_commitment_subtype": "uncommitted_placeholder",
        "source_hedge_text": null
      },
      "rcg": {
        "grade": "C",
        "score": 40,
        "caps": [
          "multi_source_no_conflict_rule",
          "commitment_uncommitted_placeholder"
        ],
        "applied_factors": 7
      },
      "last_price": 0.22,
      "implied_probability": 0.22,
      "volume_24h_usd": 75,
      "volume_total_usd": 12642.558859,
      "settlement_style": "terminal",
      "direction": "above",
      "threshold": 100000000,
      "question_id": "CMX-7DE120F2E9",
      "also_on": null,
      "tags": [
        "fdv",
        "token-launch",
        "tread"
      ],
      "eligibility_screens": null
    },
    {
      "market_id": "CM-MKT-14D3QZJ6F7",
      "event_id": "CM-EVT-JM1C205587",
      "platform": "polymarket",
      "platform_market_id": "0x5f0305a809413a8caedee320f7acdc01b27de5bf3d2e60bcde1b83650a0e362c",
      "question": "Tread FDV above $400M one day after launch",
      "description": "This market will resolve to \"Yes\" if the Fully Diluted Valuation of Tread's token is greater than the value specified in the title 1 day after launch. Otherwise, the market will resolve to \"No.\"\n\nOnly an official token launched by Tread will qualify. Stablecoins, memecoins, LSTs and synthetic tokens will not count.\n\nThe token must be actively and publicly tradable to be considered a launch.\n\nThe FDV will be determined using the total token supply multiplied by the token price.\n\n\"1 day after launch\" is defined as 4:00 PM ET on the calendar day following launch. The resolution source for this ma",
      "contract_type": "binary",
      "settlement_currency": "USDC",
      "underlying_reference": "$400M: The named token's fully diluted valuation, calculated as total token supply multiplied by price at 4:00 PM ET one calendar day after public launch, determined via UMA Optimistic Oracle.",
      "close_at": "2028-01-01T05:00:00Z",
      "resolve_at": "2028-01-01T05:00:00Z",
      "status": "open",
      "resolution": {
        "rules_raw": "This market will resolve to \"Yes\" if the Fully Diluted Valuation of Tread's token is greater than the value specified in the title 1 day after launch. Otherwise, the market will resolve to \"No.\"\n\nOnly an official token launched by Tread will qualify. Stablecoins, memecoins, LSTs and synthetic tokens will not count.\n\nThe token must be actively and publicly tradable to be considered a launch.\n\nThe FDV will be determined using the total token supply multiplied by the token price.\n\n\"1 day after launch\" is defined as 4:00 PM ET on the calendar day following launch. The resolution source for this market is the most liquid price source available. If Tread (https://x.com/tread_fi) doesn't launch a token by January 1, 2028, 12:00 AM ET, this market will resolve to \"No\".",
        "arbitration_model": "uma_oracle",
        "proposer": "managed_whitelist",
        "source": null,
        "source_status": "no_committed_source",
        "source_citation": "https://x.com/tread_fi",
        "sources": [
          {
            "name": "x.com",
            "url": "https://x.com/tread_fi",
            "provenance": "platform_api"
          },
          {
            "name": "Tread (https://x.com/tread_fi)",
            "url": null,
            "provenance": "clearmarket_editorial"
          }
        ],
        "source_of_record": null,
        "source_mechanism": null,
        "source_type": null,
        "source_quality": null,
        "source_commitment": "uncommitted",
        "source_commitment_subtype": "uncommitted_placeholder",
        "source_hedge_text": null
      },
      "rcg": {
        "grade": "C",
        "score": 40,
        "caps": [
          "multi_source_no_conflict_rule",
          "commitment_uncommitted_placeholder"
        ],
        "applied_factors": 7
      },
      "last_price": 0.06,
      "implied_probability": 0.06,
      "volume_24h_usd": null,
      "volume_total_usd": 841.4003140000001,
      "settlement_style": "terminal",
      "direction": "above",
      "threshold": 400000000,
      "question_id": "CMX-83BD324725",
      "also_on": null,
      "tags": [
        "fdv",
        "token-launch",
        "tread"
      ],
      "eligibility_screens": null
    },
    {
      "market_id": "CM-MKT-6VVGMMXCG3",
      "event_id": "CM-EVT-JM1C205587",
      "platform": "polymarket",
      "platform_market_id": "0x7f727e8f70f604ee886037325b53dbf2018974fc41d228b600c1e280e5f9ea85",
      "question": "Tread FDV above $40M one day after launch",
      "description": "This market will resolve to \"Yes\" if the Fully Diluted Valuation of Tread's token is greater than the value specified in the title 1 day after launch. Otherwise, the market will resolve to \"No.\"\n\nOnly an official token launched by Tread will qualify. Stablecoins, memecoins, LSTs and synthetic tokens will not count.\n\nThe token must be actively and publicly tradable to be considered a launch.\n\nThe FDV will be determined using the total token supply multiplied by the token price.\n\n\"1 day after launch\" is defined as 4:00 PM ET on the calendar day following launch. The resolution source for this ma",
      "contract_type": "binary",
      "settlement_currency": "USDC",
      "underlying_reference": "$40M: The named token's fully diluted valuation, calculated as total token supply multiplied by price at 4:00 PM ET one calendar day after public launch, determined via UMA Optimistic Oracle.",
      "close_at": "2028-01-01T05:00:00Z",
      "resolve_at": "2028-01-01T05:00:00Z",
      "status": "open",
      "resolution": {
        "rules_raw": "This market will resolve to \"Yes\" if the Fully Diluted Valuation of Tread's token is greater than the value specified in the title 1 day after launch. Otherwise, the market will resolve to \"No.\"\n\nOnly an official token launched by Tread will qualify. Stablecoins, memecoins, LSTs and synthetic tokens will not count.\n\nThe token must be actively and publicly tradable to be considered a launch.\n\nThe FDV will be determined using the total token supply multiplied by the token price.\n\n\"1 day after launch\" is defined as 4:00 PM ET on the calendar day following launch. The resolution source for this market is the most liquid price source available. If Tread (https://x.com/tread_fi) doesn't launch a token by January 1, 2028, 12:00 AM ET, this market will resolve to \"No\".",
        "arbitration_model": "uma_oracle",
        "proposer": "managed_whitelist",
        "source": null,
        "source_status": "no_committed_source",
        "source_citation": "https://x.com/tread_fi",
        "sources": [
          {
            "name": "x.com",
            "url": "https://x.com/tread_fi",
            "provenance": "platform_api"
          },
          {
            "name": "Tread (https://x.com/tread_fi)",
            "url": null,
            "provenance": "clearmarket_editorial"
          }
        ],
        "source_of_record": null,
        "source_mechanism": null,
        "source_type": null,
        "source_quality": null,
        "source_commitment": "uncommitted",
        "source_commitment_subtype": "uncommitted_placeholder",
        "source_hedge_text": null
      },
      "rcg": {
        "grade": "C",
        "score": 40,
        "caps": [
          "multi_source_no_conflict_rule",
          "commitment_uncommitted_placeholder"
        ],
        "applied_factors": 7
      },
      "last_price": 0.42,
      "implied_probability": 0.42,
      "volume_24h_usd": 546.74941,
      "volume_total_usd": 23268.85176199999,
      "settlement_style": "terminal",
      "direction": "above",
      "threshold": 40000000,
      "question_id": "CMX-90D53289D3",
      "also_on": null,
      "tags": [
        "fdv",
        "token-launch",
        "tread"
      ],
      "eligibility_screens": null
    },
    {
      "market_id": "CM-MKT-GZXZ1PWNB1",
      "event_id": "CM-EVT-JM1C205587",
      "platform": "polymarket",
      "platform_market_id": "0xe8da89e5a6daede04f1fc3ce3f3957370b50552e176dc27c2a37c4d60bf76134",
      "question": "Tread FDV above $80M one day after launch",
      "description": "This market will resolve to \"Yes\" if the Fully Diluted Valuation of Tread's token is greater than the value specified in the title 1 day after launch. Otherwise, the market will resolve to \"No.\"\n\nOnly an official token launched by Tread will qualify. Stablecoins, memecoins, LSTs and synthetic tokens will not count.\n\nThe token must be actively and publicly tradable to be considered a launch.\n\nThe FDV will be determined using the total token supply multiplied by the token price.\n\n\"1 day after launch\" is defined as 4:00 PM ET on the calendar day following launch. The resolution source for this ma",
      "contract_type": "binary",
      "settlement_currency": "USDC",
      "underlying_reference": "$80M: The named token's fully diluted valuation, calculated as total token supply multiplied by price at 4:00 PM ET one calendar day after public launch, determined via UMA Optimistic Oracle.",
      "close_at": "2028-01-01T05:00:00Z",
      "resolve_at": "2028-01-01T05:00:00Z",
      "status": "open",
      "resolution": {
        "rules_raw": "This market will resolve to \"Yes\" if the Fully Diluted Valuation of Tread's token is greater than the value specified in the title 1 day after launch. Otherwise, the market will resolve to \"No.\"\n\nOnly an official token launched by Tread will qualify. Stablecoins, memecoins, LSTs and synthetic tokens will not count.\n\nThe token must be actively and publicly tradable to be considered a launch.\n\nThe FDV will be determined using the total token supply multiplied by the token price.\n\n\"1 day after launch\" is defined as 4:00 PM ET on the calendar day following launch. The resolution source for this market is the most liquid price source available. If Tread (https://x.com/tread_fi) doesn't launch a token by January 1, 2028, 12:00 AM ET, this market will resolve to \"No\".",
        "arbitration_model": "uma_oracle",
        "proposer": "managed_whitelist",
        "source": null,
        "source_status": "no_committed_source",
        "source_citation": "https://x.com/tread_fi",
        "sources": [
          {
            "name": "x.com",
            "url": "https://x.com/tread_fi",
            "provenance": "platform_api"
          },
          {
            "name": "Tread (https://x.com/tread_fi)",
            "url": null,
            "provenance": "clearmarket_editorial"
          }
        ],
        "source_of_record": null,
        "source_mechanism": null,
        "source_type": null,
        "source_quality": null,
        "source_commitment": "uncommitted",
        "source_commitment_subtype": "uncommitted_placeholder",
        "source_hedge_text": null
      },
      "rcg": {
        "grade": "C",
        "score": 40,
        "caps": [
          "multi_source_no_conflict_rule",
          "commitment_uncommitted_placeholder"
        ],
        "applied_factors": 7
      },
      "last_price": 0.35,
      "implied_probability": 0.35,
      "volume_24h_usd": 211.88188899999997,
      "volume_total_usd": 12758.559262000004,
      "settlement_style": "terminal",
      "direction": "above",
      "threshold": 80000000,
      "question_id": "CMX-0E6BAE4CC1",
      "also_on": null,
      "tags": [
        "fdv",
        "token-launch",
        "tread"
      ],
      "eligibility_screens": null
    },
    {
      "market_id": "CM-MKT-DK12H0LNG9",
      "event_id": "CM-EVT-JM1C205587",
      "platform": "polymarket",
      "platform_market_id": "0xf5b7de035f1ceea2f8a3fde7d0151287b1fcd72a477afbe425e54e04de02fc51",
      "question": "Tread FDV above $150M one day after launch",
      "description": "This market will resolve to \"Yes\" if the Fully Diluted Valuation of Tread's token is greater than the value specified in the title 1 day after launch. Otherwise, the market will resolve to \"No.\"\n\nOnly an official token launched by Tread will qualify. Stablecoins, memecoins, LSTs and synthetic tokens will not count.\n\nThe token must be actively and publicly tradable to be considered a launch.\n\nThe FDV will be determined using the total token supply multiplied by the token price.\n\n\"1 day after launch\" is defined as 4:00 PM ET on the calendar day following launch. The resolution source for this ma",
      "contract_type": "binary",
      "settlement_currency": "USDC",
      "underlying_reference": "$150M: The named token's fully diluted valuation, calculated as total token supply multiplied by price at 4:00 PM ET one calendar day after public launch, determined via UMA Optimistic Oracle.",
      "close_at": "2028-01-01T05:00:00Z",
      "resolve_at": "2028-01-01T05:00:00Z",
      "status": "open",
      "resolution": {
        "rules_raw": "This market will resolve to \"Yes\" if the Fully Diluted Valuation of Tread's token is greater than the value specified in the title 1 day after launch. Otherwise, the market will resolve to \"No.\"\n\nOnly an official token launched by Tread will qualify. Stablecoins, memecoins, LSTs and synthetic tokens will not count.\n\nThe token must be actively and publicly tradable to be considered a launch.\n\nThe FDV will be determined using the total token supply multiplied by the token price.\n\n\"1 day after launch\" is defined as 4:00 PM ET on the calendar day following launch. The resolution source for this market is the most liquid price source available. If Tread (https://x.com/tread_fi) doesn't launch a token by January 1, 2028, 12:00 AM ET, this market will resolve to \"No\".",
        "arbitration_model": "uma_oracle",
        "proposer": "managed_whitelist",
        "source": null,
        "source_status": "no_committed_source",
        "source_citation": "https://x.com/tread_fi",
        "sources": [
          {
            "name": "x.com",
            "url": "https://x.com/tread_fi",
            "provenance": "platform_api"
          },
          {
            "name": "Tread (https://x.com/tread_fi)",
            "url": null,
            "provenance": "clearmarket_editorial"
          }
        ],
        "source_of_record": null,
        "source_mechanism": null,
        "source_type": null,
        "source_quality": null,
        "source_commitment": "uncommitted",
        "source_commitment_subtype": "uncommitted_placeholder",
        "source_hedge_text": null
      },
      "rcg": {
        "grade": "C",
        "score": 40,
        "caps": [
          "multi_source_no_conflict_rule",
          "commitment_uncommitted_placeholder"
        ],
        "applied_factors": 7
      },
      "last_price": 0.14,
      "implied_probability": 0.14,
      "volume_24h_usd": 262,
      "volume_total_usd": 9873.901708000001,
      "settlement_style": "terminal",
      "direction": "above",
      "threshold": 150000000,
      "question_id": "CMX-4222EC13EC",
      "also_on": null,
      "tags": [
        "fdv",
        "token-launch",
        "tread"
      ],
      "eligibility_screens": null
    },
    {
      "market_id": "CM-MKT-G50JJVKS75",
      "event_id": "CM-EVT-JM1C205587",
      "platform": "polymarket",
      "platform_market_id": "0xbc7262627faf106767a07c52341eddc20653a8f04d5aee5f6a8254bed9d6f685",
      "question": "Tread FDV above $200M one day after launch",
      "description": "This market will resolve to \"Yes\" if the Fully Diluted Valuation of Tread's token is greater than the value specified in the title 1 day after launch. Otherwise, the market will resolve to \"No.\"\n\nOnly an official token launched by Tread will qualify. Stablecoins, memecoins, LSTs and synthetic tokens will not count.\n\nThe token must be actively and publicly tradable to be considered a launch.\n\nThe FDV will be determined using the total token supply multiplied by the token price.\n\n\"1 day after launch\" is defined as 4:00 PM ET on the calendar day following launch. The resolution source for this ma",
      "contract_type": "binary",
      "settlement_currency": "USDC",
      "underlying_reference": "$200M: The named token's fully diluted valuation, calculated as total token supply multiplied by price at 4:00 PM ET one calendar day after public launch, determined via UMA Optimistic Oracle.",
      "close_at": "2028-01-01T05:00:00Z",
      "resolve_at": "2028-01-01T05:00:00Z",
      "status": "open",
      "resolution": {
        "rules_raw": "This market will resolve to \"Yes\" if the Fully Diluted Valuation of Tread's token is greater than the value specified in the title 1 day after launch. Otherwise, the market will resolve to \"No.\"\n\nOnly an official token launched by Tread will qualify. Stablecoins, memecoins, LSTs and synthetic tokens will not count.\n\nThe token must be actively and publicly tradable to be considered a launch.\n\nThe FDV will be determined using the total token supply multiplied by the token price.\n\n\"1 day after launch\" is defined as 4:00 PM ET on the calendar day following launch. The resolution source for this market is the most liquid price source available. If Tread (https://x.com/tread_fi) doesn't launch a token by January 1, 2028, 12:00 AM ET, this market will resolve to \"No\".",
        "arbitration_model": "uma_oracle",
        "proposer": "managed_whitelist",
        "source": null,
        "source_status": "no_committed_source",
        "source_citation": "https://x.com/tread_fi",
        "sources": [
          {
            "name": "x.com",
            "url": "https://x.com/tread_fi",
            "provenance": "platform_api"
          },
          {
            "name": "Tread (https://x.com/tread_fi)",
            "url": null,
            "provenance": "clearmarket_editorial"
          }
        ],
        "source_of_record": null,
        "source_mechanism": null,
        "source_type": null,
        "source_quality": null,
        "source_commitment": "uncommitted",
        "source_commitment_subtype": "uncommitted_placeholder",
        "source_hedge_text": null
      },
      "rcg": {
        "grade": "C",
        "score": 40,
        "caps": [
          "multi_source_no_conflict_rule",
          "commitment_uncommitted_placeholder"
        ],
        "applied_factors": 7
      },
      "last_price": 0.07,
      "implied_probability": 0.07,
      "volume_24h_usd": 30,
      "volume_total_usd": 10057.313239000001,
      "settlement_style": "terminal",
      "direction": "above",
      "threshold": 200000000,
      "question_id": "CMX-6FFB257310",
      "also_on": null,
      "tags": [
        "fdv",
        "token-launch",
        "tread"
      ],
      "eligibility_screens": null
    },
    {
      "market_id": "CM-MKT-XTPFB9NS00",
      "event_id": "CM-EVT-JM1C205587",
      "platform": "polymarket",
      "platform_market_id": "0x5219ceb4cd34f974fa1723e3f6b7d74297f747af2a7f8942148be6db9fbf311b",
      "question": "Tread FDV above $500M one day after launch",
      "description": "This market will resolve to \"Yes\" if the Fully Diluted Valuation of Tread's token is greater than the value specified in the title 1 day after launch. Otherwise, the market will resolve to \"No.\"\n\nOnly an official token launched by Tread will qualify. Stablecoins, memecoins, LSTs and synthetic tokens will not count.\n\nThe token must be actively and publicly tradable to be considered a launch.\n\nThe FDV will be determined using the total token supply multiplied by the token price.\n\n\"1 day after launch\" is defined as 4:00 PM ET on the calendar day following launch. The resolution source for this ma",
      "contract_type": "binary",
      "settlement_currency": "USDC",
      "underlying_reference": "$500M: The named token's fully diluted valuation, calculated as total token supply multiplied by price at 4:00 PM ET one calendar day after public launch, determined via UMA Optimistic Oracle.",
      "close_at": "2028-01-01T05:00:00Z",
      "resolve_at": "2028-01-01T05:00:00Z",
      "status": "open",
      "resolution": {
        "rules_raw": "This market will resolve to \"Yes\" if the Fully Diluted Valuation of Tread's token is greater than the value specified in the title 1 day after launch. Otherwise, the market will resolve to \"No.\"\n\nOnly an official token launched by Tread will qualify. Stablecoins, memecoins, LSTs and synthetic tokens will not count.\n\nThe token must be actively and publicly tradable to be considered a launch.\n\nThe FDV will be determined using the total token supply multiplied by the token price.\n\n\"1 day after launch\" is defined as 4:00 PM ET on the calendar day following launch. The resolution source for this market is the most liquid price source available. If Tread (https://x.com/tread_fi) doesn't launch a token by January 1, 2028, 12:00 AM ET, this market will resolve to \"No\".",
        "arbitration_model": "uma_oracle",
        "proposer": "managed_whitelist",
        "source": null,
        "source_status": "no_committed_source",
        "source_citation": "https://x.com/tread_fi",
        "sources": [
          {
            "name": "x.com",
            "url": "https://x.com/tread_fi",
            "provenance": "platform_api"
          },
          {
            "name": "Tread (https://x.com/tread_fi)",
            "url": null,
            "provenance": "clearmarket_editorial"
          }
        ],
        "source_of_record": null,
        "source_mechanism": null,
        "source_type": null,
        "source_quality": null,
        "source_commitment": "uncommitted",
        "source_commitment_subtype": "uncommitted_placeholder",
        "source_hedge_text": null
      },
      "rcg": {
        "grade": "C",
        "score": 40,
        "caps": [
          "multi_source_no_conflict_rule",
          "commitment_uncommitted_placeholder"
        ],
        "applied_factors": 7
      },
      "last_price": 0.025,
      "implied_probability": 0.025,
      "volume_24h_usd": null,
      "volume_total_usd": 335.83000000000004,
      "settlement_style": "terminal",
      "direction": "above",
      "threshold": 500000000,
      "question_id": "CMX-1A9AD21975",
      "also_on": null,
      "tags": [
        "fdv",
        "token-launch",
        "tread"
      ],
      "eligibility_screens": null
    },
    {
      "market_id": "CM-MKT-9P7MT02JF2",
      "event_id": "CM-EVT-JM1C205587",
      "platform": "polymarket",
      "platform_market_id": "0x6d440b85cbe22665a737fa92e1d698aebae32754d627e8f4214b5e258de7b05d",
      "question": "Tread FDV above $300M one day after launch",
      "description": "This market will resolve to \"Yes\" if the Fully Diluted Valuation of Tread's token is greater than the value specified in the title 1 day after launch. Otherwise, the market will resolve to \"No.\"\n\nOnly an official token launched by Tread will qualify. Stablecoins, memecoins, LSTs and synthetic tokens will not count.\n\nThe token must be actively and publicly tradable to be considered a launch.\n\nThe FDV will be determined using the total token supply multiplied by the token price.\n\n\"1 day after launch\" is defined as 4:00 PM ET on the calendar day following launch. The resolution source for this ma",
      "contract_type": "binary",
      "settlement_currency": "USDC",
      "underlying_reference": "$300M: The named token's fully diluted valuation, calculated as total token supply multiplied by price at 4:00 PM ET one calendar day after public launch, determined via UMA Optimistic Oracle.",
      "close_at": "2028-01-01T05:00:00Z",
      "resolve_at": "2028-01-01T05:00:00Z",
      "status": "open",
      "resolution": {
        "rules_raw": "This market will resolve to \"Yes\" if the Fully Diluted Valuation of Tread's token is greater than the value specified in the title 1 day after launch. Otherwise, the market will resolve to \"No.\"\n\nOnly an official token launched by Tread will qualify. Stablecoins, memecoins, LSTs and synthetic tokens will not count.\n\nThe token must be actively and publicly tradable to be considered a launch.\n\nThe FDV will be determined using the total token supply multiplied by the token price.\n\n\"1 day after launch\" is defined as 4:00 PM ET on the calendar day following launch. The resolution source for this market is the most liquid price source available. If Tread (https://x.com/tread_fi) doesn't launch a token by January 1, 2028, 12:00 AM ET, this market will resolve to \"No\".",
        "arbitration_model": "uma_oracle",
        "proposer": "managed_whitelist",
        "source": null,
        "source_status": "no_committed_source",
        "source_citation": "https://x.com/tread_fi",
        "sources": [
          {
            "name": "x.com",
            "url": "https://x.com/tread_fi",
            "provenance": "platform_api"
          },
          {
            "name": "Tread (https://x.com/tread_fi)",
            "url": null,
            "provenance": "clearmarket_editorial"
          }
        ],
        "source_of_record": null,
        "source_mechanism": null,
        "source_type": null,
        "source_quality": null,
        "source_commitment": "uncommitted",
        "source_commitment_subtype": "uncommitted_placeholder",
        "source_hedge_text": null
      },
      "rcg": {
        "grade": "C",
        "score": 40,
        "caps": [
          "multi_source_no_conflict_rule",
          "commitment_uncommitted_placeholder"
        ],
        "applied_factors": 7
      },
      "last_price": 0.035,
      "implied_probability": 0.035,
      "volume_24h_usd": 2,
      "volume_total_usd": 18623.339858999996,
      "settlement_style": "terminal",
      "direction": "above",
      "threshold": 300000000,
      "question_id": "CMX-36745B8500",
      "also_on": null,
      "tags": [
        "fdv",
        "token-launch",
        "tread"
      ],
      "eligibility_screens": null
    }
  ],
  "resolution_log": [],
  "_provenance": {
    "source": "clearmarket.fyi",
    "ref": "CM-EVT-JM1C205587",
    "terms": "Attribution required. clearmarket.fyi"
  }
}