{
  "_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-DF3VMD05V6",
  "slug": "variational-fdv-above-one-day-after-launch",
  "question": "Variational FDV one day after launch",
  "category": "crypto",
  "event_type": "LADDER",
  "ladder_distribution": {
    "direction": "above",
    "implied_band": [
      500000000,
      800000000
    ],
    "strikes": [
      {
        "threshold": 100000000,
        "prob": 97
      },
      {
        "threshold": 200000000,
        "prob": 96
      },
      {
        "threshold": 300000000,
        "prob": 87
      },
      {
        "threshold": 500000000,
        "prob": 65
      },
      {
        "threshold": 800000000,
        "prob": 38
      },
      {
        "threshold": 1000000000,
        "prob": 22
      },
      {
        "threshold": 2000000000,
        "prob": 13
      },
      {
        "threshold": 3000000000,
        "prob": 7
      },
      {
        "threshold": 4000000000,
        "prob": 4
      },
      {
        "threshold": 5000000000,
        "prob": 3
      }
    ]
  },
  "tags": [
    "crypto",
    "token-launch",
    "fdv-valuation",
    "variational",
    "2028"
  ],
  "catalyst_types": [],
  "catalyst_dates": [],
  "editorial_notes": "These markets track the fully diluted valuation of Variational's governance token one day after its launch. Ten Polymarket binary strikes span $100M to $5B, forming an implied FDV probability distribution across discrete thresholds. A trader can read the cumulative probability curve directly from the strike ladder. Resolution uses Polymarket's UMA Optimistic Oracle, sourcing FDV from total supply multiplied by price on the most liquid trading venue.",
  "venues_covered": [
    "polymarket"
  ],
  "primary_market_id": "CM-MKT-JXJ3DJSJD3",
  "current_primary_mark": {
    "last_price": 0.44,
    "implied_probability": 0.44
  },
  "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-JXJ3DJSJD3",
      "event_id": "CM-EVT-DF3VMD05V6",
      "platform": "polymarket",
      "platform_market_id": "0xbd549c211a4b156b03a37401348ffaf6b8fcce0182e3bb48f58179ccd1fc4094",
      "question": "Variational FDV above $800M one day after launch?",
      "description": "This market will resolve to \"Yes\" if the Fully Diluted Valuation of Variational's governance token is greater than the value specified in the title 1 day after launch. Otherwise, the market will resolve to \"No.\"\n\nThe token must be actively, publicly transferable and 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 Variational doesn't launch a token by De",
      "contract_type": "binary",
      "settlement_currency": "USDC",
      "underlying_reference": "$800M: The listed company's governance token FDV, calculated as total supply multiplied by price from the most liquid trading source, must exceed the specified threshold at 4:00 PM ET one calendar day after public launch.",
      "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 Variational's governance token is greater than the value specified in the title 1 day after launch. Otherwise, the market will resolve to \"No.\"\n\nThe token must be actively, publicly transferable and 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 Variational doesn't launch a token by December 31, 2027, 11:59 PM ET, this market will resolve to \"No\".",
        "arbitration_model": "uma_oracle",
        "proposer": "managed_whitelist",
        "source": null,
        "source_status": "no_committed_source",
        "source_citation": null,
        "sources": null,
        "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": 34,
        "caps": [
          "multi_source_no_conflict_rule",
          "commitment_uncommitted_placeholder"
        ],
        "applied_factors": 7
      },
      "last_price": 0.44,
      "implied_probability": 0.44,
      "volume_24h_usd": 3.571427,
      "volume_total_usd": 229768.03148100013,
      "settlement_style": "terminal",
      "direction": "above",
      "threshold": 800000000,
      "question_id": "CMX-EAA14998A1",
      "also_on": null,
      "tags": [
        "fdv",
        "launch",
        "variational",
        "variational fdv"
      ],
      "eligibility_screens": null
    },
    {
      "market_id": "CM-MKT-977M02THC5",
      "event_id": "CM-EVT-DF3VMD05V6",
      "platform": "polymarket",
      "platform_market_id": "0x90452ee2a372f901764dabc1812cd0d450c1239e10a44722627647ec060f32a1",
      "question": "Variational FDV above $2B one day after launch?",
      "description": "This market will resolve to \"Yes\" if the Fully Diluted Valuation of Variational's governance token is greater than the value specified in the title 1 day after launch. Otherwise, the market will resolve to \"No.\"\n\nThe token must be actively, publicly transferable and 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 Variational doesn't launch a token by De",
      "contract_type": "binary",
      "settlement_currency": "USDC",
      "underlying_reference": "$2B: The listed company's governance token FDV, calculated as total supply multiplied by price from the most liquid trading source, must exceed the specified threshold at 4:00 PM ET one calendar day after public launch.",
      "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 Variational's governance token is greater than the value specified in the title 1 day after launch. Otherwise, the market will resolve to \"No.\"\n\nThe token must be actively, publicly transferable and 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 Variational doesn't launch a token by December 31, 2027, 11:59 PM ET, this market will resolve to \"No\".",
        "arbitration_model": "uma_oracle",
        "proposer": "managed_whitelist",
        "source": null,
        "source_status": "no_committed_source",
        "source_citation": null,
        "sources": null,
        "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": 34,
        "caps": [
          "multi_source_no_conflict_rule",
          "commitment_uncommitted_placeholder"
        ],
        "applied_factors": 7
      },
      "last_price": 0.134,
      "implied_probability": 0.134,
      "volume_24h_usd": 239,
      "volume_total_usd": 95320.25069600006,
      "settlement_style": "terminal",
      "direction": "above",
      "threshold": 2000000000,
      "question_id": "CMX-5A75FEAC61",
      "also_on": null,
      "tags": [
        "fdv",
        "launch",
        "variational",
        "variational fdv"
      ],
      "eligibility_screens": null
    },
    {
      "market_id": "CM-MKT-GMJJYDY7L0",
      "event_id": "CM-EVT-DF3VMD05V6",
      "platform": "polymarket",
      "platform_market_id": "0x81f132356dec87d798a84d37bacad685cb5c0dd4cf2e19b9159131a4a1474987",
      "question": "Variational FDV above $4B one day after launch?",
      "description": "This market will resolve to \"Yes\" if the Fully Diluted Valuation of Variational's governance token is greater than the value specified in the title 1 day after launch. Otherwise, the market will resolve to \"No.\"\n\nThe token must be actively, publicly transferable and 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 Variational doesn't launch a token by De",
      "contract_type": "binary",
      "settlement_currency": "USDC",
      "underlying_reference": "$4B: The listed company's governance token FDV, calculated as total supply multiplied by price from the most liquid trading source, must exceed the specified threshold at 4:00 PM ET one calendar day after public launch.",
      "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 Variational's governance token is greater than the value specified in the title 1 day after launch. Otherwise, the market will resolve to \"No.\"\n\nThe token must be actively, publicly transferable and 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 Variational doesn't launch a token by December 31, 2027, 11:59 PM ET, this market will resolve to \"No\".",
        "arbitration_model": "uma_oracle",
        "proposer": "managed_whitelist",
        "source": null,
        "source_status": "no_committed_source",
        "source_citation": null,
        "sources": null,
        "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": 34,
        "caps": [
          "multi_source_no_conflict_rule",
          "commitment_uncommitted_placeholder"
        ],
        "applied_factors": 7
      },
      "last_price": 0.039,
      "implied_probability": 0.039,
      "volume_24h_usd": 0,
      "volume_total_usd": 118378.61865000008,
      "settlement_style": "terminal",
      "direction": "above",
      "threshold": 4000000000,
      "question_id": "CMX-440413F5CB",
      "also_on": null,
      "tags": [
        "fdv",
        "launch",
        "variational",
        "variational fdv"
      ],
      "eligibility_screens": null
    },
    {
      "market_id": "CM-MKT-2P9J6FR4S8",
      "event_id": "CM-EVT-DF3VMD05V6",
      "platform": "polymarket",
      "platform_market_id": "0x88b2827dd9bb9b3ebd4f229561a7606bd2bbdedbf3dfbb9c563e1e7dd2673747",
      "question": "Variational FDV above $1B one day after launch?",
      "description": "This market will resolve to \"Yes\" if the Fully Diluted Valuation of Variational's governance token is greater than the value specified in the title 1 day after launch. Otherwise, the market will resolve to \"No.\"\n\nThe token must be actively, publicly transferable and 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 Variational doesn't launch a token by De",
      "contract_type": "binary",
      "settlement_currency": "USDC",
      "underlying_reference": "$1B: The listed company's governance token FDV, calculated as total supply multiplied by price from the most liquid trading source, must exceed the specified threshold at 4:00 PM ET one calendar day after public launch.",
      "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 Variational's governance token is greater than the value specified in the title 1 day after launch. Otherwise, the market will resolve to \"No.\"\n\nThe token must be actively, publicly transferable and 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 Variational doesn't launch a token by December 31, 2027, 11:59 PM ET, this market will resolve to \"No\".",
        "arbitration_model": "uma_oracle",
        "proposer": "managed_whitelist",
        "source": null,
        "source_status": "no_committed_source",
        "source_citation": null,
        "sources": null,
        "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": 34,
        "caps": [
          "multi_source_no_conflict_rule",
          "commitment_uncommitted_placeholder"
        ],
        "applied_factors": 7
      },
      "last_price": 0.34,
      "implied_probability": 0.34,
      "volume_24h_usd": 308.838677,
      "volume_total_usd": 148625.46791799998,
      "settlement_style": "terminal",
      "direction": "above",
      "threshold": 1000000000,
      "question_id": "CMX-138DAE8B7A",
      "also_on": null,
      "tags": [
        "fdv",
        "launch",
        "variational",
        "variational fdv"
      ],
      "eligibility_screens": null
    },
    {
      "market_id": "CM-MKT-TF9JS0JX23",
      "event_id": "CM-EVT-DF3VMD05V6",
      "platform": "polymarket",
      "platform_market_id": "0x99bee2c9dd32672867497f42c3193360bf625e43842e83827c747070b65f364d",
      "question": "Variational FDV above $3B one day after launch?",
      "description": "This market will resolve to \"Yes\" if the Fully Diluted Valuation of Variational's governance token is greater than the value specified in the title 1 day after launch. Otherwise, the market will resolve to \"No.\"\n\nThe token must be actively, publicly transferable and 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 Variational doesn't launch a token by De",
      "contract_type": "binary",
      "settlement_currency": "USDC",
      "underlying_reference": "$3B: The listed company's governance token FDV, calculated as total supply multiplied by price from the most liquid trading source, must exceed the specified threshold at 4:00 PM ET one calendar day after public launch.",
      "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 Variational's governance token is greater than the value specified in the title 1 day after launch. Otherwise, the market will resolve to \"No.\"\n\nThe token must be actively, publicly transferable and 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 Variational doesn't launch a token by December 31, 2027, 11:59 PM ET, this market will resolve to \"No\".",
        "arbitration_model": "uma_oracle",
        "proposer": "managed_whitelist",
        "source": null,
        "source_status": "no_committed_source",
        "source_citation": null,
        "sources": null,
        "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": 34,
        "caps": [
          "multi_source_no_conflict_rule",
          "commitment_uncommitted_placeholder"
        ],
        "applied_factors": 7
      },
      "last_price": 0.059,
      "implied_probability": 0.059,
      "volume_24h_usd": 0,
      "volume_total_usd": 52359.11519399996,
      "settlement_style": "terminal",
      "direction": "above",
      "threshold": 3000000000,
      "question_id": "CMX-A42814E5F0",
      "also_on": null,
      "tags": [
        "fdv",
        "launch",
        "variational",
        "variational fdv"
      ],
      "eligibility_screens": null
    },
    {
      "market_id": "CM-MKT-SJ8SF7H153",
      "event_id": "CM-EVT-DF3VMD05V6",
      "platform": "polymarket",
      "platform_market_id": "0xf5082588e782e5437ac1bcfe4bd6d8fe7ced8c2519118f3ad25c2956da63bbd0",
      "question": "Variational FDV above $5B one day after launch?",
      "description": "This market will resolve to \"Yes\" if the Fully Diluted Valuation of Variational's governance token is greater than the value specified in the title 1 day after launch. Otherwise, the market will resolve to \"No.\"\n\nThe token must be actively, publicly transferable and 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 Variational doesn't launch a token by De",
      "contract_type": "binary",
      "settlement_currency": "USDC",
      "underlying_reference": "$5B: The listed company's governance token FDV, calculated as total supply multiplied by price from the most liquid trading source, must exceed the specified threshold at 4:00 PM ET one calendar day after public launch.",
      "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 Variational's governance token is greater than the value specified in the title 1 day after launch. Otherwise, the market will resolve to \"No.\"\n\nThe token must be actively, publicly transferable and 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 Variational doesn't launch a token by December 31, 2027, 11:59 PM ET, this market will resolve to \"No\".",
        "arbitration_model": "uma_oracle",
        "proposer": "managed_whitelist",
        "source": null,
        "source_status": "no_committed_source",
        "source_citation": null,
        "sources": null,
        "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": 34,
        "caps": [
          "multi_source_no_conflict_rule",
          "commitment_uncommitted_placeholder"
        ],
        "applied_factors": 7
      },
      "last_price": 0.019,
      "implied_probability": 0.019,
      "volume_24h_usd": 0,
      "volume_total_usd": 66437.32078800003,
      "settlement_style": "terminal",
      "direction": "above",
      "threshold": 5000000000,
      "question_id": "CMX-6EBC44059E",
      "also_on": null,
      "tags": [
        "fdv",
        "launch",
        "variational",
        "variational fdv"
      ],
      "eligibility_screens": null
    },
    {
      "market_id": "CM-MKT-Q2YMMXBX74",
      "event_id": "CM-EVT-DF3VMD05V6",
      "platform": "polymarket",
      "platform_market_id": "0x76e7f72aef4e8533e5f3e6672f223899682d52849e022cac8592a7a4f56cb1a7",
      "question": "Variational FDV above $500M one day after launch?",
      "description": "This market will resolve to \"Yes\" if the Fully Diluted Valuation of Variational's governance token is greater than the value specified in the title 1 day after launch. Otherwise, the market will resolve to \"No.\"\n\nThe token must be actively, publicly transferable and 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 Variational doesn't launch a token by De",
      "contract_type": "binary",
      "settlement_currency": "USDC",
      "underlying_reference": "$500M: The listed company's governance token FDV, calculated as total supply multiplied by price from the most liquid trading source, must exceed the specified threshold at 4:00 PM ET one calendar day after public launch.",
      "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 Variational's governance token is greater than the value specified in the title 1 day after launch. Otherwise, the market will resolve to \"No.\"\n\nThe token must be actively, publicly transferable and 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 Variational doesn't launch a token by December 31, 2027, 11:59 PM ET, this market will resolve to \"No\".",
        "arbitration_model": "uma_oracle",
        "proposer": "managed_whitelist",
        "source": null,
        "source_status": "no_committed_source",
        "source_citation": null,
        "sources": null,
        "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": 34,
        "caps": [
          "multi_source_no_conflict_rule",
          "commitment_uncommitted_placeholder"
        ],
        "applied_factors": 7
      },
      "last_price": 0.72,
      "implied_probability": 0.72,
      "volume_24h_usd": 0,
      "volume_total_usd": 752365.6902520016,
      "settlement_style": "terminal",
      "direction": "above",
      "threshold": 500000000,
      "question_id": "CMX-AF3F2590E5",
      "also_on": null,
      "tags": [
        "fdv",
        "launch",
        "variational",
        "variational fdv"
      ],
      "eligibility_screens": null
    },
    {
      "market_id": "CM-MKT-G8V82T9FK2",
      "event_id": "CM-EVT-DF3VMD05V6",
      "platform": "polymarket",
      "platform_market_id": "0x1aabd7e8fe19085c7ba902d5002d1fbb9116473fb89bdfcd3be5478017916013",
      "question": "Variational FDV above $300M one day after launch?",
      "description": "This market will resolve to \"Yes\" if the Fully Diluted Valuation of Variational's governance token is greater than the value specified in the title 1 day after launch. Otherwise, the market will resolve to \"No.\"\n\nThe token must be actively, publicly transferable and 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 Variational doesn't launch a token by De",
      "contract_type": "binary",
      "settlement_currency": "USDC",
      "underlying_reference": "$300M: The listed company's governance token FDV, calculated as total supply multiplied by price from the most liquid trading source, must exceed the specified threshold at 4:00 PM ET one calendar day after public launch.",
      "close_at": "2028-01-01T05:00:00Z",
      "resolve_at": "2028-01-01T05:00:00Z",
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      "volume_total_usd": 213286.40059699985,
      "settlement_style": "terminal",
      "direction": "above",
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      "question_id": "CMX-036DC0FB0B",
      "also_on": null,
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        "variational fdv"
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      "eligibility_screens": null
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    {
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      "event_id": "CM-EVT-DF3VMD05V6",
      "platform": "polymarket",
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      "description": "This market will resolve to \"Yes\" if the Fully Diluted Valuation of Variational's governance token is greater than the value specified in the title 1 day after launch. Otherwise, the market will resolve to \"No.\"\n\nThe token must be actively, publicly transferable and 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 Variational doesn't launch a token by De",
      "contract_type": "binary",
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      "close_at": "2028-01-01T05:00:00Z",
      "resolve_at": "2028-01-01T05:00:00Z",
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        "rules_raw": "This market will resolve to \"Yes\" if the Fully Diluted Valuation of Variational's governance token is greater than the value specified in the title 1 day after launch. Otherwise, the market will resolve to \"No.\"\n\nThe token must be actively, publicly transferable and 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 Variational doesn't launch a token by December 31, 2027, 11:59 PM ET, this market will resolve to \"No\".",
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      "question_id": "CMX-D4ABD38414",
      "also_on": null,
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      "contract_type": "binary",
      "settlement_currency": "USDC",
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      "close_at": "2028-01-01T05:00:00Z",
      "resolve_at": "2028-01-01T05:00:00Z",
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      "resolution": {
        "rules_raw": "This market will resolve to \"Yes\" if the Fully Diluted Valuation of Variational's governance token is greater than the value specified in the title 1 day after launch. Otherwise, the market will resolve to \"No.\"\n\nThe token must be actively, publicly transferable and 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 Variational doesn't launch a token by December 31, 2027, 11:59 PM ET, this market will resolve to \"No\".",
        "arbitration_model": "uma_oracle",
        "proposer": "managed_whitelist",
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      "volume_total_usd": 25526.73779900004,
      "settlement_style": "terminal",
      "direction": "above",
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      "question_id": "CMX-FD960CF4B1",
      "also_on": null,
      "tags": [
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        "variational",
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  "resolution_log": [],
  "_provenance": {
    "source": "clearmarket.fyi",
    "ref": "CM-EVT-DF3VMD05V6",
    "terms": "Attribution required. clearmarket.fyi"
  }
}