Predict's "Polymarket Token Launch Day FDV" Market Plunges Across the Board, Settlement Rules Spark Controversy
2026-04-07 04:59
Odaily News: The "Polymarket Token Launch Day FDV" market on Predict has seen a comprehensive decline. The current probability of the FDV exceeding $2 billion is 13%, and the probability of exceeding $10 billion is 6%.
The official settlement description states: "If, 1 day after the token launch, the FDV of the Polymarket token is higher than the specified value, then this market settles to Yes."
Today, Polymarket announced a comprehensive upgrade to its trading engine and the launch of its native stablecoin, Polymarket USD, which is also considered a token launch by Polymarket. This has triggered significant volatility in the probabilities of related events on Predict.
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