Crypto users are finding a new way to put their knowledge to the test: prediction markets. The marke
Crypto users are finding a new way to put their knowledge to the test: prediction markets.
The markets, which have grown in popularity since the United States presidential election, allow users to trade probabilities in real-time, predicting outcomes related to sports, pop culture, weather, crypto, politics, and more.
Below, we‘ll dig into some of Myriad Markets’ most popular and interesting prediction markets this week.
(Disclaimer: Myriad Markets and Decrypt share a parent company in DASTAN.)
Will Trump be suspended from X by June 13?
Market Open: June 5
Market Close: June 13
Volume:$2.72K
President Donald Trump and Elon Musk are no longer friendly following a months-long alliance between two of the world's most prominent figures, and their collective crashout has quickly turned legendary.
Over the last day, Trump and Musk have traded increasingly sharper barbs touching on everything from a potential recession to government subsidies for Musk's companies being canceled—and Musk saying Trump is linked to dead pedophile Jeffrey Epstein and should be impeached. It really got nasty.
Trump runs America, but Musk runs social media platform X. So it begs the question: Will Trump be suspended from X by June 13?
The question was just put to Myriad users late Thursday afternoon, but they've taken to it quickly—and as of this writing, they're overwhelmingly voting “no” with their cash, at nearly 90% so far.
What's Next?Trump has more than a week left to piss off Musk enough to ban the current president—which wouldn't be the first time that's happened to Trump while in office.
Ethereum price above $2,600 on June 6 at 11:59pm UTC?
Market Open: June 5
Market Close: June 6
Volume: $5.3K
While Bitcoin is always in the spotlight, Ethereum continues to make headlines lately—and is once more the subject of a Myriad flash market.
Earlier this week, Ethereum co-founder Joe Lubin told Decrypts sister company Rug Radio that his firm Consensys is in talks with a major country that is considering building infrastructure on Ethereum. Also, Ethereum ETFs have built a long streak of inflows, while redemptions piled up for Bitcoin ETFs earlier this week.
Now, predictors are being asked whether or not the second-largest crypto asset will be trading above $2,600 on Friday evening.
As it stood on Thursday morning, ETH was trading around $2,588—only $12 off the mark, or around a 0.46% difference in price. As a result, predictors gave a slight edge to “yes” at around 53.7%.
But as the day wore on, ETH fell further amid a broader market selloff, extending its losses to 7% in the last 24 hours, now trading at $2,429. The selloff pushed the odds of “yes” all the way down to just 8.5% on Thursday afternoon, as now it will require a 7% gain to get back to $2,600.
Whats Next? This market uses the Binance price and will close predictions 12 hours before its conclusion.
Who will win the 2025 Roland Garros men's singles title?
Market Open: May 26
Market Close: June 8
Volume: $6.38K
Only four men are still standing in the Roland Garros, or French Open mens draw, the annual clay court tennis tournament held in Paris, France.
Defending champion Carlos Alcaraz and world #1 Jannik Sinner are both still around, and are favorites to reach the final—where theyd meet in a major tournament final for the first time.
Predictors on Myriad give Alcaraz a 48.4% chance of winning the entire tournament as of Thursday morning, compared to 37.8% for Sinner. The odds for Alcaraz are within just a few percent of where they started this week, but Sinners have climbed around 8% since June 2.
Still though, both are priced below their odds of winning the title in traditional sports betting markets, where Alcaraz and Sinner have odds of around 55% and 40%, respectively.
The next man in line, standing in Sinners way before a potential finals appearance, is 24-time major champion Novak Djokovic.
What‘s Next? The men’s semi-finals will be held on Friday, June 6. Alcaraz will play Lorenzo Musetti, while Sinner will play Djokovic.
NYC temperature above 77° Fahrenheit on June 6?
Market Open: June 5
Market Close: June 6
Volume: $4.25K
Yet again, Americans say that the most trustworthy news source in their lives is the Weather Channel—yes, really. So how trustworthy are forecasts of a high of 78 degrees Fahrenheit in New York tomorrow?
Predictors appear to be standing with meteorologists, giving the odds of the weather eclipsing the 77 Fahrenheit mark a 75.8% chance as of Thursday afternoon. That means that just 24.2% of users are not anticipating that the weather at JFK International Airport, the focal point for this market, will jump higher than 77.
Despite its flash market nature, which means that the market is designed to be open for only a short duration of time, there has been a lot of volatility in the odds since opening on Thursday morning, when the market was closer to a coin flip. At that time, the forecast from Weather Underground listed an expected high of only 77 Fahrenheit.
Now though, the forecast from Weather Underground expects tomorrows highs to be around 79 with a “feels like” high of 81.
Predictors are siding with the meteorologists—for now, at least.
Whats Next? Predictions close at 8:00am ET on Friday, but temperatures will be recorded for the duration of the day.
Edited by Andrew Hayward
Disclaimer:
The views in this article only represent the author's personal views, and do not constitute investment advice on this platform. This platform does not guarantee the accuracy, completeness and timeliness of the information in the article, and will not be liable for any loss caused by the use of or reliance on the information in the article.
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