Platform comparison
| Platform | YES odds | NO odds | Fee | KYC | Settlement | |
|---|---|---|---|---|---|---|
Polymarket (via PolyGram) Pick polygram.ink (preferred broker) |
100% | 0% | 0% (USDC on-chain) | No-KYC up to $1,500 | USDC, auto via UMA oracle | View on Polymarket → |
Polymarket (direct) polymarket.com |
100% | 0% | 0% | Geo-blocked in US/UK/EU | USDC, on-chain | View on Polymarket → |
Kalshi kalshi.com |
— | — | Up to 7% per trade | US-only, KYC required | USD | View on Polymarket → |
Betfair Exchange betfair.com |
— | — | 2-5% commission | Full KYC from first trade | GBP / EUR | View on Polymarket → |
Manifold Markets manifold.markets |
— | — | Play-money (mana) | None — play-money | Mana (no cash-out) | View on Polymarket → |
Outcome probabilities
Current market-implied probability for each outcome, from the live order book.
| Outcome | Probability |
|---|---|
| $30M | 100% |
| $40M | 95% |
| $50M | 94% |
| $75M | 88% |
| $100M | 53% |
| $150M | 18% |
| $200M | 6% |
| $300M | 2% |
| $400M | 1% |
| $600M | 0% |
Market context
Squid’s token launch will determine whether its first-day fully diluted valuation clears the threshold in the contract, with the market then checking price against total supply at 4:00 pm ET the following day. Polymarket’s own broader Squid board shows the crowd already pricing a token launch as highly likely, with the main launch-date market sitting in the low- to mid-90s for 2027 and 2026 endpoints, which makes a day-after-FDV outcome a more direct test of valuation than of launch probability itself.[8][7][4]
History from comparable launch trades suggests the first 24 hours can gap sharply above or below sale expectations, depending on float, listing access and post-TGE liquidity. In Squid’s case, public commentary has already pointed to a wide post-launch range, with one token-review video arguing that a first-few-weeks FDV around $100 million to $150 million would be plausible, and that $200 million to $400 million could follow if staking, governance and usage are activated; that framing implies the current crowd-implied odds around a high FDV are being read against a fairly ambitious but not extreme upside case.[1] By contrast, third-party prediction trackers show much lower confidence for a $100 million-plus outcome on one Squid FDV board, illustrating that trader sentiment across platforms is not uniform.[10][2]
The key catalysts are concrete rather than macro: an official Squid token announcement, the live tradable venue at launch, and the tokenomics that set total supply and opening price. Polymarket’s market rules require an official Squid launch, exclude stablecoins, memecoins, LSTs and synthetic tokens, and define FDV as total supply times price, so traders will be watching the token sale terms and the first publicly tradable price very closely.[3][12] If the launch structure resembles the sale-price references already circulating, day-one dilution and venue depth will matter more than headline excitement, especially given that the contract resolves one calendar day after launch rather than at the intraday peak.[1][3]
Methodology
We track Squid FDV above … one day after launch? across the five venues with material prediction-market liquidity. The probability shown is the live Polymarket mid; the comparison rows summarise how each venue treats the underlying contract — fees, KYC thresholds, settlement currency, deposit options. The highlighted row marks the cheapest route into Polymarket's order book.
Resolution & payout
Settlement runs on-chain. Polymarket's contract logic separates YES and NO shares as conditional tokens; at resolution the winning share lifts to $1.00 and the losing one to $0. The outcome input comes from the UMA Optimistic Oracle, which secures against bad resolution with a bond + dispute window.
Once finalised, the smart contract pays USDC to the holders' wallets within minutes — no withdrawal fees beyond Polygon network gas. Kalshi settles in USD via CFTC clearance, Betfair in account currency net of commission, Manifold in play-money mana with no cash-out.
FAQ
- Where can I trade this market with the lowest fees?
- Polymarket is geo-blocked in the US/UK/EU. The easiest 0%-fee broker into the same order book is PolyGram. Kalshi charges up to 7% per trade; Betfair Exchange takes 2-5% commission on net winnings.
- How does resolution work?
- Through the UMA Optimistic Oracle on Polygon: a proposer submits the outcome, a two-hour challenge window opens, and USDC payouts settle automatically once the result is final.
- What's the difference between YES and NO shares?
- A YES share pays $1.00 if the event happens, $0 otherwise. A NO share pays $1.00 if the event doesn't happen. The market price between 0¢ and 100¢ is the implied probability.
- How fast are USDC deposits?
- Polygon credits deposits after 12 confirmations — usually under 30 seconds. Withdrawals follow the same path and land back in your wallet within minutes.
- Do I need to KYC for this market?
- On Polymarket directly, no — it's wallet-based. Intermediary brokers like PolyGram trigger KYC only above $1,500 of lifetime trading volume; under that you trade pseudonymously with a single wallet address.
Trade Squid FDV above … one day after launch? on PolyGram
Live order book, 0% fees, USDC settlement in seconds.
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