Will Cerebras' market cap be less than $20B at market close on IPO day?
Probability
1¢
1h
-0.3pp
24h
-9.0pp
24h Vol
$807.97
Liquidity
$3.1K
Canonical status
confidence: highSource status (Polymarket)
Derived status (Orrery)
Reason
YES price is near 0¢ but the market has not been officially resolved.
Treat as effectively priced-out, not settled. The market is still live until expiry.
Resolution & Risk
LOW risk- End date
- May 14, 2026
- UMA status
- n/a
- Resolution source
- PrimarySEC filingTypeOfficial government sourceConfidenceextracted · high
- Market type
- Multi-outcome (neg-risk)
- Part of a multi-outcome event (neg-risk): only one market can resolve YES.
Probability (last 7 days)
+0.0pp 7dWhy did it move?
Structured · 2 factors- 01Price move
Down 9pp over 24h
Now 1¢; -0.3pp in the last hour.
- 02Liquidity
Thin liquidity
Only $3.1k of visible book — small orders can move the line. Treat the probability as a soft estimate.
What to track next
- Set an alert if probability recovers above 6¢ — that's where this move would be reversing.
- Add to your watchlist — Home will show probability deltas since your last visit.
- Compare against sibling markets in the same event below — divergent pricing across related contracts is the cleanest tell.
Verification actions only — never trade recommendations.
Each factor is grounded in a single named metric you can verify on this page — probability, volume, liquidity, signal, resolution state. No predictions, no prose hallucinations.
Resolution & Risk
LOW risk- End date
- May 14, 2026
- UMA status
- n/a
- Resolution source
- PrimarySEC filingTypeOfficial government sourceConfidenceextracted · high
- Market type
- Multi-outcome (neg-risk)
- Part of a multi-outcome event (neg-risk): only one market can resolve YES.
Timeline
critical · price · trade flowCritical
- 0s agoScheduled resolutionLOW
Market resolves in 122.3h
Price movement
-9.0pp over the last 24h, now 1¢.
Recent Trades
No recent trades visible from the Data API for this market. That usually means liquidity is thin or this market is between event windows.
Related Markets
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Will Cerebras' market cap be between $40B and $50B at market close on IPO day?
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Market Description
This market will resolve based on Cerebras Systems' market capitalization at the closing price on its first day of trading. As of market creation, the IPO is scheduled to price on May 14 (ET). If no such IPO occurs by June 30, 2026, 11:59 PM ET, the market will resolve to "No IPO before July 2026". Market capitalization expresses the monetary value of a company’s outstanding shares, stated in its pricing currency. It is calculated as the total number of outstanding shares, multiplied by the official closing share price of the publicly traded class on the first trading day. If necessary, to accurately capture the company’s total market capitalization, rather than a stock-class-specific market capitalization, the calculation will include all outstanding share classes and apply any stated conversion ratios to the publicly traded class. Where no conversion right exists, such shares will be counted at their stated outstanding amount without discount, unless official filings explicitly specify differently. The number of outstanding shares will be determined from official company filings or disclosures (e.g., SEC filings). The closing share price on the first trading day will be determined from the primary exchange’s official listing page. If the relevant value falls exactly between two brackets, this market will resolve to the higher range bracket. The primary resolution source for this market will be official company filings and the primary exchange’s official listing page. The market capitalization will be determined through appropriate calculation using the total outstanding shares and the closing price from the first day of trading. In the event of an interruption in the normal trading session on the specified company’s first day of trading (e.g., a circuit breaker or half-day), the market will resolve according to the official closing price of the abbreviated session. If no such official closing price is published, the market will resolve according to the next trading day on which an official closing price is published, treating that day as the first day of trading for the purposes of this market.
Why this category?
confidence: mediumCategory
Source
Matched term
ipoReason
Question text contains "ipo" — matched the Business keyword rule.
Categories come from a deterministic engine: manual overrides (highest priority) → sports hard markers → event-tag rules → keyword rules → Gamma category hint → default. The engine is versioned in category-overrides.ts; methodology lives at /methodology.
FAQ — questions readers actually ask
What is the current Polymarket probability for "Will Cerebras' market cap be less than $20B at market close on IPO day?"?
As of Fri, 08 May 2026 21:44:07 GMT, YES is priced at 1% implied probability on Polymarket. The price changed -9.0pp in the last 24 hours, -0.3pp in the last hour, and +0.0pp in the last 7 days.
When does this market resolve?
This market resolves by May 14, 2026 (2026-05-14T00:00:00.000Z). Resolution is determined from the market description on Polymarket.
What source determines the outcome?
Resolution is sourced from the market description on Polymarket. Polymarket's UMA optimistic oracle is the final settlement layer; if the published source is ambiguous, UMA tokenholders adjudicate. Source-extraction confidence is shown in the Resolution & Risk block above.
How much is being traded on this market?
$807.97 of trading volume in the last 24 hours. Lifetime volume on Polymarket: $829.07. Open liquidity in the YES/NO orderbooks: $3.1K. Spread between best bid and best ask: 1.0¢.
Is this a trade recommendation?
No. Orrery describes — never predicts. Every signal on this market carries explicit Evidence, Backtest, and Action tiers. The Action is always one of: Watch only, Inspect timeline, Create alert, Verify source, or Ignore — never Buy or Sell. The probability above is the market's collective implied probability, not a forecast Orrery is publishing.
How fresh is this data and where does it come from?
This page revalidates from the public Polymarket APIs every 30 seconds. Probability and 24h-change come from Gamma; the chart series comes from the CLOB orderbook history; trade and holder data come from the Data API. The fetched-at timestamp on each block tells you exactly how old the underlying upstream pull was.
Alerts
In-app banners fire as soon as a rule is satisfied. Email, Telegram, and Discord delivery are coming soon — every existing rule will keep working without changes.