Will FTX's deal with BlockFi be announced by July 31?
Probability
100¢
1h
+0.0pp
24h
+0.0pp
24h Vol
$0.00
Liquidity
$0.02
Orrery restored this market from Polymarket's closed-market records. Treat the numbers below as last-known market context, then verify the resolution source before citing the outcome.
Canonical status
confidence: mediumSource status (Polymarket)
Derived status (Orrery)
Reason
Upstream marked the market closed/settled with YES price dominant.
The derived status is computed from the source flags plus the live YES price, so a market trading near a rail can read as PRICE-PINNED while upstream is still active. That isn't the same as resolved.
Resolution & Risk
LOW risk- End date
- Jul 31, 2022
- UMA status
- resolved
- Resolution source
- Market type
- Binary
- Wide spread (100.0¢) — liquidity risk on entry/exit.
Probability (last 7 days)
+0.0pp 7dWhy did it move?
Structured · 2 factors- 01Active signal
Resolution-risk observation firing
Market has reached expiry. Watch the UMA dispute window.
- 02Spread cost
Wide spread — 100.0¢
Bid-ask spread is wide enough that intraday moves overstate any tradeable advantage. Most of the headline pp move would be eaten by spread on a market order.
What to track next
- Verify the resolution source on this page — exchange feed, official release, news consensus — before treating any move as new information.
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
- Jul 31, 2022
- UMA status
- resolved
- Resolution source
- Market type
- Binary
- Wide spread (100.0¢) — liquidity risk on entry/exit.
Verification Brief
A guided checklist for what must be proven before this market is treated as reliable context.
The market appears resolved. The useful check is whether the source and final oracle state match the displayed outcome.
Verification goal
Map resolution-relevant sources to the exact criteria needed to avoid misreading price as settlement.
What needs proof
Primary source
requiredConfirm the primary news consensus source and whether it directly answers the market's resolution question.
Current evidence: consensus of credible reporting
Contract wording
requiredExtract the exact condition that makes YES resolve true and note any exclusions, time zone, deadline, or fallback rule.
Orrery verification task Will FTX's deal with BlockFi be announced by July 31? State: Resolved YES — officially resolved Need sources for: 1. Primary source: Confirm the primary news consensus source and whether it directly answers the market's resolution question. 2. Contract wording: Extract the exact condition that makes YES resolve true and note any exclusions, time zone, deadline, or fallback rule. 3. Liquidity context: Check whether the move is supported by enough liquidity and volume to treat it as meaningful context. Drop only durable links that map to one criterion. Research only. Not trade advice.
Orrery verification brief Will FTX's deal with BlockFi be announced by July 31? State: officially resolved Verify: Primary source + Contract wording Price is not settlement. Research only. Not trade advice.
Market link goes in reply
A controlled loop for durable sources. Every source must answer one criterion from this Verification Brief.
Sources
0
Criteria covered
0
Reviewed
0
Awaiting review
0
Submit a source mapped to a criterion
Recent source checks
Pilot audit summary
Research only · Not trade advice · Every source maps to one criterion
Timeline
critical · price · trade flowCritical
- 02:21SignalLOW
Resolution risk
Market has reached expiry. Watch the UMA dispute window.
Price movement
+0.0pp over the last 24h, now 100¢.
Active signals
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.
Market Description
On June 21, 2022, BlockFi International Ltd, a global crypto financial services company, announced that the company signed a preliminary term sheet with FTX to secure a $250 million revolving line of credit providing BlockFi with access to further capital. Zac Prince, the CEO of BlockFi, confirmed the news in a Twitter thread, claiming the new flow of capital would bolster the firm’s balance sheet and strengthen the platform. However, the term sheet is contingent upon the execution of definitive documents, which is expected to be completed in the coming days. This market is on whether the credit deal between FTX and BlockFi will be announced by July 31, 2022. This market will resolve to "Yes" if, within this market's timeframe, FTX (FTX Trading Ltd or FTX Digital Markets Ltd) or any of its subsidiaries or BlockFi Lending LLC or any of its subsidiaries announce that the two parties have reached an agreement in which FTX provides to BlockFi a line of credit greater than or equal to $100 million, in accordance with the aforementioned preliminary term sheet. Otherwise, this market will resolve to “No”. For this market to resolve to "Yes", either party need only announce within this market's timeframe that FTX has agreed to provide a line of credit greater than or equal to $100 million to BlockFi, regardless of whether the transaction has been initiated or completed at the time it is announced. Acquisition, exchange for equity, or another type of the deal which is not a revolving line of credit as described on June 21 by BlockFi, will not qualify for this market to resolve to “Yes”. This market's timeframe spans from June 29, 2022, 11 PM ET to July 31, 2022, 11:59:59 PM ET (inclusive). An announcement by BlockFi or FTX must be made through any of their official or verified channels (e.g. https://blockfi.com/learn/blockfi-news, https://twitter.com/BlockFi, https://twitter.com/FTX_Official, &c.), as a recorded or written statement by either company’s CEO, legal representation, or other individual or team which officially represents either company. A consensus of credible reporting may also be used to determine whether either company has issued such an announcement. If any subsidiary or parent of FTX Trading Ltd, FTX Digital Markets Ltd, or BlockFi Lending LLC announces that FTX will extend a credit facility to BlockFi by the resolution date, it will suffice to resolve this market to "Yes".
Why this category?
confidence: highCategory
Source
Matched term
acquisitionReason
Company acquisition markets are Business.
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 FTX's deal with BlockFi be announced by July 31?"?
As of Fri, 05 Jun 2026 02:21:34 GMT, YES is priced at 100% implied probability on Polymarket. The price changed +0.0pp in the last 24 hours, +0.0pp in the last hour, and +0.0pp in the last 7 days.
When does this market resolve?
This market resolves by Jul 31, 2022 (2022-07-31T00:00:00.000Z). Resolution is determined from UMA optimistic oracle (resolved).
What source determines the outcome?
Resolution is sourced from UMA optimistic oracle (resolved). 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?
$0.00 of trading volume in the last 24 hours. Lifetime volume on Polymarket: $15.4K. Open liquidity in the YES/NO orderbooks: $0.02. Spread between best bid and best ask: 100.0¢.
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 digests are wired to a server-side cron and continue while your tabs are closed. Telegram and Discord are planned — every existing rule will keep working as channels light up.
Top Holders
2 walletsNone.