KuCoin Insolvent before May?

This market will resolve to "Yes" if official information released by KuCoin, official representatives of KuCoin (e.g. lawyers, spokespeople, etc.), or a consensus of credible reporting announces by April 30, 2024, 11:59 PM ET that KuCoin is insolvent or is filing/has filed for any variety of bankruptcy. This market will also resolve to "Yes" if KuCoin withdrawals for BTC and/or ETH are suspended for a majority of users for at least 7 full days (168 hours) in a row by April 30, 2024, 11:59 PM ET. The primary resolution source for this settlement criterion will be official information released by KuCoin, official representatives of KuCoin (e.g. lawyers, spokespeople, etc.), and a consensus of credible reporting. If neither of the above criteria are met, this market will resolve to "No". KuCoin withdrawals being suspended for a majority of users means that a majority of users are unable to withdraw their BTC and/or ETH from KuCoin (E.g. If a majority of users are unable to withdraw their ETH from KuCoin, it will satisfy the condition.) If KuCoin suspends withdrawals on a day in the last week of April (e.g. They halt token withdrawals on April 29, 2024, 4 PM ET), this market will not resolve until either: 1) withdrawals are reenabled before 7 full days (168 hours) pass, resulting in a "No" resolution; 2) 7 full days pass (April 29, 2024 - May 6, 2024, 4 PM ET) where withdrawals are suspended, resulting in a "Yes" resolution.

How trading works

Polymarket uses a central limit order book (CLOB) model — you can buy or sell shares of any outcome at the current market price, or place limit orders at your target price. All positions are settled in USDC when the market resolves.

Resolution

Markets resolve through UMA's Optimistic Oracle. After the market closes, a proposer submits a resolution, followed by a 2-hour dispute window. If no dispute is raised, the resolution is accepted. Disputed markets go to UMA token holder vote.