The Hopium Index

Every bet a whale bought and held to the end, grouped by the price they paid. If whales priced bets fairly, the dots would sit on the break-even line. Below the line, they paid more than the bet turned out to be worth.

Polymarket whales, per $1 share, across 82,695 held positions
+3.4¢
paid above what their bets were worth
Swipe the chart sideways to see all prices →
0% 0¢ 25% 25¢ 50% 50¢ 75% 75¢ 100% $1 Price paid per $1 share How often it won break-even

Each dot is a 5¢ price bucket: across = average price paid, up = share that won. The vertical tick is the gap to break-even. Hollow dots rest on fewer than 50 positions, so read them loosely. Hover or tab to a dot for its numbers.

Show the numbers
Avg price paidWonGapPositions
2.8¢ 5.4% −2.6% 37
7.8¢ 3.1% +4.7% 160
12.5¢ 6.1% +6.4% 427
17.5¢ 13.1% +4.4% 619
22.3¢ 17.4% +4.9% 985
27.4¢ 21.5% +5.9% 1,451
32.5¢ 28.3% +4.2% 2,049
37.4¢ 31.6% +5.8% 2,996
42.4¢ 37.8% +4.6% 4,653
47.4¢ 44.8% +2.6% 6,434
52.1¢ 48.7% +3.4% 8,325
57.2¢ 53.2% +4.0% 6,693
62.3¢ 59.7% +2.6% 5,658
67.2¢ 63.1% +4.1% 4,747
72.3¢ 69.4% +2.9% 4,170
77.2¢ 74.6% +2.6% 3,861
82.2¢ 79.7% +2.5% 3,994
87.4¢ 85.5% +1.9% 3,731
92.4¢ 89.6% +2.8% 4,581
98.6¢ 95.3% +3.3% 17,124

Gap = price paid minus how often it won, in cents per $1 share (positive = overpaid). The headline is the gap averaged over all positions.

Source: hopium_compute run 1791223421 (PG metrics_*) · computed 2026-10-05 18:03 UTC
  • Poly: only >=$1k trades captured -> per-wallet PnL partial
  • Limitless: price/contracts only since 2026-09-05
  • latest window has the most unresolved markets
  • Limitless wash/value-transfer trades excluded (see wash); Poly off-book is report-only
  • fair value covers Limitless crypto markets only (Binance); stocks have no reference feed