Insights

Research across crypto and prediction markets.

Original studies and practical guides, with sources, measurement windows and limits. Follow the evidence from market structure to trader behaviour and event context.

ResearchPrediction markets7 min read

Best Polymarket Whale Trackers in 2026: 2 of 8 Tell You How Late Their Alerts Are

Eight third-party Polymarket whale trackers and large-trade alert tools compared on the thing that decides whether an alert is usable: stated latency, plus threshold, venues, channels and price. Read from each vendor's own pages on 5 September 2026.

ResearchPrediction markets8 min read

1.6% of Polymarket Wallets Never Sleep. They Made 58% of All Trades.

Hourly activity for 130,346 Polymarket wallets over 12 days in August and September 2026: 2,080 wallets were active in every hour of the clock and filled 58.4% of 9.82 million trades. The ten busiest wallets alone filled one trade in five. Half of all wallets traded on a single day.

ResearchPrediction-Market Intelligence3 min read

We Tested Polymarket Prices Against 6,776 Resolved Markets. Here's Where They Bend.

Original Vultax research: a calibrated fair-value model beat raw Polymarket prices by ~9.6% on out-of-sample Brier score. Where the favorite-longshot effect lives, what the model can honestly flag, and why it still isn't a trading edge.

ResearchPrediction markets9 min read

Best Polymarket Tools in 2026: 22 Tools Compared, 4 Publish Their Latency

22 Polymarket tools scored on stated latency, P&L method, history depth, liquidity context and price, from each vendor's own pages on 5 September 2026. Only four state how fast their alerts are, and no leaderboard says whether its P&L is net of fees.

ResearchPrediction markets5 min read

Esports Out-Traded the Fed on Polymarket Today: 21.4% vs 20.5% of Volume, and Five Video Games in Our Top Five

On 6 September 2026 esports was the largest category among Polymarket's hundred busiest markets, ahead of the September Fed decision, and the five biggest markets in Vultax's own fills were all League of Legends and Counter-Strike playoffs. Who trades them, hour by hour.

ResearchPrediction markets6 min read

The Fed Is a Coin Flip on Polymarket: 49.5% Hike, 49.5% Hold, and Kalshi Agrees to Half a Cent

Ten days before the 16 September FOMC decision, Polymarket prices a 25 bp hike and no change at 49.5% each on $99 million of volume; Kalshi's contracts closed at 49 and 49. Thirty days of both venues, the gap between them, and the 5,120 wallets trading it.

ResearchPrediction markets4 min read

Where Polymarket Profits Go: 36 Wallets Took 44% of the Gains

Realised trading P&L across 9,902 Polymarket wallets and 2,147 markets from 18 June to 14 July 2026: 35% of wallets closed a gain, 10% closed a loss, and the top 1% of winners took 44% of all realised gains.

ResearchPrediction markets5 min read

Do Profitable Polymarket Traders Stay Profitable? Two Months, 9,949 Wallets

Month-over-month realised P&L for 9,949 Polymarket wallets: activity separates winners from losers more than a leaderboard rank does, and among wallets with ten or more trades in both months, 67% were profitable in both.

ResearchMarket structure4 min read

The Whale Clock: When Large Crypto Trades Happen, by Hour and by Venue

115,006 large-trade alerts timestamped to the second show a clear daily rhythm: the four hours from 13:00 to 16:00 UTC carry almost a quarter of all large prints, and weekends run about 30% quieter.

ResearchMarket structure5 min read

115,006 Large-Trade Alerts in 78 Days: Where Crypto Whales Actually Print

Every large-trade alert Vultax logged from 18 June to 3 September 2026 across six exchanges: who prints the biggest, how balanced the flow was, and why HTX carried more large-trade notional than Binance.

ResearchMarket infrastructure5 min read

Crypto Exchange Feed Latency: 16 Venues Measured

Observed order-book feed latency and uptime across 16 crypto exchanges, measured from live venue feeds over a 24-hour window in September 2026.

ResearchMarket integrity9 min read

Crypto Wash Trading: What the Research Actually Shows

Published estimates of fake crypto volume range from 51% to 95%. Here is why the studies disagree, and what a trader can check without a vendor.

ResearchMarket structure7 min read

Exchange Liquidity Is Not Volume: How to Judge a Venue

Volume is what an exchange reports. Liquidity is what absorbs your order. The two diverge sharply, and the gap between them is measurable.

ResearchMarket integrity7 min read

Order-Book Spoofing: What It Looks Like in Live Data

Spoofing is defined by intent, which no market-data feed can observe. Here are the order-book patterns that stand in for it, and where they fail.

ResearchMarket infrastructure5 min read

Why a Connected Exchange Feed Can Record Nothing

An order-book feed can stay connected, keep receiving messages, and store almost none of them. Here is the failure mode, the numbers it produces, and the one check that catches it on day one.

ResearchMarket structure8 min read

Why Most Crypto Arbitrage Spreads Are Not Executable

A visible price gap between two exchanges is a gross number. Fees, depth, transfer time and your own feed latency decide what is left of it.

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