Market Trust diligence packet

Starmer out by June 30, 2026?

One-screen answer to a buyer's question: can this market price be cited, used with caveats, discounted, or ignored? The packet separates the verdict from evidence confidence, source freshness, participant quality, integrity screens, and receipts.

Do not citeStale (6.6d old)

So what?

Monitor, but do not cite as current. The evidence is useful as an archived read until the data freshness window refreshes.

Freshness gate: Diligence packet is stale for current product claims. Treat this as archived evidence and wait for a refresh before demos or outreach.

Memo language

Convexly rates this polymarket market "Starmer out by June 30, 2026?" as Do not cite. Use only as a review target. Current-card issues must clear before this price is used as evidence. Caveat to carry: Resolution-rule text is missing, so the card cannot receive a clean citation verdict. This is market diligence, not a trading instruction or proof that the market probability is correct.

Caveat to carry: Resolution-rule text is missing, so the card cannot receive a clean citation verdict.

Use this packet when

  • Use to explain why this market should stay out of a citation set for now.
  • Use as a recovery checklist for source freshness, coherence, depth, or evidence gaps.

Do not use it as

  • A trading instruction.
  • Proof that the market probability is correct.
  • A manipulation accusation or person-level identity claim.

What changes the verdict

  • Clear hard cap: Resolution-rule text is missing, so the card cannot receive a clean citation verdict.
  • Clear hard cap: Too much participant flow is unknown while participant-quality evidence is still pending.
  • Clear current blocker: Not enough pillars on this card are measured yet.

Market quality

64 / 100

Interval 32-73

Evidence confidence

low

59 / 100

Source health

source gate passed

1 sources | dropped 0

Audit chain

e8873e0504...

row hash verified

Why this verdict

resolution rule text missing

3 measured | 3 heuristic | 1 pending

Why this rating

Composite 64 · Do not cite

3 measured3 heuristic1 pending
  • Coherencemeasuredweight 20.0

    4 full-provenance Coherent Markets Engine signals linked to this condition; 23 price-observation checkpoints recorded.

    • · full_provenance_cme_signal_linked
    • · signal_price_observations_linked
    • · no_observed_checkpoint_yet
    30+7.5
  • Liquidityheuristicweight 15.0

    Tight top-of-book; small to mid orders trade close to mid.

    • · top-of-book spread 1.0c
    • · spread is 1% of mid — tight relative to price
    • · pp-band-to-cents-band approximation in effect (depth_5pct_usd/2 per side); per-side decomposition pending substrate work
    • · scorer_version:M2
    100+18.8
  • Depthheuristicweight 15.0

    Deep book on both sides; large orders absorb without big mid-shift.

    • · min-side depth $61,692 within ±5c of mid
    • · bid $61,692 / ask $61,692
    • · pp-band-to-cents-band approximation in effect (depth_5pct_usd/2 per side); per-side decomposition pending substrate work
    • · scorer_version:M2
    95+17.8
  • Resolution reliabilityheuristicweight 15.0

    Partial resolution metadata is present; manual rule review remains pending.

    • · resolution_metadata_present_manual_review_pending
    55+10.3
  • Participant qualitypendingweight 20.0

    Participant-quality inputs exist but do not meet coverage floors.

    • · below_publishable_sample_floor
    • · high_participant_concentration
    • · high_unknown_flow_share
    • · insufficient_scored_accounts
    no contrib
  • Integrity risk screenmeasuredweight 10.0

    Heavy concentration / wash-pattern signals; treat with caution.

    • · wash-pattern round-trips on 7.8% of flow
    • · top-3 wallets control 89% of notional flow
    • · 84% of wallet/side pairs appear repeatedly
    • · flow_events:472
    25+3.1
  • Audit completenessmeasuredweight 5.0

    3 linked artifacts; 0 missing hashes; 0 stale/failing sources.

    • · artifact_hashes_present
    • · source_watermarks_healthy
    100+6.3

How it adds up: composite = Σ(score × weight) / Σ(weight) across measured + heuristic pillars only. Pending and data-rights-blocked pillars are excluded from both numerator and denominator. Total contributing weight = 80.0.

Caveat: 1 pillar pending — the score will recompute as the substrate fills in.

What is being rated

Market identity

Venue

polymarket

condition 0xbee2cd40473495f7...

Category

unmapped

used for coverage and validation breadth

Market status

active

venue-provided lifecycle state when available

Resolution rule

Resolution-rule text is not supplied on this packet; treat that as a caveat.

card_id: mt-v02:polymarket:0xbee2cd40473495f713c69b9dfbce9fc2837fa4011568222c83c83bb773e35053:2026-05-19

market_id: a1aac1f1-d82e-48d1-853a-6e10d29ba45f

venue_market_id: 0xbee2cd40473495f713c69b9dfbce9fc2837fa4011568222c83c83bb773e35053

resolution_source: 0x65070BE91477460D8A7AeEb94ef92fe056C2f2A7

Receipt and export

Audit chain

Convexly stores the card payload, removes the row_hash field, canonicalizes the remaining JSON, and recomputes the SHA-256 hash. This is the bridge from a readable verdict to a buyer-reviewable audit chain.

market-trust-v02:2026-05-19T17-26-17-530Z

method: market_trust_card_v0_2

row_hash: e8873e0504c2e3e4ea787d2caeafbe71f60fab8042d7369f93061f93773cdcc0

previous_row_hash: 89281c3900f12b83e018bd923e34aa012e90b4cadd45a797d2ccfd36332cf22f

source_artifact_hashes: b53b841d4cc7237463b5cee54bc93bcd24cf559c1d4411aa70924deb27fc636c, e59593d2285412c903ad28f0e2b00f47b34365fbcb55f7ec245557cd62c889f1

Who shaped the price

Participant and integrity screen

Participant-flow screens flagged concentration, unknown-flow, or low-edge-flow conditions for review. This is an integrity-risk screen, not a manipulation accusation and not person-level identity resolution.

Scored flow

0%

0 scored accounts

Unknown flow

100%

higher unknown flow lowers confidence

Participants

23

public accounts observed

Top flow share

81.7%

concentration diagnostic

high participant concentrationhigh unknown flow shareunknown or low sample flow present

Not claiming: wash-trading detection; sybil detection; manipulation-free market.

Ingest status

Source freshness window

The current ingest window is clean enough for review. This is freshness reporting, not an uptime SLA.

Latest orderbook

2026-05-19T17:25:10.002Z

most recent orderbook evidence attached to this card

Sources

1

1 healthy | 0 degraded | 0 stale | 0 failing

Dropped events

0

nonzero dropped events block current-language claims

Observed age

58s

oldest observed source watermark

Ingested age

57s

oldest ingest watermark

Canary vs v1

Validation state

Canary pipeline

blocked

Current card has source, evidence, or robustness issues to clear.

Public v1 promotion

4 public v1 validation gates still open.

Canary readiness says the current batch can be reviewed. Public v1 promotion waits for coverage, clean source-health windows, resolved outcomes, and formula-freeze evidence.

Read the promotion evidence contract
  • Not enough pillars on this card are measured yet.
  • Some pillars on this card are still gathering evidence.
  • The rating moves under leave-one-out or weight-perturbation checks.
  • The market's resolution-rule text is missing.
  • 14 consecutive clean source-health days have not yet been observed.
  • 30 current cards across 3 market categories are not yet reached.
  • The scoring formula must be frozen before validation runs.
  • At least one resolved-outcome row is still needed in the validation ledger.

What travels with the score

Top caveats

  • Hard cap: Resolution-rule text is missing, so the card cannot receive a clean citation verdict.
  • Hard cap: Too much participant flow is unknown while participant-quality evidence is still pending.
  • Current card issue: Not enough pillars on this card are measured yet.
  • Current card issue: Some pillars on this card are still gathering evidence.
  • Current card issue: The rating moves under leave-one-out or weight-perturbation checks.
  • Current card issue: The market's resolution-rule text is missing.

Validation requirements

Before stable v1

  • 14 consecutive clean source-health days have not yet been observed.
  • 30 current cards across 3 market categories are not yet reached.
  • The scoring formula must be frozen before validation runs.
  • At least one resolved-outcome row is still needed in the validation ledger.

Non-scoring provenance

External context

No external baseline family is mapped for this market yet.

No external baseline family is mapped for this market yet.

External context is non-scoring in v0.2. Market Trust still measures market-quality substrate, not absolute truth against outside forecasts.

Rating substrate

Seven-pillar evidence grid

Coherence

weight 20 · measured

30 / 100

4 full-provenance Coherent Markets Engine signals linked to this condition; 23 price-observation checkpoints recorded.

full provenance cme signal linkedsignal price observations linkedno observed checkpoint yet

Liquidity

weight 15 · heuristic

100 / 100

Tight top-of-book; small to mid orders trade close to mid.

top-of-book spread 1.0cspread is 1% of mid — tight relative to pricepp-band-to-cents-band approximation in effect (depth 5pct usd/2 per side); per-side decomposition pending substrate work

Depth

weight 15 · heuristic

95 / 100

Deep book on both sides; large orders absorb without big mid-shift.

min-side depth $61,692 within ±5c of midbid $61,692 / ask $61,692pp-band-to-cents-band approximation in effect (depth 5pct usd/2 per side); per-side decomposition pending substrate work

Resolution reliability

weight 15 · heuristic

55 / 100

Partial resolution metadata is present; manual rule review remains pending.

resolution metadata present manual review pending

Participant quality

weight 20 · pending

pending

Participant-quality inputs exist but do not meet coverage floors.

below publishable sample floorhigh participant concentrationhigh unknown flow share

Integrity risk screen

weight 10 · measured

25 / 100

Heavy concentration / wash-pattern signals; treat with caution.

wash-pattern round-trips on 7.8% of flowtop-3 wallets control 89% of notional flow84% of wallet/side pairs appear repeatedly

Audit completeness

weight 5 · measured

100 / 100

3 linked artifacts; 0 missing hashes; 0 stale/failing sources.

artifact hashes presentsource watermarks healthy

Linked-market consistency

Coherence block

4 full-provenance Coherent Markets Engine signals linked to this condition; 23 price-observation checkpoints recorded.

Score

30

measured evidence

Source refs

4

linked-market or CME artifacts

full provenance cme signal linked signal price observations linked no observed checkpoint yet

Sensitivity and drivers

Robustness block

Sensitivity verdict

moves

leave-one-out and weight perturbation

Leave-one-out

55-75

score range

Weight perturbation

62-66

score range

Drivers

3

largest weighted contributors

  • Coherence scores below 60 and needs stronger evidence before the verdict can improve.
  • Liquidity is heuristic, not fully measured.
  • Depth is heuristic, not fully measured.
  • Resolution reliability is heuristic, not fully measured.
  • Resolution reliability scores below 60 and needs stronger evidence before the verdict can improve.
  • Participant quality is pending, not fully measured.

Boundary of the packet

This packet is market diligence, not investment advice, not a claim of absolute truth, and not proof that any trader should buy or sell. It answers whether the market price has enough substrate to cite, monitor, discount, or ignore with receipts attached.