Market Trust diligence packet

Will Croatia win the 2026 FIFA World Cup?

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 citeCurrent daily snapshot

So what?

Use only as a review target. Current-card issues must clear before this price is used as evidence.

Memo language

Convexly rates this polymarket market "Will Croatia win the 2026 FIFA World Cup?" as Do not cite.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: Too much participant flow is unknown while participant-quality evidence is still pending. This is market diligence, not a trading instruction or proof that the market probability is correct.

Caveat to carry: Too much participant flow is unknown while participant-quality evidence is still pending.

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: 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.
  • Clear current blocker: Some pillars on this card are still gathering evidence.

Market quality

78 / 100

Interval 37-91

Evidence confidence

low

37 / 100

Source health

source gate passed

1 sources | dropped 0

Audit chain

3f0f6b3b27...

row hash verified

Why this verdict

participant quality pending high unknown flow

1 measured | 4 heuristic | 2 pending

Why this rating

Composite 78 · Do not cite

1 measured4 heuristic2 pending
  • Coherenceheuristicweight 20.0

    No full-provenance CME signal is linked to this condition in the current ledger window; absence of a signal is not proof of coherence.

    • · no_linked_cme_signal_in_window
    • · absence_of_signal_not_proof_of_coherence
    • · cme_signal_window_days:7
    • · recent_full_provenance_signals:183
    50+14.3
  • Liquidityheuristicweight 15.0

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

    • · top-of-book spread 0.1c
    • · spread is 0% 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+21.4
  • Depthheuristicweight 15.0

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

    • · min-side depth $5,967,328 within ±5c of mid
    • · bid $5,967,328 / ask $5,967,328
    • · pp-band-to-cents-band approximation in effect (depth_5pct_usd/2 per side); per-side decomposition pending substrate work
    • · scorer_version:M2
    95+20.4
  • Resolution reliabilityheuristicweight 15.0

    Resolution source and rule text are present but not independently reviewed.

    • · resolution_metadata_present_manual_review_pending
    70+15.0
  • 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 screenpendingweight 10.0

    Mild concentration or coordination signals; review before citing.

    • · top-3 wallets control 100% of notional flow
    • · flow_events:5
    • · distinct_wallets:4
    • · wash_round_trips:0
    75no contrib
  • Audit completenessmeasuredweight 5.0

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

    • · artifact_hashes_present
    • · source_watermarks_healthy
    100+7.1

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 = 70.0.

Caveat: 2 pillars pending — the score will recompute as the substrate fills in.

What is being rated

Market identity

Venue

polymarket

condition 0xe5bd80313b8859e3...

Category

unmapped

used for coverage and validation breadth

Market status

active

venue-provided lifecycle state when available

Resolution rule

This market will resolve according to the national team that wins the 2026 FIFA World Cup. If at any point it becomes impossible for this team to win the FIFA World Cup based on the rules of FIFA (e.g., they are eliminated in the knockout stage), this market will resolve immediately to “No”. If the 2026 FIFA World Cup is permanently canceled or has not been completed by October 13, 2026, 11:59 PM this market will resolve to “Other”. The primary resolution source will be official information from FIFA, however, a consensus of credible reporting may also be used.

card_id: mt-v02:polymarket:0xe5bd80313b8859e3f5761568ac9498866ea9d4419e4d1b6a877a9a9bd2754cb4:2026-05-26

market_id: f04096f6-5637-48cc-82db-5fd2368fe34d

venue_market_id: 0xe5bd80313b8859e3f5761568ac9498866ea9d4419e4d1b6a877a9a9bd2754cb4

resolution_source: 0x2F5e3684cb1F318ec51b00Edba38d79Ac2c0aA9d

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-v02:2026-05-26T07-16-12-778Z

method: market_trust_card_v0_2

row_hash: 3f0f6b3b27e6d2959851a8ac69d2d060af538d3310a39908e7080f892f3a19f1

previous_row_hash: fe2154ccd9715dc3a5d013ca204e2f2b0c3fec913da513d9b75c43e44857bcf0

source_artifact_hashes: 79a55281154d84fa61c4ea3bad44b9bac6307e2a77d3d45848f8891e97db8c07, 3d38516f4697980758b356ef1252afdc798f2736d34366d3878c5e42d04be0bb

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

4

public accounts observed

Top flow share

51.1%

concentration diagnostic

high participant concentrationhigh unknown flow sharethin participant countunknown 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

2026-05-26T07:15:40.428Z

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

57s

oldest observed source watermark

Ingested age

52s

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.
  • 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: 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.
  • absence_of_signal_not_proof_of_coherence
  • artifact_hashes_present
  • below_publishable_sample_floor

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 · heuristic

50 / 100

No full-provenance CME signal is linked to this condition in the current ledger window; absence of a signal is not proof of coherence.

no linked cme signal in windowabsence of signal not proof of coherencecme signal window days:7

Liquidity

weight 15 · heuristic

100 / 100

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

top-of-book spread 0.1cspread is 0% 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 $5,967,328 within ±5c of midbid $5,967,328 / ask $5,967,328pp-band-to-cents-band approximation in effect (depth 5pct usd/2 per side); per-side decomposition pending substrate work

Resolution reliability

weight 15 · heuristic

70 / 100

Resolution source and rule text are present but not independently reviewed.

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 · pending

75 / 100

Mild concentration or coordination signals; review before citing.

top-3 wallets control 100% of notional flowflow events:5distinct wallets:4

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

No full-provenance CME signal is linked to this condition in the current ledger window; absence of a signal is not proof of coherence.

Score

50

heuristic evidence

Source refs

0

linked-market or CME artifacts

no linked cme signal in window absence of signal not proof of coherence cme signal window days:7 recent full provenance signals:183

Sensitivity and drivers

Robustness block

Sensitivity verdict

stable

leave-one-out and weight perturbation

Leave-one-out

73-87

score range

Weight perturbation

76-79

score range

Drivers

3

largest weighted contributors

  • Coherence is heuristic, not fully measured.
  • 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.
  • 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.