Market Trust

Decide whether a market price is worth citing.

Convexly turns a prediction-market price into a market-quality scorecard: coherence, liquidity, depth, resolution reliability, participant quality, integrity-risk screens, and an audit trail. Current canary cards expose which inputs are measured, heuristic, pending, or blocked before a rating graduates into stable public methodology.

ExperimentalStable 2026-05-11 · staleCanary 2026-05-18 · currentMethodologyTrack recordCanary proofBest current packetMacro Market TrustCross-venue disparities

What this page tells you

Can I cite this price?

Use, use with caveats, discount, or do not cite.

Why that verdict?

Every card separates measured evidence, caveats, and receipts.

Why still preview?

Stable v1 needs more outcome history, coverage, and a frozen validation contract.

The internal canary can be healthy while the public v1 promotion gate remains open. That means the data is usable for review, not yet for stronger performance claims.

Experimental rating caveat

Market Trust Cards are experimental market-quality diagnostics, not compliance certifications or validated credit ratings.

Edge Score cohorts feed participant-quality evidence when a market has enough public scored-wallet flow: not person-level identity, but whether skilled public wallets drove meaningful activity.

Coherence Signals supply the structural-consistency layer: whether related market prices violate probability constraints after costs and caveats.

Track Record decides what Convexly can claim as evidence matures: modeled, resolved, externally verified, stale, pending, or failed.

Cross-venue disparities show reviewed Polymarket/Kalshi price gaps with settlement-rule caveats before any consensus number is treated as useful.

Use

Citable only with the current evidence trail attached.

Use with caveats

Useful, but the caveats should travel with the number.

Discount

A weak input for decisions until missing evidence improves.

Do not cite

Too thin, stale, incoherent, or unresolved to rely on.

Market-quality scorecard

One plain-English status plus a pillar-by-pillar explanation of whether a market is currently usable, caveated, discounted, or not citable.

Visible caveats

v0.2 separates measured inputs from heuristics, so a buyer can see which parts of the rating are mature and which are still evidence collection.

Audit trail

Each card carries source artifacts and a row hash, linking the public card back to the reproducible Convexly research ledger.

Market Trust v1 sample shape

A stable card must answer the buyer's next question.

v0.2 is still a candidate surface. The v1 promotion target is not just a higher score. It is a card a user can cite in a memo because the verdict, evidence, limits, and next action are all visible together.

Verdict

Can I quote this probability?

Use, use with caveats, discount, or do not cite, with the exact methodology version attached.

Evidence

What supports the verdict?

Coherence, depth, participant quality, resolution reliability, integrity-risk screens, and source health.

Limits

What is missing or blocked?

Unknown flow share, stale snapshots, dropped events, data-rights gaps, and heuristic inputs travel with the score.

Next action

What should I do with it?

Cite with caveats, monitor for freshness, request a partner feed, or wait for resolved-outcome evidence.

Current canary

Current candidate cards with visible evidence boundaries.

These cards come from the current Market Trust candidate table. They are useful for internal review and buyer demos, but remain a preview until freshness, coverage, and outcome-history gates stay green over time.

Preview API
Discountpolymarket<1h lagcurrentsource gate passed

Market 0x8246b715242536356d2938f90df8b50271fcf6d7586495249e2e9f75a1101981

Decision read: Discount. Treat this card as a market-diligence snapshot, not a price forecast.

Score

95

interval 59-100

Evidence

4 measured

0 heuristic · 3 pending

Freshness

current

<1h lag

Current card issue: pending pillars present

Open diligence packet
Evidence details +

Math guardrails

Quality

95

interval 59-100

Confidence

55

low

Driver

resolution rule text missing

Sensitivity

stable under sensitivity

Participant substrate

Pillar

pending

Scored flow

2.9%

1/55 accounts

Unknown flow

97.2%

verdict capped

artifact_hashes_present

Evidence: 4 measured · 0 heuristic · 3 pending · 0 blocked

audit 53a5a054177e0930f937fe7cfc02237dff5fb8be3342796c7863fe25b7d2bd1a

Why this rating

Why this rating

Composite 95 · Discount

4 measured0 heuristic3 pending
  • Coherencependingweight 20.0

    Coherence evidence not linked yet.

    no contrib
  • Liquiditymeasuredweight 15.0

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

    100+33.3
  • Depthmeasuredweight 15.0

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

    95+31.7
  • Resolution reliabilitypendingweight 15.0

    Resolution reliability input has not been linked yet.

    no contrib
  • Participant qualitypendingweight 20.0

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

    no contrib
  • Integrity risk screenmeasuredweight 10.0

    Flow patterns clean; no wash-trade or coordination signals.

    85+18.9
  • Audit completenessmeasuredweight 5.0

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

    100+11.1
Discountpolymarket<1h lagcurrentsource gate passed

Market 0xbd5922eed56186e904c4f327658e8c0cbd88cd854114d0906208f8b65cce6718

Decision read: Discount. Treat this card as a market-diligence snapshot, not a price forecast.

Score

95

interval 56-100

Evidence

3 measured

1 heuristic · 3 pending

Freshness

current

<1h lag

Current card issue: insufficient measured pillars

Open diligence packet
Evidence details +

Math guardrails

Quality

95

interval 56-100

Confidence

51

low

Driver

resolution rule text missing

Sensitivity

stable under sensitivity

Participant substrate

Pillar

pending

Scored flow

0%

0/18 accounts

Unknown flow

100%

verdict capped

artifact_hashes_present

Evidence: 3 measured · 1 heuristic · 3 pending · 0 blocked

audit c274d76d9a6b235df375729f9b3d0f8817354a5479eed89bc1f7978d62ce01de

Why this rating

Why this rating

Composite 95 · Discount

3 measured1 heuristic3 pending
  • Coherencependingweight 20.0

    Coherence evidence not linked yet.

    no contrib
  • Liquiditymeasuredweight 15.0

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

    100+33.3
  • Depthmeasuredweight 15.0

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

    95+31.7
  • Resolution reliabilitypendingweight 15.0

    Resolution reliability input has not been linked yet.

    no contrib
  • Participant qualitypendingweight 20.0

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

    no contrib
  • Integrity risk screenheuristicweight 10.0

    Flow patterns clean; no wash-trade or coordination signals.

    85+18.9
  • Audit completenessmeasuredweight 5.0

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

    100+11.1
Discountpolymarket<1h lagcurrentsource gate passed

Market 0x95819f1669d9a6a5c54b19f02ffcf768ac5208b7424c161b7da046b53e707b93

Decision read: Discount. Treat this card as a market-diligence snapshot, not a price forecast.

Score

93

interval 52-100

Evidence

3 measured

1 heuristic · 3 pending

Freshness

current

<1h lag

Current card issue: insufficient measured pillars

Open diligence packet
Evidence details +

Math guardrails

Quality

93

interval 52-100

Confidence

51

low

Driver

resolution rule text missing

Sensitivity

stable under sensitivity

Participant substrate

Pillar

pending

Scored flow

0%

0/8 accounts

Unknown flow

100%

verdict capped

artifact_hashes_present

Evidence: 3 measured · 1 heuristic · 3 pending · 0 blocked

audit 78f2d218ebca6952cdeb8ac4c7ebd2089bf1f41902bf79f4238ad5d8f5e7285b

Why this rating

Why this rating

Composite 93 · Discount

3 measured1 heuristic3 pending
  • Coherencependingweight 20.0

    Coherence evidence not linked yet.

    no contrib
  • Liquiditymeasuredweight 15.0

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

    100+33.3
  • Depthmeasuredweight 15.0

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

    95+31.7
  • Resolution reliabilitypendingweight 15.0

    Resolution reliability input has not been linked yet.

    no contrib
  • Participant qualitypendingweight 20.0

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

    no contrib
  • Integrity risk screenheuristicweight 10.0

    Mild concentration or coordination signals; review before citing.

    75+16.7
  • Audit completenessmeasuredweight 5.0

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

    100+11.1
Discountpolymarket<1h lagcurrentsource gate passed

Market 0xca68152902c3581ab42feb04921b8b1cd3c4e80d06f255ae077259fca0bba15c

Decision read: Discount. Treat this card as a market-diligence snapshot, not a price forecast.

Score

93

interval 45-100

Evidence

3 measured

0 heuristic · 4 pending

Freshness

current

<1h lag

Current card issue: insufficient measured pillars

Open diligence packet
Evidence details +

Math guardrails

Quality

93

interval 45-100

Confidence

41

low

Driver

resolution rule text missing

Sensitivity

stable under sensitivity

Participant substrate

Pillar

pending

Scored flow

0%

0/5 accounts

Unknown flow

100%

verdict capped

artifact_hashes_present

Evidence: 3 measured · 0 heuristic · 4 pending · 0 blocked

audit cc7e15dad075b9045d1209e4f1dd0af09fd0d12e14d289bcd61efb36499552db

Why this rating

Why this rating

Composite 93 · Discount

3 measured0 heuristic4 pending
  • Coherencependingweight 20.0

    Coherence evidence not linked yet.

    no contrib
  • Liquiditymeasuredweight 15.0

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

    100+42.9
  • Depthmeasuredweight 15.0

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

    95+40.7
  • Resolution reliabilitypendingweight 15.0

    Resolution reliability input has not been linked yet.

    no contrib
  • Participant qualitypendingweight 20.0

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

    no contrib
  • Integrity risk screenpendingweight 10.0

    Mild concentration or coordination signals; review before citing.

    75no contrib
  • Audit completenessmeasuredweight 5.0

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

    100+14.3
Do not citepolymarket<1h lagcurrentsource gate passed

Starmer out by June 30, 2026?

Decision read: Do not cite. Treat this card as a market-diligence snapshot, not a price forecast.

Score

67

interval 43-73

Evidence

5 measured

1 heuristic · 1 pending

Freshness

current

<1h lag

Current card issue: pending pillars present

Open diligence packet
Evidence details +

Math guardrails

Quality

67

interval 43-73

Confidence

66

medium

Driver

resolution rule text missing

Sensitivity

fragile under sensitivity

Participant substrate

Pillar

pending

Scored flow

1.7%

4/151 accounts

Unknown flow

98.3%

verdict capped

19 possible wash round-trips detected

Evidence: 5 measured · 1 heuristic · 1 pending · 0 blocked

audit c6118688d3a7e138621f72b5042b21ffe5361e2b43abb1fc675bb02b57f021fb

Why this rating

Why this rating

Composite 67 · Do not cite

5 measured1 heuristic1 pending
  • Coherencemeasuredweight 20.0

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

    30+7.5
  • Liquiditymeasuredweight 15.0

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

    100+18.8
  • Depthmeasuredweight 15.0

    Workable depth for retail size; institutional size will move price.

    75+14.1
  • Resolution reliabilityheuristicweight 15.0

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

    55+10.3
  • Participant qualitypendingweight 20.0

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

    no contrib
  • Integrity risk screenmeasuredweight 10.0

    Flow patterns clean; no wash-trade or coordination signals.

    82+10.3
  • Audit completenessmeasuredweight 5.0

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

    100+6.3
Do not citepolymarket<1h lagcurrentsource gate passed

Market 0xe5bd80313b8859e3f5761568ac9498866ea9d4419e4d1b6a877a9a9bd2754cb4

Decision read: Do not cite. Treat this card as a market-diligence snapshot, not a price forecast.

Score

83

interval 33-95

Evidence

3 measured

0 heuristic · 4 pending

Freshness

current

<1h lag

Current card issue: insufficient measured pillars

Open diligence packet
Evidence details +

Math guardrails

Quality

83

interval 33-95

Confidence

41

low

Driver

resolution rule text missing

Sensitivity

stable under sensitivity

Participant substrate

Pillar

pending

Scored flow

0%

0/5 accounts

Unknown flow

100%

verdict capped

20% of wallet/side pairs appear repeatedly

Evidence: 3 measured · 0 heuristic · 4 pending · 0 blocked

audit 3db573ce3ea7c446fc12ed26df580f8738c225930e63a02bf4a2def689ed8d4d

Why this rating

Why this rating

Composite 83 · Do not cite

3 measured0 heuristic4 pending
  • Coherencependingweight 20.0

    Coherence evidence not linked yet.

    no contrib
  • Liquiditymeasuredweight 15.0

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

    95+40.7
  • Depthmeasuredweight 15.0

    Workable depth for retail size; institutional size will move price.

    75+32.1
  • Resolution reliabilitypendingweight 15.0

    Resolution reliability input has not been linked yet.

    no contrib
  • Participant qualitypendingweight 20.0

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

    no contrib
  • Integrity risk screenpendingweight 10.0

    Mild concentration or coordination signals; review before citing.

    67no contrib
  • Audit completenessmeasuredweight 5.0

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

    100+14.3

v0.2 maturation tracker

The promotion gate is evidence, not a version number.

The canary model should make a market legible to an advisor, journalist, venue operator, or institutional risk team: what supports the rating, what is still weak, and what has to resolve before Convexly can make stronger claims.

Current card issues

These are live card-health issues, not long-term v1 validation requirements.

pending pillars present (6)resolution rule text missing (6)insufficient measured pillars (4)rating not stable under sensitivity (1)

Before stable v1

These are evidence requirements for public promotion. They can remain open while the internal canary batch is healthy.

14 clean source-health days (6)30 current cards across 3 categories (6)frozen formula before validation (6)resolved outcome ledger evidence (6)

Candidate cards

6

latest audit run

Measured inputs

50%

21/42 pillar inputs

Clean source

6/6

no stale snapshot or dropped events

Robust verdicts

5/6

sensitivity-stable cards

Pending

18

inputs still being collected

Blocked rights

0

data unavailable by policy