Discord IPO Closing Market Cap

$1,584.54 Vol.

Dec 31, 2027

8–11B35%

17–20B21%

<5B17%

5–8B13%

Market overview

Market dates:

Market Period: From the publication date through July 23, 2026, at 2:51 PM UTC
Market Closing: December 31, 2027, at 11:59 PM UTC
Resolution Deadline: The resolution will be determined after market close, or earlier if the outcome is reached

Rules

The token must be actively and publicly transferable and tradable. Announcements alone do not qualify. Stable recently raised eyebrows when it secured $1 billion in deposits ahead of its token launch. Stable founder and CEO, Paul Faecks, told Decrypt that the stablecoin blockchain will launch its mainnet by “late year.” Will mainnet launch by the end of year?

Market Context

This market will resolve based on Discord's market capitalization at the closing price on its first day of trading. If no such IPO occurs by December 31, 2027, 11:59 PM ET, the market will resolve to "No IPO before September 2026". Market capitalization expresses the monetary value of a company’s outstanding shares, stated in its pricing currency. It is calculated as the total number of outstanding shares, multiplied by the official closing share price of the publicly traded class on the first trading day. If necessary, to accurately capture the company’s total market capitalization, rather than a stock-class-specific market capitalization, the calculation will include all outstanding share classes and apply any stated conversion ratios to the publicly traded class. Where no conversion right exists, such shares will be counted at their stated outstanding amount without discount, unless official filings explicitly specify differently. The number of outstanding shares will be determined from official company filings or disclosures (e.g., SEC filings). The closing share price on the first trading day will be determined from the primary exchange’s official listing page. If the relevant value falls exactly between two brackets, this market will resolve to the higher range bracket. The primary resolution source for this market will be official company filings and the primary exchange’s official listing page. The market capitalization will be determined through appropriate calculation using the total outstanding shares and the closing price from the first day of trading. In the event of an interruption in the normal trading session on the specified company’s first day of trading (e.g., a circuit breaker or half-day), the market will resolve according to the official closing price of the abbreviated session. If no such official closing price is published, the market will resolve according to the next trading day on which an official closing price is published, treating that day as the first day of trading for the purposes of this market.