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ManifoldMacro / FedUpdated 9m ago

Will Australia produce 500 GL of desalinated water in 2040?

Market probability
49.6%
Little changed over 24 hours
5235 days until the event deadline
Deadline: January 5, 2041 at 6:59 PM ET

No meaningful repricing — the probability is steady.

The pricing has weak support: moderate trading volume.

How credible was the move?

Three separate questions — a move can be genuine while the latest price is still settling. Methodology →

Move validity

Is the move backed by real trading and depth?

Weak

The pricing has weak support: moderate trading volume.

Consensus stability

Has the market settled at the new probability?

Stable

The probability has held near its current level over the past several hours.

Contract clarity

Will the rules resolve without ambiguity?

High

The resolution rules are relatively specific, with a named source and a defined deadline.

Recent trade activity$30.2 traded

From the latest trade tape (most recent 200 prints) — a live activity sample, not a lifetime total.

What could move this market next?

  • The market's deadline arrivesJanuary 5, 2041 at 6:59 PM ET

    The contract must resolve based on what has happened by this date.

Derived from the contract's own mechanics as of Sep 6, 12:22 PM ET. ProbCast does not list scheduled meetings, announcements, or data releases it cannot verify.

Advanced analysis (experimental)

Research signals — these models are still accumulating the history needed for full validation, and they can disagree with the headline read. Model confidence: low · expected error ±23 pts.

Stale priceLegacy movement classifier: watch

What's happening

medium classifier confidence
Stale price

The price hasn't updated recently and volume is light, so it may not yet reflect the latest information. Treat the latest print as possibly lagging, not settled.

  • Price has not updated recently (stale)
  • Low recent movement on light volume — quote may lag new information

Read the latest price with caution; conditions make it an unreliable summary right now.

More details — reliability score, dynamics, durability
Reliability score
26Low
Where the price path tends to go next657 observed
  • Illiquid / quiet98%
  • Choppy / mean-reverting1%

Short-term motion of the price line (~1h), distinct from the environment above — not a prediction of the final outcome.

DurabilityHigh· half-life ~4h
PredictabilityStable

Secondary read: leaning toward Thin market.

A read-only classification of the market environment — how much weight the current price deserves as a read of consensus. It describes conditions, never a trade.

Market data

24h volume

Ṁ55.3

Liquidity

Ṁ100

Total volume

Ṁ0

Category
Macro / Fed
Venue
Manifold
Open interest
Current probability
49.6%
7-day range
49.6% – 50.0%
Resolves
Jan 5, 2041
Change (pts)1H0.06H-0.424H-0.47D-0.4