PolymarketAI / TechDevelopingUpdated 7m ago

Will Anthropic's market cap be between $1.75T and $2.0T at market close on IPO day?

As of Oct 12, 2026, 12:57 AM ET, Polymarket priced this market at 18.5% (little changed over 24 hours). It had $26.2K traded in the past 24 hours, $36.9K of order-book liquidity and a bid-ask spread of 1.0 pts. probcast.co rates the support behind this price as moderate.

Market probability
18.5%
Little changed over 24 hours

Thin market where small orders can move the price, traded by a small group of accounts.

Price historyPolymarket

Source: Polymarket price history

How credible was the move?

Methodology →

Move validity

Moderate

Consensus stability

Stable

Contract clarity

High

Can you trust this price?

Two different questions: how hard the price is to move, and whose trading set it.

Market capacity

How hard is it to move this price?

ThinTight spread

Order-book liquidity

$36.9K

Bid-ask spread

1.0 pts

24h volume

$26.2K

Total volume

$224.2K

It would take roughly $4.8K of buying to move the price up by ~5 pts.

Little money on the book — a modest order can move this price, so treat swings with care.

Who's trading

Whose opinion is this price?

A few accounts
53%of the traded money came from the single largest account

Accounts

71

Trades

200

over 6 days

Largest order

$1.3K

$8.7K traded across these 200 trades (last 6 days).

A small group of accounts did most of the trading — neither one whale nor a broad crowd.

Recent trade activity$8.7K traded

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

What this market actually measures

This market will resolve based on Anthropic's market capitalization at the closing price on its first day of trading. If no IPO occurs by December 31, 2027, 11:59 PM ET, the market will resolve to "No IPO by December 31, 2027".

This summary shows the opening of the venue's official rules. ProbCast has not yet generated an independent plain-English interpretation for this contract — review the full rules before relying on it.

View full official resolution rules

This market will resolve based on Anthropic's market capitalization at the closing price on its first day of trading. If no IPO occurs by December 31, 2027, 11:59 PM ET, the market will resolve to "No IPO by December 31, 2027". Market capitalization expresses the monetary value of a company’s outstanding shares, stated in its pricing currency. It is calculated as the number of shares outstanding multiplied by the closing share price on the first trading day. If the relevant value falls exactly between two brackets, then this market will resolve to the higher range bracket. Resolution will be based on the primary exchange’s official listing page. In the event that the relevant figure is not displayed, another reliable source will be used. In the event of an interruption in the course of the normal trading session on Anthropic’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 as the first day of trading for purposes of this market.

What could move this market next?

  • The market's deadline arrivesDecember 31, 2027 at 11:59 PM ET

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

Derived from the contract's own mechanics as of Oct 12, 1:04 AM 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 ±14 pts.

Quote-drivenLegacy movement classifier: watch

What's happening

medium classifier confidence
Quote-driven

A tight, deep, quote-driven book with little executed flow. The price is stable but reflects resting quotes more than active trading.

  • Tight spread on a liquid, calm market
  • Deep, balanced resting book

The latest price is a usable but caveated read — weigh it with the market state.

More details — reliability score, dynamics, durability
Reliability score
40Medium
Where the price path tends to go next440 observed
  • Choppy / mean-reverting95%
  • Stable consensus2%
  • Thin-liquidity spike1%

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

DurabilityHigh· half-life ~4w
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

$26.2K

Liquidity

$36.9K

Total volume

$224.2K

Category
AI / Tech
Venue
Polymarket
Open interest
—
Spread
1.0 pts
Best bid
18.0%
Best ask
19.0%
7-day range
18.5% – 18.5%
Resolves
Dec 31, 2027
Change (pts)1H0.06H0.024H0.07D0.0

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