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Tech·IPO

Discord IPO Closing Market Cap

icon for Discord IPO Closing Market Cap
Tech·IPO

Discord IPO Closing Market Cap

No IPO by June 30, 2026 77%

<15B 14.8%

15–20B 2.5%

30B+ 2.3%

Polymarket

$884,847 Vol.

No IPO by June 30, 2026 77%

<15B 14.8%

15–20B 2.5%

30B+ 2.3%

Polymarket

$884,847 Vol.

<15B

$297,908 Vol.

17%

15–20B

$108,754 Vol.

3%

20–25B

$74,039 Vol.

<1%

25–30B

$111,849 Vol.

1%

30B+

$99,345 Vol.

2%

No IPO by June 30, 2026

$192,952 Vol.

77%

This market will resolve based on Discord's market capitalization at the closing price on its first day of trading. If no IPO occurs by June 30, 2026, 11:59 PM ET, the market will resolve to "No IPO by June 30, 2026". 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 Discord’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.Polymarket traders price a 77% implied probability against a Discord IPO by June 30, 2026, driven by the company's confidential S-1 filing in January amid a missed March debut target, with CTO comments shifting expectations to the second half of 2026. Revenue around $700–800 million from 200 million monthly active users faces monetization hurdles from a gaming-centric, younger demographic, contributing to private secondary valuations sliding to $7–10 billion from prior $15 billion peaks. The 17.5% odds on sub-$15 billion market cap reflect trader consensus on subdued IPO pricing if it materializes soon, amid broader SaaS multiple compression; watch for public S-1 disclosure or roadshow signals in coming weeks.

This market will resolve based on Discord's market capitalization at the closing price on its first day of trading.

If no IPO occurs by June 30, 2026, 11:59 PM ET, the market will resolve to "No IPO by June 30, 2026".

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 Discord’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.
Volume
$884,847
End Date
Jun 30, 2026
Market Opened
Sep 22, 2025, 8:18 PM ET

Resolver

0x2F5e3684c...
This market will resolve based on Discord's market capitalization at the closing price on its first day of trading. If no IPO occurs by June 30, 2026, 11:59 PM ET, the market will resolve to "No IPO by June 30, 2026". 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 Discord’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.
This market will resolve based on Discord's market capitalization at the closing price on its first day of trading. If no IPO occurs by June 30, 2026, 11:59 PM ET, the market will resolve to "No IPO by June 30, 2026". 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 Discord’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.Polymarket traders price a 77% implied probability against a Discord IPO by June 30, 2026, driven by the company's confidential S-1 filing in January amid a missed March debut target, with CTO comments shifting expectations to the second half of 2026. Revenue around $700–800 million from 200 million monthly active users faces monetization hurdles from a gaming-centric, younger demographic, contributing to private secondary valuations sliding to $7–10 billion from prior $15 billion peaks. The 17.5% odds on sub-$15 billion market cap reflect trader consensus on subdued IPO pricing if it materializes soon, amid broader SaaS multiple compression; watch for public S-1 disclosure or roadshow signals in coming weeks.

This market will resolve based on Discord's market capitalization at the closing price on its first day of trading.

If no IPO occurs by June 30, 2026, 11:59 PM ET, the market will resolve to "No IPO by June 30, 2026".

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 Discord’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.
Volume
$884,847
End Date
Jun 30, 2026
Market Opened
Sep 22, 2025, 8:18 PM ET

Resolver

0x2F5e3684c...
This market will resolve based on Discord's market capitalization at the closing price on its first day of trading. If no IPO occurs by June 30, 2026, 11:59 PM ET, the market will resolve to "No IPO by June 30, 2026". 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 Discord’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.

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Frequently Asked Questions

"Discord IPO Closing Market Cap" is a prediction market on Polymarket with 6 possible outcomes where traders buy and sell shares based on what they believe will happen. The current leading outcome is "No IPO by June 30, 2026" at 77%, followed by "<15B" at 17%. Prices reflect real-time crowd-sourced probabilities. For example, a share priced at 77¢ implies that the market collectively assigns a 77% chance to that outcome. These odds shift continuously as traders react to new developments and information. Shares in the correct outcome are redeemable for $1 each upon market resolution.

As of today, "Discord IPO Closing Market Cap" has generated $884.8K in total trading volume since the market launched on Sep 23, 2025. This level of trading activity reflects strong engagement from the Polymarket community and helps ensure that the current odds are informed by a deep pool of market participants. You can track live price movements and trade on any outcome directly on this page.

To trade on "Discord IPO Closing Market Cap," browse the 6 available outcomes listed on this page. Each outcome displays a current price representing the market's implied probability. To take a position, select the outcome you believe is most likely, choose "Yes" to trade in favor of it or "No" to trade against it, enter your amount, and click "Trade." If your chosen outcome is correct when the market resolves, your "Yes" shares pay out $1 each. If it's incorrect, they pay out $0. You can also sell your shares at any time before resolution if you want to lock in a profit or cut a loss.

The current frontrunner for "Discord IPO Closing Market Cap" is "No IPO by June 30, 2026" at 77%, meaning the market assigns a 77% chance to that outcome. The next closest outcome is "<15B" at 17%. These odds update in real-time as traders buy and sell shares, so they reflect the latest collective view of what's most likely to happen. Check back frequently or bookmark this page to follow how the odds shift as new information emerges.

The resolution rules for "Discord IPO Closing Market Cap" define exactly what needs to happen for each outcome to be declared a winner — including the official data sources used to determine the result. You can review the complete resolution criteria in the "Rules" section on this page above the comments. We recommend reading the rules carefully before trading, as they specify the precise conditions, edge cases, and sources that govern how this market is settled.