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Five Prediction Markets, Five Definitions of Price: The Normalization Problem Nobody Talks About

Hacker Noon

TechnologyHacker Noon·Aug 2, 2026·1 min read

Five Prediction Markets, Five Definitions of Price: The Normalization Problem Nobody Talks About

Pull the current price for the same event from two prediction market APIs and diff them. Check "Fed cuts rates in September" on Kalshi and Polymarket at the same moment: Kalshi shows YES at 61¢, Polymarket shows YES at $0.58. Three cents…

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