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運動·曲棍球

2026年NHL史丹利盃冠軍

icon for 2026年NHL史丹利盃冠軍
運動·曲棍球

2026年NHL史丹利盃冠軍

科羅拉多雪崩隊 40.1%

卡羅來納颶風隊 38%

維加斯黃金騎士 12.6%

蒙特利爾加拿大人隊 9.3%

Polymarket

$77,478,377 交易量

科羅拉多雪崩隊 40.1%

卡羅來納颶風隊 38%

維加斯黃金騎士 12.6%

蒙特利爾加拿大人隊 9.3%

Polymarket

$77,478,377 交易量

科羅拉多雪崩隊

$14,435,440 交易量

40%

卡羅來納颶風隊

$981,659 交易量

38%

維加斯黃金騎士

$2,115,642 交易量

13%

蒙特利爾加拿大人隊

$2,508,206 交易量

9%

水牛城軍刀隊

$3,844,153 交易量

2%

This market will resolve to “Yes” if the Colorado Avalanche win the 2026 NHL Stanley Cup. Otherwise, this market will resolve to “No”. This market will resolve to “No” if it becomes impossible for this team to win the 2026 NHL Stanley Cup based off the rules of the NHL. The resolution source for this market will be information from the NHL. This market will resolve to “Yes” if the Carolina Hurricanes win the 2026 NHL Stanley Cup. Otherwise, this market will resolve to “No”. This market will resolve to “No” if it becomes impossible for this team to win the 2026 NHL Stanley Cup based off the rules of the NHL. The resolution source for this market will be information from the NHL. This market will resolve to “Yes” if the Vegas Golden Knights win the 2026 NHL Stanley Cup. Otherwise, this market will resolve to “No”. This market will resolve to “No” if it becomes impossible for this team to win the 2026 NHL Stanley Cup based off the rules of the NHL. The resolution source for this market will be information from the NHL. This market will resolve to “Yes” if the Montreal Canadiens win the 2026 NHL Stanley Cup. Otherwise, this market will resolve to “No”. This market will resolve to “No” if it becomes impossible for this team to win the 2026 NHL Stanley Cup based off the rules of the NHL. The resolution source for this market will be information from the NHL. This market will resolve to “Yes” if the Buffalo Sabres win the 2026 NHL Stanley Cup. Otherwise, this market will resolve to “No”. This market will resolve to “No” if it becomes impossible for this team to win the 2026 NHL Stanley Cup based off the rules of the NHL. The resolution source for this market will be information from the NHL. This market will resolve to “Yes” if the Dallas Stars win the 2026 NHL Stanley Cup. Otherwise, this market will resolve to “No”. This market will resolve to “No” if it becomes impossible for this team to win the 2026 NHL Stanley Cup based off the rules of the NHL. The resolution source for this market will be information from the NHL. This market will resolve to “Yes” if the Columbus Blue Jackets win the 2026 NHL Stanley Cup. Otherwise, this market will resolve to “No”. This market will resolve to “No” if it becomes impossible for this team to win the 2026 NHL Stanley Cup based off the rules of the NHL. The resolution source for this market will be information from the NHL. This market will resolve to “Yes” if the Nashville Predators win the 2026 NHL Stanley Cup. Otherwise, this market will resolve to “No”. This market will resolve to “No” if it becomes impossible for this team to win the 2026 NHL Stanley Cup based off the rules of the NHL. The resolution source for this market will be information from the NHL. This market will resolve to “Yes” if the Florida Panthers win the 2026 NHL Stanley Cup. Otherwise, this market will resolve to “No”. This market will resolve to “No” if it becomes impossible for this team to win the 2026 NHL Stanley Cup based off the rules of the NHL. The resolution source for this market will be information from the NHL. This market will resolve to “Yes” if the Edmonton Oilers win the 2026 NHL Stanley Cup. Otherwise, this market will resolve to “No”. This market will resolve to “No” if it becomes impossible for this team to win the 2026 NHL Stanley Cup based off the rules of the NHL. The resolution source for this market will be information from the NHL. This market will resolve to “Yes” if the Calgary Flames win the 2026 NHL Stanley Cup. Otherwise, this market will resolve to “No”. This market will resolve to “No” if it becomes impossible for this team to win the 2026 NHL Stanley Cup based off the rules of the NHL. The resolution source for this market will be information from the NHL. This market will resolve to “Yes” if the San Jose Sharks win the 2026 NHL Stanley Cup. Otherwise, this market will resolve to “No”. This market will resolve to “No” if it becomes impossible for this team to win the 2026 NHL Stanley Cup based off the rules of the NHL. The resolution source for this market will be information from the NHL. This market will resolve to “Yes” if the Tampa Bay Lightning win the 2026 NHL Stanley Cup. Otherwise, this market will resolve to “No”. This market will resolve to “No” if it becomes impossible for this team to win the 2026 NHL Stanley Cup based off the rules of the NHL. The resolution source for this market will be information from the NHL. This market will resolve to “Yes” if the Los Angeles Kings win the 2026 NHL Stanley Cup. Otherwise, this market will resolve to “No”. This market will resolve to “No” if it becomes impossible for this team to win the 2026 NHL Stanley Cup based off the rules of the NHL. The resolution source for this market will be information from the NHL. This market will resolve to “Yes” if the Boston Bruins win the 2026 NHL Stanley Cup. Otherwise, this market will resolve to “No”. This market will resolve to “No” if it becomes impossible for this team to win the 2026 NHL Stanley Cup based off the rules of the NHL. The resolution source for this market will be information from the NHL. This market will resolve to “Yes” if the New Jersey Devils win the 2026 NHL Stanley Cup. Otherwise, this market will resolve to “No”. This market will resolve to “No” if it becomes impossible for this team to win the 2026 NHL Stanley Cup based off the rules of the NHL. The resolution source for this market will be information from the NHL. This market will resolve to “Yes” if the Winnipeg Jets win the 2026 NHL Stanley Cup. Otherwise, this market will resolve to “No”. This market will resolve to “No” if it becomes impossible for this team to win the 2026 NHL Stanley Cup based off the rules of the NHL. The resolution source for this market will be information from the NHL. This market will resolve to “Yes” if the Toronto Maple Leafs win the 2026 NHL Stanley Cup. Otherwise, this market will resolve to “No”. This market will resolve to “No” if it becomes impossible for this team to win the 2026 NHL Stanley Cup based off the rules of the NHL. The resolution source for this market will be information from the NHL. This market will resolve to “Yes” if the Chicago Blackhawks win the 2026 NHL Stanley Cup. Otherwise, this market will resolve to “No”. This market will resolve to “No” if it becomes impossible for this team to win the 2026 NHL Stanley Cup based off the rules of the NHL. The resolution source for this market will be information from the NHL. This market will resolve to “Yes” if the Washington Capitals win the 2026 NHL Stanley Cup. Otherwise, this market will resolve to “No”. This market will resolve to “No” if it becomes impossible for this team to win the 2026 NHL Stanley Cup based off the rules of the NHL. The resolution source for this market will be information from the NHL. This market will resolve to “Yes” if the New York Rangers win the 2026 NHL Stanley Cup. Otherwise, this market will resolve to “No”. This market will resolve to “No” if it becomes impossible for this team to win the 2026 NHL Stanley Cup based off the rules of the NHL. The resolution source for this market will be information from the NHL. This market will resolve to “Yes” if the Ottawa Senators win the 2026 NHL Stanley Cup. Otherwise, this market will resolve to “No”. This market will resolve to “No” if it becomes impossible for this team to win the 2026 NHL Stanley Cup based off the rules of the NHL. The resolution source for this market will be information from the NHL. This market will resolve to “Yes” if the Minnesota Wild win the 2026 NHL Stanley Cup. Otherwise, this market will resolve to “No”. This market will resolve to “No” if it becomes impossible for this team to win the 2026 NHL Stanley Cup based off the rules of the NHL. The resolution source for this market will be information from the NHL. This market will resolve to “Yes” if the Utah Mammoth win the 2026 NHL Stanley Cup. Otherwise, this market will resolve to “No”. This market will resolve to “No” if it becomes impossible for this team to win the 2026 NHL Stanley Cup based off the rules of the NHL. The resolution source for this market will be information from the NHL. This market will resolve to “Yes” if the St. Louis Blues win the 2026 NHL Stanley Cup. Otherwise, this market will resolve to “No”. This market will resolve to “No” if it becomes impossible for this team to win the 2026 NHL Stanley Cup based off the rules of the NHL. The resolution source for this market will be information from the NHL. This market will resolve to “Yes” if the Vancouver Canucks win the 2026 NHL Stanley Cup. Otherwise, this market will resolve to “No”. This market will resolve to “No” if it becomes impossible for this team to win the 2026 NHL Stanley Cup based off the rules of the NHL. The resolution source for this market will be information from the NHL. This market will resolve to “Yes” if the New York Islanders win the 2026 NHL Stanley Cup. Otherwise, this market will resolve to “No”. This market will resolve to “No” if it becomes impossible for this team to win the 2026 NHL Stanley Cup based off the rules of the NHL. The resolution source for this market will be information from the NHL. This market will resolve to “Yes” if the Philadelphia Flyers win the 2026 NHL Stanley Cup. Otherwise, this market will resolve to “No”. This market will resolve to “No” if it becomes impossible for this team to win the 2026 NHL Stanley Cup based off the rules of the NHL. The resolution source for this market will be information from the NHL. This market will resolve to “Yes” if the Detroit Red Wings win the 2026 NHL Stanley Cup. Otherwise, this market will resolve to “No”. This market will resolve to “No” if it becomes impossible for this team to win the 2026 NHL Stanley Cup based off the rules of the NHL. The resolution source for this market will be information from the NHL. This market will resolve to “Yes” if the Anaheim Ducks win the 2026 NHL Stanley Cup. Otherwise, this market will resolve to “No”. This market will resolve to “No” if it becomes impossible for this team to win the 2026 NHL Stanley Cup based off the rules of the NHL. The resolution source for this market will be information from the NHL. This market will resolve to “Yes” if the Pittsburgh Penguins win the 2026 NHL Stanley Cup. Otherwise, this market will resolve to “No”. This market will resolve to “No” if it becomes impossible for this team to win the 2026 NHL Stanley Cup based off the rules of the NHL. The resolution source for this market will be information from the NHL. This market will resolve to “Yes” if the Seattle Kraken win the 2026 NHL Stanley Cup. Otherwise, this market will resolve to “No”. This market will resolve to “No” if it becomes impossible for this team to win the 2026 NHL Stanley Cup based off the rules of the NHL. The resolution source for this market will be information from the NHL. The Colorado Avalanche and Carolina Hurricanes have pulled ahead as the clear frontrunners in the 2026 Stanley Cup futures market, each carrying strong regular-season records and dominant early playoff performances that keep their implied probabilities tightly bunched near 40 percent. Colorado finished atop the Western Conference with 121 points and has outscored opponents heavily through the first two rounds, while Carolina leads the East with 113 points and has gone undefeated in eight postseason games. Vegas Golden Knights, Montreal Canadiens, and Buffalo Sabres trail because their regular-season point totals and current series situations offer narrower paths to the title. The prospect of an Avalanche-Hurricanes final, combined with both clubs’ depth and experience, sustains the competitive balance reflected in current pricing.

This market will resolve to “Yes” if the Carolina Hurricanes win the 2026 NHL Stanley Cup. Otherwise, this market will resolve to “No”.

This market will resolve to “No” if it becomes impossible for this team to win the 2026 NHL Stanley Cup based off the rules of the NHL.

The resolution source for this market will be information from the NHL.
交易量
$77,478,377
結束日期
2026-06-30
市場開放時間
Jun 23, 2025, 11:35 AM ET

Resolver

0x2F5e3684c...
This market will resolve to “Yes” if the Carolina Hurricanes win the 2026 NHL Stanley Cup. Otherwise, this market will resolve to “No”. This market will resolve to “No” if it becomes impossible for this team to win the 2026 NHL Stanley Cup based off the rules of the NHL. The resolution source for this market will be information from the NHL.
This market will resolve to “Yes” if the Colorado Avalanche win the 2026 NHL Stanley Cup. Otherwise, this market will resolve to “No”. This market will resolve to “No” if it becomes impossible for this team to win the 2026 NHL Stanley Cup based off the rules of the NHL. The resolution source for this market will be information from the NHL. This market will resolve to “Yes” if the Carolina Hurricanes win the 2026 NHL Stanley Cup. Otherwise, this market will resolve to “No”. This market will resolve to “No” if it becomes impossible for this team to win the 2026 NHL Stanley Cup based off the rules of the NHL. The resolution source for this market will be information from the NHL. This market will resolve to “Yes” if the Vegas Golden Knights win the 2026 NHL Stanley Cup. Otherwise, this market will resolve to “No”. This market will resolve to “No” if it becomes impossible for this team to win the 2026 NHL Stanley Cup based off the rules of the NHL. The resolution source for this market will be information from the NHL. This market will resolve to “Yes” if the Montreal Canadiens win the 2026 NHL Stanley Cup. Otherwise, this market will resolve to “No”. This market will resolve to “No” if it becomes impossible for this team to win the 2026 NHL Stanley Cup based off the rules of the NHL. The resolution source for this market will be information from the NHL. This market will resolve to “Yes” if the Buffalo Sabres win the 2026 NHL Stanley Cup. Otherwise, this market will resolve to “No”. This market will resolve to “No” if it becomes impossible for this team to win the 2026 NHL Stanley Cup based off the rules of the NHL. The resolution source for this market will be information from the NHL. This market will resolve to “Yes” if the Dallas Stars win the 2026 NHL Stanley Cup. Otherwise, this market will resolve to “No”. This market will resolve to “No” if it becomes impossible for this team to win the 2026 NHL Stanley Cup based off the rules of the NHL. The resolution source for this market will be information from the NHL. This market will resolve to “Yes” if the Columbus Blue Jackets win the 2026 NHL Stanley Cup. Otherwise, this market will resolve to “No”. This market will resolve to “No” if it becomes impossible for this team to win the 2026 NHL Stanley Cup based off the rules of the NHL. The resolution source for this market will be information from the NHL. This market will resolve to “Yes” if the Nashville Predators win the 2026 NHL Stanley Cup. Otherwise, this market will resolve to “No”. This market will resolve to “No” if it becomes impossible for this team to win the 2026 NHL Stanley Cup based off the rules of the NHL. The resolution source for this market will be information from the NHL. This market will resolve to “Yes” if the Florida Panthers win the 2026 NHL Stanley Cup. Otherwise, this market will resolve to “No”. This market will resolve to “No” if it becomes impossible for this team to win the 2026 NHL Stanley Cup based off the rules of the NHL. The resolution source for this market will be information from the NHL. This market will resolve to “Yes” if the Edmonton Oilers win the 2026 NHL Stanley Cup. Otherwise, this market will resolve to “No”. This market will resolve to “No” if it becomes impossible for this team to win the 2026 NHL Stanley Cup based off the rules of the NHL. The resolution source for this market will be information from the NHL. This market will resolve to “Yes” if the Calgary Flames win the 2026 NHL Stanley Cup. Otherwise, this market will resolve to “No”. This market will resolve to “No” if it becomes impossible for this team to win the 2026 NHL Stanley Cup based off the rules of the NHL. The resolution source for this market will be information from the NHL. This market will resolve to “Yes” if the San Jose Sharks win the 2026 NHL Stanley Cup. Otherwise, this market will resolve to “No”. This market will resolve to “No” if it becomes impossible for this team to win the 2026 NHL Stanley Cup based off the rules of the NHL. The resolution source for this market will be information from the NHL. This market will resolve to “Yes” if the Tampa Bay Lightning win the 2026 NHL Stanley Cup. Otherwise, this market will resolve to “No”. This market will resolve to “No” if it becomes impossible for this team to win the 2026 NHL Stanley Cup based off the rules of the NHL. The resolution source for this market will be information from the NHL. This market will resolve to “Yes” if the Los Angeles Kings win the 2026 NHL Stanley Cup. Otherwise, this market will resolve to “No”. This market will resolve to “No” if it becomes impossible for this team to win the 2026 NHL Stanley Cup based off the rules of the NHL. The resolution source for this market will be information from the NHL. This market will resolve to “Yes” if the Boston Bruins win the 2026 NHL Stanley Cup. Otherwise, this market will resolve to “No”. This market will resolve to “No” if it becomes impossible for this team to win the 2026 NHL Stanley Cup based off the rules of the NHL. The resolution source for this market will be information from the NHL. This market will resolve to “Yes” if the New Jersey Devils win the 2026 NHL Stanley Cup. Otherwise, this market will resolve to “No”. This market will resolve to “No” if it becomes impossible for this team to win the 2026 NHL Stanley Cup based off the rules of the NHL. The resolution source for this market will be information from the NHL. This market will resolve to “Yes” if the Winnipeg Jets win the 2026 NHL Stanley Cup. Otherwise, this market will resolve to “No”. This market will resolve to “No” if it becomes impossible for this team to win the 2026 NHL Stanley Cup based off the rules of the NHL. The resolution source for this market will be information from the NHL. This market will resolve to “Yes” if the Toronto Maple Leafs win the 2026 NHL Stanley Cup. Otherwise, this market will resolve to “No”. This market will resolve to “No” if it becomes impossible for this team to win the 2026 NHL Stanley Cup based off the rules of the NHL. The resolution source for this market will be information from the NHL. This market will resolve to “Yes” if the Chicago Blackhawks win the 2026 NHL Stanley Cup. Otherwise, this market will resolve to “No”. This market will resolve to “No” if it becomes impossible for this team to win the 2026 NHL Stanley Cup based off the rules of the NHL. The resolution source for this market will be information from the NHL. This market will resolve to “Yes” if the Washington Capitals win the 2026 NHL Stanley Cup. Otherwise, this market will resolve to “No”. This market will resolve to “No” if it becomes impossible for this team to win the 2026 NHL Stanley Cup based off the rules of the NHL. The resolution source for this market will be information from the NHL. This market will resolve to “Yes” if the New York Rangers win the 2026 NHL Stanley Cup. Otherwise, this market will resolve to “No”. This market will resolve to “No” if it becomes impossible for this team to win the 2026 NHL Stanley Cup based off the rules of the NHL. The resolution source for this market will be information from the NHL. This market will resolve to “Yes” if the Ottawa Senators win the 2026 NHL Stanley Cup. Otherwise, this market will resolve to “No”. This market will resolve to “No” if it becomes impossible for this team to win the 2026 NHL Stanley Cup based off the rules of the NHL. The resolution source for this market will be information from the NHL. This market will resolve to “Yes” if the Minnesota Wild win the 2026 NHL Stanley Cup. Otherwise, this market will resolve to “No”. This market will resolve to “No” if it becomes impossible for this team to win the 2026 NHL Stanley Cup based off the rules of the NHL. The resolution source for this market will be information from the NHL. This market will resolve to “Yes” if the Utah Mammoth win the 2026 NHL Stanley Cup. Otherwise, this market will resolve to “No”. This market will resolve to “No” if it becomes impossible for this team to win the 2026 NHL Stanley Cup based off the rules of the NHL. The resolution source for this market will be information from the NHL. This market will resolve to “Yes” if the St. Louis Blues win the 2026 NHL Stanley Cup. Otherwise, this market will resolve to “No”. This market will resolve to “No” if it becomes impossible for this team to win the 2026 NHL Stanley Cup based off the rules of the NHL. The resolution source for this market will be information from the NHL. This market will resolve to “Yes” if the Vancouver Canucks win the 2026 NHL Stanley Cup. Otherwise, this market will resolve to “No”. This market will resolve to “No” if it becomes impossible for this team to win the 2026 NHL Stanley Cup based off the rules of the NHL. The resolution source for this market will be information from the NHL. This market will resolve to “Yes” if the New York Islanders win the 2026 NHL Stanley Cup. Otherwise, this market will resolve to “No”. This market will resolve to “No” if it becomes impossible for this team to win the 2026 NHL Stanley Cup based off the rules of the NHL. The resolution source for this market will be information from the NHL. This market will resolve to “Yes” if the Philadelphia Flyers win the 2026 NHL Stanley Cup. Otherwise, this market will resolve to “No”. This market will resolve to “No” if it becomes impossible for this team to win the 2026 NHL Stanley Cup based off the rules of the NHL. The resolution source for this market will be information from the NHL. This market will resolve to “Yes” if the Detroit Red Wings win the 2026 NHL Stanley Cup. Otherwise, this market will resolve to “No”. This market will resolve to “No” if it becomes impossible for this team to win the 2026 NHL Stanley Cup based off the rules of the NHL. The resolution source for this market will be information from the NHL. This market will resolve to “Yes” if the Anaheim Ducks win the 2026 NHL Stanley Cup. Otherwise, this market will resolve to “No”. This market will resolve to “No” if it becomes impossible for this team to win the 2026 NHL Stanley Cup based off the rules of the NHL. The resolution source for this market will be information from the NHL. This market will resolve to “Yes” if the Pittsburgh Penguins win the 2026 NHL Stanley Cup. Otherwise, this market will resolve to “No”. This market will resolve to “No” if it becomes impossible for this team to win the 2026 NHL Stanley Cup based off the rules of the NHL. The resolution source for this market will be information from the NHL. This market will resolve to “Yes” if the Seattle Kraken win the 2026 NHL Stanley Cup. Otherwise, this market will resolve to “No”. This market will resolve to “No” if it becomes impossible for this team to win the 2026 NHL Stanley Cup based off the rules of the NHL. The resolution source for this market will be information from the NHL. The Colorado Avalanche and Carolina Hurricanes have pulled ahead as the clear frontrunners in the 2026 Stanley Cup futures market, each carrying strong regular-season records and dominant early playoff performances that keep their implied probabilities tightly bunched near 40 percent. Colorado finished atop the Western Conference with 121 points and has outscored opponents heavily through the first two rounds, while Carolina leads the East with 113 points and has gone undefeated in eight postseason games. Vegas Golden Knights, Montreal Canadiens, and Buffalo Sabres trail because their regular-season point totals and current series situations offer narrower paths to the title. The prospect of an Avalanche-Hurricanes final, combined with both clubs’ depth and experience, sustains the competitive balance reflected in current pricing.

This market will resolve to “Yes” if the Carolina Hurricanes win the 2026 NHL Stanley Cup. Otherwise, this market will resolve to “No”.

This market will resolve to “No” if it becomes impossible for this team to win the 2026 NHL Stanley Cup based off the rules of the NHL.

The resolution source for this market will be information from the NHL.
交易量
$77,478,377
結束日期
2026-06-30
市場開放時間
Jun 23, 2025, 11:35 AM ET

Resolver

0x2F5e3684c...
This market will resolve to “Yes” if the Carolina Hurricanes win the 2026 NHL Stanley Cup. Otherwise, this market will resolve to “No”. This market will resolve to “No” if it becomes impossible for this team to win the 2026 NHL Stanley Cup based off the rules of the NHL. The resolution source for this market will be information from the NHL.

警惕外部連結哦。

Frequently Asked Questions

"2026年NHL史丹利盃冠軍 " is a prediction market on Polymarket with 32 possible outcomes where traders buy and sell shares based on what they believe will happen. The current leading outcome is "科羅拉多雪崩隊" at 40%, followed by "卡羅來納颶風隊" at 38%. Prices reflect real-time crowd-sourced probabilities. For example, a share priced at 40¢ implies that the market collectively assigns a 40% 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, "2026年NHL史丹利盃冠軍 " has generated $77.5 million in total trading volume since the market launched on Jun 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 "2026年NHL史丹利盃冠軍 ," browse the 32 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 "2026年NHL史丹利盃冠軍 " is "科羅拉多雪崩隊" at 40%, meaning the market assigns a 40% chance to that outcome. The next closest outcome is "卡羅來納颶風隊" at 38%. 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 "2026年NHL史丹利盃冠軍 " 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.