Lesson 1 · 2 min
How a Kalshi XRP 15-minute market actually settles
- Each market asks one thing: will XRP be above the target price when the 15 minutes end?
- The target and the final price both come from the CF Benchmarks index: the average of the last 60 seconds, not one tick.
- Because it's an average, a spike in the final 10 seconds moves the result much less than it looks on a chart. Halfway through the last minute, half the answer is already set.
- YES pays $1 if the average finishes above the target. NO pays $1 if it doesn't. Anything else pays $0.
