Readings may not describe today1 scheduled close did not landWhy →
1 behind

1 scheduled close did not land — the daily index publish was due at 10:37 UTC on 2026-09-10 and the newest print on file is still 2026-09-09. The reading below is carried forward from that date and does not describe today.

Readings below are the last that settled; none has been carried forward, restated or interpolated to cover the gap. Every row states its own date and wears its own age. How the desk publishes

WCOUN

W.E.T. Country Politics Index 6mo

v1StandingExperimentalStanding
Governed close level
no level published
Gauge
31.47
0–100 · rung 6
Divisor
what chains this level to the last
Closes
18
latest 2026-09-09
Coverage
10 of 10 admitted markets pricedκ 1.0000 · floor 0.95weights two-sided-depth · cap 15.0%
Withheld by the sentinel

45 input(s) were quarantined by sentinel/v1 before this close and are excluded from the reading above.

What would make this reading wrong
  • The "country" axis stops appearing in politics titles: the selector then admits fewer than 6 markets and the index prints nothing rather than a level over a roster that no longer states the thesis.
  • Weight coverage falls below the declared floor of 95%, at which point the published state is insufficient_data and no value is printed — never a value carried forward from the last close that had one.
  • A published axis starts framing this board. No axis frames a majority of it today (polarity frames 0 of 10, severity frames 4 of 10, threshold frames 0 of 10), and that measurement is what put this worldview on a side-symmetric lens; a composition whose sides become readable is a different index and belongs to a successor spec rather than to an edit of this one.
How this reading was constructed (7)
  • universe: resolved by universe/v1 over 11653 candidate canonical event(s) from the `tape-text` source (${m.title ?? ''} ${m.marketRef}), admitting 14. Rejections by reason: keyword-miss 11633, category-not-admitted 1, horizon-outside-window 5.
  • universe: the declared 60–200d horizon window (axis 8) was APPLIED and removed 5 event(s) that every other selector admitted. A member resolving outside the window this index publishes is not a member of this index's horizon, whatever else it is.
  • universe: 11633 event(s) missed the keyword screen on the `tape-text` source, which carries ${m.title ?? ''} ${m.marketRef} and NOT the venue subtitle, tag or series the nomination pool sees. That count is the UPPER BOUND on what the richer string could have added here; it is published rather than estimated, because the tape cannot supply the text that would settle it.
  • eligibility: 4 of 14 admitted event(s) left the roster on the spec's own declared eligibility (minVolume 250, maxSpread 0.1, price 0.02-0.98) — by reason: price-below-floor 3, spread-too-wide 1. An ineligible market is out of the universe; a member the close could not price stays in it and is counted against κ.
  • orientation: the declared `severity` framing axis (§3.3) was re-read on this tape and took NO force [undetermined:coverage], framing 4 of 10 members and holding 0 of them NO. The declared severity axis frames 4 of 10 members (40%), under the published 50% bar, so it takes no force today and no member is flipped by it. An axis that frames a corner of the board would state a direction for members it never read. This is the spec's own invalidation condition, measured rather than assumed. The axis is re-read at every close rather than frozen into a declared side table, so a roster whose contracts resolve and are replaced is oriented by the rule this spec published rather than by one evening's reading of it (cultivation-orientation/v3).
  • orientation: because the declared `severity` axis took no force today, every member not named in `sideRules.declaredSides` and not matched by a keyword list is held on the venue's own YES framing. That reads the board's LISTING CONVENTION rather than this index's thesis, and it is the state the spec's own invalidation conditions name — published here rather than left to look like a decision the axis made.
  • no published document file was found for this spec, so the byte comparison had nothing to compare against and only the recompile legs ran. The whitepaper is compiled per request by /methodology/<slug>, which is a publication lag rather than a ledger fault — but the ABSENCE is published here, because an unsupplied optional parameter is invisible on the row and that invisibility is what let this leg go unrun.
Why there are two levels on this page

The governed close level above is divisor-chained: it tracks how the desk’s reading of this perspective has moved since 2026-08-14, and it survives a roster change because the divisor absorbs it. It is not a basket total return.

The basket total return below is a position book: it holds a fixed set of contracts from its own inception and reports what that book did, marks and settlements included. A roster change starts a new book rather than being absorbed.

They share a base of 1,000 and nothing else. Expect them to differ, and read the one that answers your question — the chained level for “where does this perspective stand”, the book for “what would holding it have done”.

spec 86aec744989e61b0 · methodology 8a41247c8cc9bb38 · closed by standing/v1 · lifecycle experimental · class standing

31.47Stale · 1 close behindLow & cooling

As of Sep 9, 2026 · last moved Sep 9, 2026 · scale 0–100 (Low supportHigh support)

10 politics markets carrying the "country" axis across polymarket, every one resolving inside six months, tracked as one composition.

Basket level · official print10 held · close 2026-09-10
906.72−9.33%since inception · base 1000

hypothetical · mid marks · before fees, spread and slippage

Basket performance

hypothetical · mid marks · before fees, spread and slippage
Basket total return
906.72
Since inception
−9.33%
Cost to cross
Holdings marked
100.0% of 10
1 day
+0.68%
7 day
−1.50%
Markets held
10
Settled
0
Rebalanced out
0
Hit rate
Cash
55.1%
Inception
2026-08-18
Weighting
Equal notional
Marks
Two-sided mid
Days tracked
20

Equal notional from each holding’s inception mark, re-marked at the two-sided mid. Percentages only, size-blind — never a cash figure and never a performance claim.

Cost to cross is the weighted half-spread at the touch on the newest mark tape: what entering at the quote rather than the midpoint would have cost. It is the price of the FIRST unit and says nothing about the tenth — the resting size beside each holding is published so a reader can judge whether their own size fits. It is not deducted from any return above.

A published measurement of what these markets did together. Not an account, not directly investable; W.E.T. never handles orders.

Holdings · 10 markets

held since 2026-08-18 · the reading above is computed over today's roster, which differs
MarketNowReturn
  • Will the U.S. invade a Latin American country in 2026?polymarket · YES · entry 12c9c−26.1%
  • Will any country leave NATO by December 31, 2026?polymarket · YES · entry 4c3c−28.9%
  • Any country withdraws from EU before 2027?polymarket · YES · entry 4c2c−37.8%
  • Will Russia invade another country in 2026?polymarket · YES · entry 6c7c+18.2%
  • Will a new country join the Abraham Accords before 2027?polymarket · YES · entry 23c6c−71.8%
  • European country agrees to give Ukraine security guarantee by December 31?polymarket · YES · entry 9c10c+5.6%
  • EU/NATO country announces peacekeeping force in Ukraine by December 31?polymarket · YES · entry 5c4c−15.6%
  • Will any country expel an Israeli ambassador by December 31?polymarket · YES · entry 16c13.0¢ spread · 136/379 within 5¢36c+129.0%
  • Will a country leave BRICS in 2026?polymarket · YES · entry 11c6c−42.3%
  • Will any country expel a U.S. ambassador by December 31?polymarket · YES · entry 13c12c−11.5%

Full basket ledger — settled outcomes, rebalance history, methodology →

Key statistics

Previous
Band
Low
18d Range
3141
Percentile
11th
10d Change
5.8
Volatility
1.2 pts/d
Streak
Markets
10
Effective N
7.2
Top Weight
15%
Venues
10 P
Method
v1

Indicative tape · 7 sessions

151 hourly readings since 2026-09-04 · not the governed close
30.031.032.033.034.035.036.037.009-04 00:0009-07 07:0009-10 13:00
Latest
32.02
Since 2026-09-04
4.74
Range
30.636.9
Readings
151

INDICATIVEHourly readings that reprice the roster and frozen weights of the last governed close — only prices moved. Each one was computed and recorded at the timestamp it carries; nothing here is reconstructed from venue history. They carry no sentinel screen, enter no ledger and join no checksum chain, and a refused hour breaks the line rather than being drawn through. The daily WET Close is the official value.

Daily close

18d published · interactive

18 published close(s) — 0–100 (Low support → High support). Drag to pan, scroll to zoom. One slot per published close, not one per day: dates on the axis are real, the spacing between them is not. 9 day(s) inside this window published no close and are not drawn at all. For the calendar-true spacing, read the chart below. Drawn as a line, not candles: a daily close carries no open, high or low, and a candle would assert an intraday range nobody observed.

History & 14-day projection

solid = 18d published · dashed = projected · shaded = 80% band
2025303540now29
Projected 14d
29.30
Change
2.20
80% band
2237
Confidence
moderate

Model extrapolation of the published series (robust trend, 18 readings, slope -0.31/day, projection σ 1.6 pts/d widened for a 18-reading sample) — a benchmark projection, not a W.E.T. forecast.

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The desk's read on today's move

Why the index moved, in the desk's words — not just the arithmetic.

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What moved today

attribution — Premium
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Which markets moved the index, and by how much

Signed contribution per constituent, ranked.

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WCOUN · at a glance

What it is
10 politics markets carrying the "country" axis across polymarket, every one resolving inside six months, tracked as one composition.
High vs low
Higher = the markets are more torn — prices across the composition sit closer to a coin flip. Lower = more decided, in EITHER direction: a basket priced at 5% and one priced at 95% both read low. A reading of market prices, not a W.E.T. forecast.
Who cares
Anyone tracking how country is being priced across venues on a composition of at least 6 markets resolving inside 200 days.

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Quote this index

free to cite with attribution + the as-of date
“As of Sep 9, 2026, the W.E.T. Country Politics Index 6mo (WCOUN) prints a WET Index Score of 31.5/100 (Low), per World Event Trading.”

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Maintained by Corbin V King. A benchmark reading of market prices — data, not advice. See the disclaimer.