W.E.T. Fragmentation Index
v2.0How far apart the venues are on the same question — the 5c(c) problem, indexed.
WET Close 2026-08-12 · 6 days settled · 6 of 11 constituents provisional
Benchmark status, logic & track record →Published methodology v2.0 →Governance & restatement policy →Settlement history (JSON) →
settled under published methodology · checksum-chained
Basket performance
hypothetical · mid marks · before fees, spread and slippage- Level
- 1.30
- Basis
- direct print
- Since inception
- −0.98pts
- 1 day
- +0.03pts
- Constituents
- 11
- Marked
- 0/11
- Settled
- 0
- Single venue
- 0
- Provisional
- 6
- Inception
- 2026-08-07
- Weighting
- equal
- Marks
- Consolidated mid
- Days tracked
- 6
The mean absolute cross-venue price gap, in probability points ×100, published directly — no divisor, no chaining, no inception base. A percent change of a dispersion statistic is not a return, so only the absolute move is published.
Equal-weighted. A fragmentation reading asks how far apart venues are on a typical question, so weighting by liquidity would let the deepest handful of markets speak for the whole category.
Live level: WETFRAG measures the mean cross-venue price GAP, which needs a full consolidation pass over every venue quoting each question. Single-venue marks cannot produce it — a gap computed from one venue is not a gap — so the holdings below carry live marks while the index level does not.
A benchmark reading of prediction-market prices. The holdings below are the composition the published close was computed over, priced at the mid, before fees, spread and slippage. W.E.T. is not an exchange and never handles orders — every holding links to the venue that lists it. The index is not directly investable. Data, not advice.
Holdings · 11 markets
the settled composition · live marks are in the level above- ETH ≥ $6,000 on 2027-01-01kalshi + polymarket · close 3%not yet markedkalshi + polymarket3%——9.1%Kalshi ↗
- ETH ≥ $5,000 on 2027-01-01kalshi + polymarket · close 4%not yet markedkalshi + polymarket4%——9.1%Kalshi ↗
- ETH ≥ $4,500 on 2027-01-01kalshi + polymarket · close 5%not yet markedkalshi + polymarket5%——9.1%Kalshi ↗
- ETH ≥ $4,000 on 2027-01-01kalshi + polymarket · close 7%not yet markedkalshi + polymarket7%——9.1%Kalshi ↗
- ETH ≥ $3,500 on 2027-01-01kalshi + polymarket · close 11%not yet markedkalshi + polymarket11%——9.1%Kalshi ↗
- BTC ≥ $60,000 on 2026-08-14kalshi + polymarket · close 98%not yet markedkalshi + polymarket98%——9.1%Kalshi ↗
- BTC ≥ $62,000 on 2026-08-14kalshi + polymarket · close 88%not yet markedkalshi + polymarket88%——9.1%Kalshi ↗
- BTC ≥ $64,000 on 2026-08-14kalshi + polymarket · close 31%not yet markedkalshi + polymarket31%——9.1%Kalshi ↗
- BTC ≥ $66,000 on 2026-08-14kalshi + polymarket · close 4%not yet markedkalshi + polymarket4%——9.1%Kalshi ↗
- BTC ≥ $68,000 on 2026-08-14kalshi + polymarket · close 1%not yet markedkalshi + polymarket1%——9.1%Kalshi ↗
- ETH ≥ $1,900 on 2026-08-14kalshi + polymarket · close 35%not yet markedkalshi + polymarket35%——9.1%Kalshi ↗
A governed benchmark reading of prediction-market prices — free to quote with attribution and the “as of” date. Not a W.E.T. forecast, not advice, and never a performance claim. Any basket shown above is hypothetical, marked at mid, before fees, spread and slippage.