W.E.T. Fragmentation Index
v2.0How far apart the venues are on the same question — the 5c(c) problem, indexed.
index level · base 100 (moving to 1,000 — consultation closes 2026-08-27) · WET Close 2026-09-22 · 38 days settled · 53 of 53 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- WET Close
- 1.33
- Basis
- direct print
- Since inception
- −0.95pts
- 1 day
- −0.38pts
- Constituents
- 40
- Settled
- 0
- Single venue
- 0
- Provisional
- 53
- Inception
- 2026-08-07
- Weighting
- equal
- Marks
- Consolidated mid
- Days tracked
- 38
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.
WETFRAG publishes 40 of the 53 constituents its 2026-09-22 level was computed over — the first 40 the settlement recorded, not a ranked selection, so these are not necessarily the largest. The remainder is real and priced but not written to the settlement row: a full daily roster at this width would be tens of megabytes a year. These holdings are a window on the index, not the index — figures computed from them alone would not reproduce the published level.
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 · 40 markets
the settled composition · live marks are in the level above- BTC ≥ $80,000 on 2026-09-25gemini + kalshi + polymarket · close 98%not yet markedgemini + kalshi + polymarket98%——2.5%Gemini Predictions ↗
- BTC ≥ $82,000 on 2026-09-25gemini + kalshi + polymarket · close 93%not yet markedgemini + kalshi + polymarket93%——2.5%Gemini Predictions ↗
- BTC ≥ $84,000 on 2026-09-25gemini + kalshi + polymarket · close 80%not yet markedgemini + kalshi + polymarket80%——2.5%Gemini Predictions ↗
- BTC ≥ $86,000 on 2026-09-25gemini + kalshi + polymarket · close 54%not yet markedgemini + kalshi + polymarket54%——2.5%Gemini Predictions ↗
- BTC ≥ $88,000 on 2026-09-25gemini + kalshi + polymarket · close 26%not yet markedgemini + kalshi + polymarket26%——2.5%Gemini Predictions ↗
- BTC ≥ $90,000 on 2026-09-25kalshi + polymarket · close 11%not yet markedkalshi + polymarket11%——2.5%Kalshi ↗
- XRP ≥ $1.4 on 2026-09-25gemini + kalshi + polymarket · close 95%not yet markedgemini + kalshi + polymarket95%——2.5%Gemini Predictions ↗
- XRP ≥ $1.5 on 2026-09-25gemini + kalshi + polymarket · close 77%not yet markedgemini + kalshi + polymarket77%——2.5%Gemini Predictions ↗
- XRP ≥ $1.6 on 2026-09-25gemini + kalshi + polymarket · close 40%not yet markedgemini + kalshi + polymarket40%——2.5%Gemini Predictions ↗
- XRP ≥ $1.7 on 2026-09-25kalshi + polymarket · close 16%not yet markedkalshi + polymarket16%——2.5%Kalshi ↗
- ETH ≥ $2,500 on 2026-09-25kalshi + polymarket · close 98%not yet markedkalshi + polymarket98%——2.5%Kalshi ↗
- ETH ≥ $2,600 on 2026-09-25gemini + polymarket · close 90%not yet markedgemini + polymarket90%——2.5%Gemini Predictions ↗
- ETH ≥ $2,700 on 2026-09-25kalshi + polymarket · close 67%not yet markedkalshi + polymarket67%——2.5%Kalshi ↗
- ETH ≥ $2,800 on 2026-09-25gemini + polymarket · close 32%not yet markedgemini + polymarket32%——2.5%Gemini Predictions ↗
- ETH ≥ $2,900 on 2026-09-25kalshi + polymarket · close 12%not yet markedkalshi + polymarket12%——2.5%Kalshi ↗
- SOL ≥ $110 on 2026-09-25gemini + kalshi + polymarket · close 89%not yet markedgemini + kalshi + polymarket89%——2.5%Gemini Predictions ↗
- SOL ≥ $115 on 2026-09-25gemini + kalshi + polymarket · close 67%not yet markedgemini + kalshi + polymarket67%——2.5%Gemini Predictions ↗
- SOL ≥ $120 on 2026-09-25gemini + kalshi + polymarket · close 37%not yet markedgemini + kalshi + polymarket37%——2.5%Gemini Predictions ↗
- SOL ≥ $125 on 2026-09-25kalshi + polymarket · close 17%not yet markedkalshi + polymarket17%——2.5%Kalshi ↗
- BTC ≥ $88,500 on 2026-09-25gemini + kalshi · close 22%not yet markedgemini + kalshi22%——2.5%Gemini Predictions ↗
- BTC ≥ $87,500 on 2026-09-25gemini + kalshi · close 33%not yet markedgemini + kalshi33%——2.5%Gemini Predictions ↗
- BTC ≥ $87,000 on 2026-09-25gemini + kalshi · close 40%not yet markedgemini + kalshi40%——2.5%Gemini Predictions ↗
- BTC ≥ $86,500 on 2026-09-25gemini + kalshi · close 47%not yet markedgemini + kalshi47%——2.5%Gemini Predictions ↗
- BTC ≥ $85,500 on 2026-09-25gemini + kalshi · close 62%not yet markedgemini + kalshi62%——2.5%Gemini Predictions ↗
- BTC ≥ $85,000 on 2026-09-25gemini + kalshi · close 69%not yet markedgemini + kalshi69%——2.5%Gemini Predictions ↗
- BTC ≥ $84,500 on 2026-09-25gemini + kalshi · close 75%not yet markedgemini + kalshi75%——2.5%Gemini Predictions ↗
- BTC ≥ $83,500 on 2026-09-25gemini + kalshi · close 85%not yet markedgemini + kalshi85%——2.5%Gemini Predictions ↗
- BTC ≥ $83,000 on 2026-09-25gemini + kalshi · close 88%not yet markedgemini + kalshi88%——2.5%Gemini Predictions ↗
- BTC ≥ $82,500 on 2026-09-25gemini + kalshi · close 90%not yet markedgemini + kalshi90%——2.5%Gemini Predictions ↗
- BTC ≥ $81,500 on 2026-09-25gemini + kalshi · close 95%not yet markedgemini + kalshi95%——2.5%Gemini Predictions ↗
- BTC ≥ $81,000 on 2026-09-25gemini + kalshi · close 96%not yet markedgemini + kalshi96%——2.5%Gemini Predictions ↗
- BTC ≥ $80,500 on 2026-09-25gemini + kalshi · close 97%not yet markedgemini + kalshi97%——2.5%Gemini Predictions ↗
- XRP ≥ $1.64 on 2026-09-25gemini + kalshi · close 26%not yet markedgemini + kalshi26%——2.5%Gemini Predictions ↗
- XRP ≥ $1.58 on 2026-09-25gemini + kalshi · close 47%not yet markedgemini + kalshi47%——2.5%Gemini Predictions ↗
- XRP ≥ $1.56 on 2026-09-25gemini + kalshi · close 55%not yet markedgemini + kalshi55%——2.5%Gemini Predictions ↗
- XRP ≥ $1.54 on 2026-09-25gemini + kalshi · close 63%not yet markedgemini + kalshi63%——2.5%Gemini Predictions ↗
- XRP ≥ $1.52 on 2026-09-25gemini + kalshi · close 70%not yet markedgemini + kalshi70%——2.5%Gemini Predictions ↗
- XRP ≥ $1.48 on 2026-09-25gemini + kalshi · close 82%not yet markedgemini + kalshi82%——2.5%Gemini Predictions ↗
- XRP ≥ $1.44 on 2026-09-25gemini + kalshi · close 91%not yet markedgemini + kalshi91%——2.5%Gemini Predictions ↗
- XRP ≥ $1.42 on 2026-09-25gemini + kalshi · close 94%not yet markedgemini + kalshi94%——2.5%Gemini Predictions ↗
Quote this benchmark
Settled close only · never the indicative levelAttribution is required and is not removable. Free to embed and quote, commercially included, on one condition: the attribution link stays. It is rendered inside the frame and repeated as a visible link in the snippet below — removing, hiding or rewriting either one ends the permission.
Your benchmark, wherever you publish.Actual embed
Paste both lines. The visible link is the citation — a cross-origin frame contributes nothing to your page's markup.
<iframe src="https://www.worldeventtrading.com/embed/benchmark/wetfrag" width="420" height="215" style="border:0;max-width:100%" loading="lazy" title="WETFRAG — W.E.T. Fragmentation Index, a governed benchmark by World Event Trading"></iframe>
<p style="font:13px/1.4 sans-serif;margin:6px 0 0">WETFRAG via <a href="https://www.worldeventtrading.com/indices/wetfrag?utm_source=wet-embed&utm_medium=attribution&utm_content=wetfrag">World Event Trading</a></p>oEmbed-aware editors expand this into the card automatically, attribution included.
https://www.worldeventtrading.com/indices/wetfragReturns the standard rich payload. Add &format=xml for the XML shape.
https://www.worldeventtrading.com/api/oembed/benchmark?url=https%3A%2F%2Fwww.worldeventtrading.com%2Findices%2Fwetfrag&format=jsonA 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.