PolymarketMarket Grades by Belief SystemsBeta← All Market Grades

Will Gretchen Whitmer win the 2028 Democratic presidential nomination?

As of 2026-10-22 · observations 2026-09-22 to 2026-10-22

Market Grades are in beta. Grades are live, and the methodology is being validated in public on a published schedule. Validation roadmap ↗

Grade of record

grade pending

Grade pending · evidence accruing

We are collecting observations for this market. Grades will be published after the required launch checks are complete.

Market Grades measure market quality – liquidity, integrity – not the likelihood of any outcome.

as of 2026-10-22

Liquidity and integrity

Liquidity

Trading depth, execution costs, and consistency.

Publishes its letter with the grade of record.

Integrity

Trading participation and the consistency of buy and sell quotes.

A screen for concentrated trading and disrupted books, not proof against manipulation. Distinct wallets do not establish distinct owners.

Publishes its letter with the grade of record.

Liquidity and integrity grades update daily using observations from the same 30-day window. Changes to the overall market grade are announced separately.

Market status
Active
Review
No review in progress
Data status
pending
Trading evidence
Moderate trading activity
Data observed
full · 100%

Evidence and latest action

Trading evidence and grade limits

No letter of record. Grade limits publish with the letter.

Latest action

Review closedon overall measured quality2026-10-04 · confirmed

Full action record ↓

Rating actions

Permanent. Superseded and corrected actions stay on the record.

2026-10-04
Review closedon overall measured quality
Why this action happened

The recorded trigger was a change in the combined liquidity and integrity assessment.

Review dates and technical record
Review began 2026-10-03 · observations through 2026-10-04Took effect 2026-10-04 · published 2026-10-04Action identifier for API lookup: polymarket:0xe39adea057926dc197fe30a441f57a340b2a232d5a687010f78bba9b6e02620f:1:8
confirmed
2026-10-04
Downgradeon overall measured quality
Why this action happened

The recorded trigger was a change in the combined liquidity and integrity assessment.

Review dates and technical record
Review began 2026-10-03 · observations through 2026-10-04Took effect 2026-10-04 · published 2026-10-04Action identifier for API lookup: polymarket:0xe39adea057926dc197fe30a441f57a340b2a232d5a687010f78bba9b6e02620f:1:7
confirmed
2026-10-03
Review openedon overall measured quality
Why this action happened

The recorded trigger was a change in the combined liquidity and integrity assessment. A Watch opens a review; it does not itself change the grade.

Review dates and technical record
Review began 2026-10-03 · observations through 2026-10-03Took effect 2026-10-03 · published 2026-10-03Action identifier for API lookup: polymarket:0xe39adea057926dc197fe30a441f57a340b2a232d5a687010f78bba9b6e02620f:1:6
pending
2026-09-24
Review closedon overall measured quality
Why this action happened

The recorded trigger was a change in the combined liquidity and integrity assessment.

Review dates and technical record
Review began 2026-09-23 · observations through 2026-09-24Took effect 2026-09-24 · published 2026-09-24Action identifier for API lookup: polymarket:0xe39adea057926dc197fe30a441f57a340b2a232d5a687010f78bba9b6e02620f:1:4
confirmed
2026-09-24
Downgradeon overall measured quality
Why this action happened

The recorded trigger was a change in the combined liquidity and integrity assessment.

Review dates and technical record
Review began 2026-09-23 · observations through 2026-09-24Took effect 2026-09-24 · published 2026-09-24Action identifier for API lookup: polymarket:0xe39adea057926dc197fe30a441f57a340b2a232d5a687010f78bba9b6e02620f:1:3
confirmed
Show all 7 actions
2026-09-23
Review openedon overall measured quality
Why this action happened

The recorded trigger was a change in the combined liquidity and integrity assessment. A Watch opens a review; it does not itself change the grade.

Review dates and technical record
Review began 2026-09-23 · observations through 2026-09-23Took effect 2026-09-23 · published 2026-09-23Action identifier for API lookup: polymarket:0xe39adea057926dc197fe30a441f57a340b2a232d5a687010f78bba9b6e02620f:1:2
pending
2026-09-17
grade establishedon a change in market status
Why this action happened

The market’s grading status changed under the methodology’s lifecycle rules.

Review dates and technical record
Review start not recorded · observations through 2026-09-17Took effect 2026-09-17 · published 2026-09-17Action identifier for API lookup: polymarket:0xe39adea057926dc197fe30a441f57a340b2a232d5a687010f78bba9b6e02620f:1:1
confirmed

History

Published grades over time · changes marked

No history yet. The chart opens once this market has more than one published grade of record.

Coverage distribution

835 markets under coverage · as of 2026-10-22

Grades use fixed criteria. A market’s grade does not depend on how other markets are graded.

A+
A
A-
B+
B
B-
C+
C
C-
D
F
NR
A – 0%
B – 0%
C – 0%
D – 0%
F – 0%
NR – 100%

No market carries a letter yet. The ladder and what each rung means are fixed in advance of the first grade.

The ladder is fixed – an A means the same capability in every period and on every venue. A plus or minus marks position within a band, not a different meaning. Not Rated sits off the ladder: it is a refusal to opine, not a low grade.

What each rung means
BandWhat it means
AVery strong measured market quality overall. Liquidity, integrity, and any grade limits are reported separately.
BStrong measured market quality overall. Liquidity, integrity, and any grade limits are reported separately.
CModerate measured market quality overall. Liquidity, integrity, and any grade limits are reported separately.
DWeak measured market quality overall. Liquidity, integrity, and any grade limits are reported separately.
FVery weak measured market quality overall. Liquidity, integrity, and any grade limits are reported separately.
NRNo opinion is offered on these markets. Not Rated is a refusal to opine, and never a position on the ladder.

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grade pending

Market Grades by Belief Systems

Will Gretchen Whitmer win the 2028 Democratic presidential nomination?

Market Grade pending (evidence accruing; letters publish at launch)

Episode
polymarket:0xe39adea057926dc197fe30a441f57a340b2a232d5a687010f78bba9b6e02620f:1
Flags
none
Lifecycle
Active
Data status
pending
Review
no Watch
Trading evidence
Moderate trading activity (T1) · grade limits publish with the letter
Book coverage
full · 100%
As of
2026-10-22 · window 2026-09-22 to 2026-10-22
Versions
mg-1.2 / mg-cal-1.0
Permalink
https://beliefsystems.xyz/grades/polymarket/0xe39adea057926dc197fe30a441f57a340b2a232d5a687010f78bba9b6e02620f

Market Grades measure market quality – liquidity, integrity – not the likelihood of any outcome.

Market Grades are unsolicited: no graded party requests, pays for, or previews a grade. Belief Systems holds no positions in graded markets.

A grade is not a recommendation to buy, sell, or hold any position, and is not a substitute for a user's own assessment.

Technical record and methodologyData coverage, grading rules, and identifiers for verification

Grade status

Market status
ActiveGrade of record, reviewed daily.
Watch
none
Data status
CurrentThe grade is computed on observations that met the coverage threshold.
Grade limits
pending
Trading evidence
Moderate trading activityAPI category: T1Trading activity met the middle evidence threshold over the observation period. A B+ grade limit applies in the calculation.
Grade since
n/a

Observation record

Data observed
full · 100%
Observed days
30 / 30
Observation period
2026-09-22 to 2026-10-22
Observation began
2026-08-18
Last complete observations
2026-10-22
Data check codes
Codes identify checks that affected publication. Use these when comparing this record with the API.none

Identifiers and versions

Market record identifier
polymarket:0xe39adea057926dc197fe30a441f57a340b2a232d5a687010f78bba9b6e02620f:1Identifies this version of the market question. A material question change starts a separate record.
Venue
Polymarket
Market id
0xe39adea057926dc197fe30a441f57a340b2a232d5a687010f78bba9b6e02620fThe venue's own identifier for this market; unique within the venue.
Correction version
0
Calculation status
candidate
Last confirmed action
View the last confirmed action
Methodology
mg-1.2
Calibration version
mg-cal-1.0

The covered universe

LetterMarketsShare
A+00.0%
A00.0%
A-00.0%
B+00.0%
B00.0%
B-00.0%
C+00.0%
C00.0%
C-00.0%
D00.0%
F00.0%
NR835100.0%

Disclosures

Market Grades measure market quality – liquidity, integrity – not the likelihood of any outcome.

Market Grades are unsolicited: no graded party requests, pays for, or previews a grade. Belief Systems holds no positions in graded markets.

A grade is not a recommendation to buy, sell, or hold any position, and is not a substitute for a user's own assessment.