Crowdtells

Pre-Market Polymarket June 25, 2026 Edited by Samuel Jo

Cap Labs token auction closes at $106M FDV, oversubscribed 5.5x

Cap FDV above $50M one day after launch?

Polymarket prices this $50M at 99%. The reporting broadly agrees.

Cap Labs' token auction closed at a $106 million fully diluted valuation, 5.5 times oversubscribed, signaling strong investor demand ahead of the token's public launch. Traders have priced the odds of the FDV exceeding $50 million at 99%, reflecting confidence that the valuation will hold after the token becomes transferable on the market.

Background

Cap Labs, a fintech platform focused on crypto asset management, announced the sale of its governance token, CAP, through a public auction. The auction resulted in a $106 million fully diluted valuation, calculated by multiplying the total token supply by the auction price, and was 5.5 times oversubscribed, indicating robust interest from institutional and retail participants. The token must be publicly tradable to count as launched, and the market will assess whether its FDV stays above $50 million one day after launch.

The precedent

Context compiled by Crowdtells from the public record — verify before relying on it.

What the coverage agrees on

  • Cap Labs' token auction closed at a $106 million FDV
  • The auction was 5.5 times oversubscribed

What to watch

The key milestone is Cap Labs' token launch; the FDV will be measured at 4 p.m. ET the day after launch, with the market set to resolve on Jan 1 2028. If the token fails to launch by Dec 31 2027, the outcome will be a "No."

The numbers behind this

Polymarket prices this $50M at 99%.

24h +1.4 pts 7d +8.3 pts

$214K traded · $55.1K in the last day · $108K resting liquidity · $83.4K open interest

Resolves on: This market will resolve to "Yes" if the Fully Diluted Valuation of Cap's governance token is greater than the value specified in the title 1 day after launch. Otherwise, the market will resolve to "No." The token must be actively, publicly transferable and tradable to be considered a launch. The FDV will be determined using the total token supply multiplied by the token price. "1 day after launch" is defined as 4:00 PM ET on the calendar day following launch. The resolution source for this market is the most liquid price source available. If Cap (https://x.com/capmoney_) doesn't launch a token by December 31, 2027, 11:59 PM ET, this market will resolve to "No".

Pricing Polymarket 99%

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Sources

Frequently asked questions

Cap FDV above $50M one day after launch?

Polymarket prices this $50M at 99%. The reporting broadly agrees.

What do the sources agree on?

Cap Labs' token auction closed at a $106 million FDV The auction was 5.5 times oversubscribed

When does this market resolve?

This market resolves on: This market will resolve to "Yes" if the Fully Diluted Valuation of Cap's governance token is greater than the value specified in the title 1 day after launch. Otherwise, the market will resolve to "No." The token must be actively, publicly transferable and tradable to be considered a launch. The FDV will be determined using the total token supply multiplied by the token price. "1 day after launch" is defined as 4:00 PM ET on the calendar day following launch. The resolution source for this market is the most liquid price source available. If Cap (https://x.com/capmoney_) doesn't launch a token by December 31, 2027, 11:59 PM ET, this market will resolve to "No".

How are these odds set?

Prediction-market odds are prices set by people trading real money on the outcome, so the price reads as the crowd’s implied probability — not a guarantee or financial advice.

AI-written briefing grounded in 3 sources and the live market, edited by Samuel Jo. Odds are crowd probabilities, not advice — how this works.