August 22, 2026
Most of the League of Legends board on Polymarket right now looks like a wall of ones and zeros. Snapshot after snapshot: 100% / 0.1%, 100% / 0.1%, 100% / 0.1%. Settled or effectively settled, with the price doing nothing but waiting for resolution.
Then there's one line that isn't: JD Gaming vs Top Esports (BO3) — LPL Group Ascend, sitting at 88% / 12%. That single unresolved number, parked next to a map market that has already snapped, is the most informative thing on the board — because it lets you do arithmetic that's usually impossible. This polymarket analysis walks through that arithmetic and what the surrounding settled books tell us about how depth behaves after a market stops being a market.
Here's the observed snapshot across the LoL markets carrying real volume: