This market focuses on the extinction risk of the Ryukyuan Pygmy Squid, a newly discovered species that is not evaluated by the IUCN yet. Extinction is defined as the death of the last individual, including wild and captive animals. The market will resolve YES, if the species is declared Extinct by the IUCN by 2100, or earlier. It will also resolve YES, if there is other strong evidence in 2100 that the population is extinct. The market will resolve NO, if there is strong evidence in 2100, that the Ryukyuan Pygmy Squid persists.

For more information about the species, see:

https://www.oist.jp/news-center/news/2023/10/24/tiny-spirits-roam-corals-japan-two-new-pygmy-squids-discovered

For comparison, here the market about the wild extinction risk of the species: