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Kalshi Prediction Markets

Top markets by 24-hour trading volume, biggest gainers, and biggest losers. Filter by category. CFTC-regulated — legal in all 50 states.

How to Read Kalshi Prices

Price = ProbabilityA Yes price of 72¢ means the market implies a 72% chance the event happens.
Payout = $1Every contract pays exactly $1 if it resolves Yes — or $0 if it resolves No.
Volume = ConfidenceHigher 24h volume means more traders are active. Thin volume = wider spreads.

What Kalshi Market Categories Mean

Politics — Elections, Congress, executive orders, Supreme Court rulings, and foreign policy events.
Economics — Fed rate decisions, CPI, GDP, jobs reports, and recession probability markets.
Crypto — Bitcoin price targets, ETF approval odds, and altcoin markets.
Climate — Temperature records, extreme weather events, and energy market contracts.
Tech — AI company milestones, product launches, and earnings-adjacent markets.
Sports — Championship odds, game outcomes, and player milestones on the regulated exchange.

Kalshi FAQ

What is Kalshi?

Kalshi is a CFTC-regulated prediction market platform in the United States. Traders buy and sell contracts on future events — politics, economics, weather, sports, and more. Prices reflect market-implied probabilities (0–99¢ per $1 payout).

Is Kalshi legal in the US?

Yes. Kalshi is regulated by the CFTC and is legal for US residents in all 50 states. It is the largest regulated prediction market exchange in the United States.

How do Kalshi prices work?

Kalshi contracts trade in cents. A Yes price of 72¢ means the market implies a 72% probability that the event happens. If it does, the contract pays $1. If not, it expires at $0.

What markets does Kalshi offer?

Kalshi offers markets across politics, economics, crypto, technology, climate, sports, and more. New markets are added regularly around breaking news and scheduled events.

What do the Biggest Gainers and Losers sections show?

Gainers are markets where the Yes probability rose the most in the past 24 hours — a signal that new information or money is moving in. Losers dropped the most. Both sections require at least $500 in 24h volume to filter out thin, illiquid markets.

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