Polymarket vs. Kalshi
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See where the two biggest prediction markets disagree. Pick any two markets, or start from the biggest gaps below: prices, volume, history and the resolution rules, side by side.
Will James Talarico win the 2028 Democratic presidential nomination?
Vol $137K today · $11.9M total
Will the Democratic party win the Presidency in 2032?
Vol $202 today · $388 total
Kalshi is 47 points higher than Polymarket (50% vs 3%). Polymarket trades about 680× more volume today, so its price has more money behind it. They resolve on different dates (Nov 8 vs Nov 2), so they may not be exactly the same bet.
History starts when we first saw each market, so a newly added market has a short line.
| Polymarket | Kalshi | |
|---|---|---|
| Probability (Yes) | 3% | 50% |
| Change (24h) | +0.7 pt | +0.5 pt |
| Volume today | $137K | $202 |
| Total volume | $11.9M | $388 |
| Liquidity | $615.8K | — |
| Open interest | — | $265 |
| Resolves | 24mo | 85mo |
| Tracked for | 27 days | 27 days |
Resolution rules: read both before trusting a gap
Polymarket
This market will resolve to “Yes” if the named individual wins and accepts the 2028 nomination of the Democratic Party for U.S. president. Otherwise, this market will resolve to “No”. The resolution source for this market will be a consensus of official Democratic Party sources. Any replacement of the democratic nominee before election day will not change the resolution of the market.
Kalshi
If a representative of the Democratic party is inaugurated as President for the term beginning January 20, 2033, then the market resolves to Yes.
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Informational only — not financial advice. Odds are mirrored from each platform and may lag the live order book.