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 Gavin Newsom and Alexandria Ocasio-Cortez be the 2028 Democratic Presidential ticket?
Vol $19 today · $21.1K total
Will Alexandria Ocasio-Cortez win the 2028 Democratic presidential nomination?
Vol $4.9K today · $15.5M total
Polymarket is 8 points higher than Kalshi (17% vs 8%). Polymarket trades about 253.8× more volume today, so its price has more money behind it.
History starts when we first saw each market, so a newly added market has a short line.
| Kalshi | Polymarket | |
|---|---|---|
| Probability (Yes) | 8% | 17% |
| Change (24h) | +0.1 pt | -0.1 pt |
| Volume today | $19 | $4.9K |
| Total volume | $21.1K | $15.5M |
| Liquidity | — | $333.8K |
| Open interest | $10.5K | — |
| Resolves | 25mo | 25mo |
| Tracked for | 9 days | 9 days |
Resolution rules: read both before trusting a gap
Kalshi
If the Democratic presidential nominee is Gavin Newsom AND the Democratic vice presidential nominee is Alexandria Ocasio-Cortez in the 2028 presidential election, then the market resolves to Yes.
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.
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Informational only — not financial advice. Odds are mirrored from each platform and may lag the live order book.