TOTAL VOLUME:

$142.4b

24H VOL:

$104,871,197

24H TRANSACTIONS:

2,643,541,936

OPEN INTEREST:

$1,592,701,755

469,827

Markets across

35,657

events

MATCHED EVENTS:

2,899

PLATFORM COVERAGE:

5

Polymarket:

38%

VS.

Kalshi:

62%

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Elections
2028 Presidential Election winner? (Party)
kalshi

2028 Presidential Election winner? (Party)

Nov 6, 2024, 10:00 AM EST - Jan 21, 2029, 10:00 AM EST
Total volume:
$597,138
Volume 24h:
$2,503
3,355%
Liquidity:
N/AN/A
Open interest:
$273,756
0.88%

Democratic party

 - Kalshi

Democratic party - Kalshi

1W

News

Positive

Negative

Neutral

Hover marker for details

Vol.

·

Resolves Jan 21, 2029

Will Democratic win the Presidency in 2028?

59%chance
Amount

$

Trade on
kalshi

Trade on Kalshi

Join Kalshi and score $25 for your first trade.At 59¢ buys you 169 shares | Odds: 59% Total Payout: $169 | Net Profit: $69 Multiplier: 1.69x | ROI: 69% | APY: 26% 829 days to resolution
You will be redirected to the platform to complete this trade.
Outcome
Trade
Chance %
Price
Spread
Liquidity
Volume
24h
7d
Open Interest
Ends in
Result
kalshi

Democratic party

Trade
59%
Yes 59¢No 42¢
1¢
N/A
$271,511
0.07%
0.35%
$113,218
2y 3mo 1w
active
kalshi

Republican party

42%
Yes 42¢No 59¢
1¢
N/A
$325,627
0.72%
0.88%
$160,538
2y 3mo 1w
active
Total markets: 2

Intro

This market tracks which political party will win the 2028 U.S. Presidential election. Currently, Kalshi gives a 58.0% probability to a Democratic win, and a 41.0% probability to a Republican win. The market resolves based on whether a representative of the Republican party is inaugurated as President on January 20, 2029, as determined by the inauguration itself. Traders should particularly watch the results of the Super Tuesday primaries on March 5, 2028, as these will likely provide a clearer picture of each party’s frontrunner.

Kalshi

If a representative of the Democratic party is inaugurated as President for the term beginning January 20, 2029, then the market resolves to Yes. If a representative of the Republican party is inaugurated as President for the term beginning January 20, 2029, then the market resolves to Yes.

Frequently asked questions

On Kalshi, the dashboard for the 2028 presidential election market tracks the current odds of each party winning the presidency, along with a price history showing how those odds have changed over time. You can also see the 24-hour trading volume, which is currently $2,486, and the total volume traded to date, which is $597,138. This provides a clear view of market sentiment and activity surrounding the election. The top outcome currently favored by traders is a win for the Democratic party, with a chance of 59.0%.

Currently, prediction market odds offer a distinct perspective compared to traditional polling averages. While polls attempt to capture a snapshot of voter intentions at a given moment, this market reflects what individuals are willing to *stake* on those outcomes. Historically, prediction markets have often been more accurate than polls in forecasting election results, as they aggregate diverse information and incentivize informed participation. Any discrepancies between this market and polls may indicate differing beliefs about voter turnout, the impact of third-party candidates, or unforeseen events influencing the race.

This market resolves around Jan 21, 2029, with the outcome confirmed once the event is verifiable from credible public reporting. Resolution will be determined by the party of the candidate who wins the 2028 United States presidential election, as verified by official election results. The market will settle to 100 for the winning party and 0 for all others. The resolution process relies on widely accepted and publicly available data to ensure accuracy and transparency, reflecting the official outcome of the election.

Numerous signals and events could significantly impact this market between now and Jan 21, 2029. Major economic shifts, unexpected geopolitical events, significant candidate announcements (such as running mates or policy platforms), and shifts in public opinion revealed by polling data all have the potential to alter trading activity. A major scandal involving a leading candidate, a surprising debate performance, or a substantial change in the political landscape could all lead to rapid price movements in this market. The evolving dynamics of the election cycle will be closely watched by traders.