TOTAL VOLUME:
$154.6b
24H VOL:
$323,326,361
24H TRANSACTIONS:
2,984,640,614
OPEN INTEREST:
$1,969,435,260
419,363
Markets across
40,411
events
MATCHED EVENTS:
4,612
PLATFORM COVERAGE:
5
Polymarket:
37%
VS.
Kalshi:
63%
California Recall Election Reform Proposition
- Polymarket
California Recall Election Reform Proposition - Polymarket
1W
News
Positive
Negative
Neutral
Hover marker for details
Vol.
·
Resolves Nov 3, 2026
Time left: 01d:01h:31m
$
Proposition 5 is a California ballot measure currently scheduled for voting on November 3, 2026. It would eliminate the election to pick a successor immediately after a recall. This market will resolve to “Yes” if the specified ballot measure is approved by a majority of voters at the California statewide general election currently scheduled for November 3, 2026. Otherwise, this market will resolve to “No.” If voting on the specified ballot measure does not occur, or the results thereof are not known definitively, by March 31, 2027, this market will resolve to “No”. This market will resolve based on a consensus of credible reporting. If there is ambiguity, this market will resolve solely based on official information from the State of California, including the California Secretary of State (https://www.sos.ca.gov/).
Proposition 5 is a California ballot measure currently scheduled for voting on November 3, 2026. It would eliminate the election to pick a successor immediately after a recall. This market will resolve to “Yes” if the specified ballot measure is approved by a majority of voters at the California statewide general election currently scheduled for November 3, 2026. Otherwise, this market will resolve to “No.” If voting on the specified ballot measure does not occur, or the results thereof are not known definitively, by March 31, 2027, this market will resolve to “No”. This market will resolve based on a consensus of credible reporting. If there is ambiguity, this market will resolve solely based on official information from the State of California, including the California Secretary of State (https://www.sos.ca.gov/).
On Polymarket, this market is priced through a continuous auction mechanism. Traders buy and sell shares representing their belief in whether the California recall election reform proposition will pass. The price of these shares fluctuates based on supply and demand, directly reflecting the collective prediction of market participants. On Polymarket, prices reflect that venue's order book, liquidity, and how traders price the outcome right now. The current price indicates the probability that the proposition will be successful, with higher prices suggesting greater confidence in a 'yes' vote. This dynamic pricing allows for a constantly updated assessment of the potential outcome.
This market resolves around Nov 4, 2026, with the outcome confirmed once the event is verifiable from credible public reporting. Resolution will be based on the official results certified by the relevant election authorities in California. The market will reflect whether the California recall election reform proposition passed or failed according to these official results. The final price of shares in this market will then reflect the accuracy of the collective prediction made by traders on Polymarket.
Several factors could significantly influence this market before resolution. Major endorsements or criticisms from prominent political figures could shift sentiment. Unexpected news regarding voter turnout, or challenges to the ballot initiative, would also likely cause price fluctuations. Additionally, any significant shifts in public opinion as measured by new polling data could impact trading activity. Finally, any legal challenges to the proposition’s validity could introduce uncertainty and volatility into this market, potentially leading to substantial price movements.