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%

BETA
Dashboards
Tour
All
Politics
California Recall Election Reform Proposition
⌛Ending Soon
polymarket

Will California's Proposition 5 pass on November 3, 2026?

Jul 1, 2026, 6:34 PM EST - Nov 3, 2026, 11:59 PM EST
Total volume:
$954
Volume 24h:
$0N/A
Liquidity:
$88
68%
Open interest:
$280N/A

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

California Recall Election Reform Proposition

30%chance
Amount

$

Trade on
polymarket

Trade on Polymarket

At 48¢ buys you 208 shares | Odds: 30% Total Payout: $208 | Net Profit: $108 Multiplier: 2.08x | ROI: 108% APY not meaningful Low liquidity
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
polymarket

California Recall Election Reform Proposition

Trade
30%
Yes 48¢No 89¢
37¢
$88
$954
0%
6%
N/A
1d 1h 31m
Active
Total markets: 1

Description

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/).

Polymarket

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/).

Frequently asked questions

On Polymarket, the dashboard for the California recall election tracks the current odds of the proposition passing or failing, represented as a percentage chance. It also displays the price history of the market, allowing users to see how sentiment has shifted over time. The 24-hour trading volume, currently $6, indicates the level of recent activity and interest in this market. Total volume traded to date is $954, showing the overall investment in predicting the outcome of the California recall election. This provides a real-time view of where the crowd stands.

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.