TOTAL VOLUME:
$134.2b
24H VOL:
$134,145,987
24H TRANSACTIONS:
2,388,728,490
OPEN INTEREST:
$1,441,166,947
406,422
Markets across
30,383
events
MATCHED EVENTS:
2,688
PLATFORM COVERAGE:
5
Polymarket:
39%
VS.
Kalshi:
61%
Closed: Aug 9, 5:31 AM EST
Polymarket
This market will resolve according to the candidate who wins the nomination for the Democratic Party to contest the election for Governor of Hawaii in the 2026 midterm elections. The Democratic primary will take place on August 8, 2026. If no nominee is announced by November 3, 2026, 11:59PM ET, this market will resolve to "Other". The resolution source for this market will be a consensus of official Democrat sources, including https://democrats.org/. Any replacement of the nominee before election day will not change the resolution of the market.
This market will resolve according to the candidate who wins the nomination for the Democratic Party to contest the election for Governor of Hawaii in the 2026 midterm elections. The Democratic primary will take place on August 8, 2026. If no nominee is announced by November 3, 2026, 11:59PM ET, this market will resolve to "Other". The resolution source for this market will be a consensus of official Democrat sources, including https://democrats.org/. Any replacement of the nominee before election day will not change the resolution of the market.
Prediction market odds and traditional polls often diverge because they measure different things. Polls capture voter preference at a single moment, while this market reflects traders' beliefs about the actual outcome, incorporating polls, campaign momentum, fundraising, and insider knowledge. Markets tend to weight recent events and late-breaking news more heavily than polls do. Over time, prediction markets have historically outperformed polling averages in close races, though both tools remain imperfect. Comparing the two can reveal where traders see opportunities or risks that public surveys may have missed.
On Polymarket, this market is priced through an automated market maker that adjusts odds based on order flow and trading volume. On Polymarket, prices reflect that venue's order book, liquidity, and how traders price the outcome right now. Each candidate's contract trades as a separate share, and the price of each share represents the implied probability of that candidate winning the primary. As traders buy shares in a candidate they favor, that candidate's price rises and others fall, keeping the total probability near 100 percent. The system rewards accurate predictions and punishes poor ones, creating strong incentives for informed trading and price discovery.
This market resolves around Aug 8, 2026, after the Hawaii Democratic gubernatorial primary election takes place. The outcome is determined by identifying which candidate wins the primary contest, verified against credible public reporting and official election results. Once the winner is confirmed, the winning candidate's shares are worth the full payout and all other shares expire worthless. Traders holding the correct prediction receive their winnings proportional to their stake, while incorrect positions result in a total loss.
Major catalysts include candidate endorsements from prominent state or national figures, campaign finance disclosures showing fundraising strength, debate performances, and shifts in public polling. Unexpected candidate withdrawals or entries can dramatically reshape odds. Local economic news, scandals, or gaffes involving any candidate may trigger sharp repricing. National political developments and shifts in voter turnout expectations also influence trader sentiment. Media coverage and grassroots momentum in Hawaii can move prices rapidly, especially as the primary date approaches and early voting begins. Real-time tracking of these signals helps traders stay ahead of market moves.