TOTAL VOLUME:
$134.2b
24H VOL:
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2,388,728,490
OPEN INTEREST:
$1,438,389,636
404,028
Markets across
30,214
events
MATCHED EVENTS:
2,681
PLATFORM COVERAGE:
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Polymarket:
39%
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Kalshi:
61%
Closed: Jul 23, 11:00 AM EST
Kalshi
This event tracks the number of Executive Orders signed by the President during the week of July 19-25, 2026. Executive Orders are formal presidential directives that must be officially titled, signed by the President, published in the Federal Register, and carry the force of law. The signing date recorded in the Federal Register determines which week an order belongs to, even if published later.
An Executive Order is defined as a numbered presidential directive that is formally titled "Executive Order" followed by a number, signed by the President, published in the Federal Register, and has the force of law. All documents officially designated as Executive Orders with sequential numbering count toward this event, including those that are later revoked or amended. The signing date as recorded in the Federal Register determines the period to which an Executive Order belongs; if an order is signed during July 19-25, 2026 but published in the Federal Register after that period ends, it still counts toward this event. Conversely, if an order is signed after July 25, 2026 but published during the tracking period, it does not count. Resolution occurs two weeks after the end of the tracking period, though this deadline may be moved earlier if Executive Orders dated after July 25, 2026 are posted to the Federal Register.
Prediction markets and traditional polls measure different things. Polls typically capture public opinion or expert sentiment at a single moment, while this market aggregates real-money forecasts from traders who profit or lose based on accuracy. Market odds often diverge from polls because traders incorporate breaking news, historical patterns, and incentives to predict precisely. For executive order activity, prediction markets can reflect informed expectations about legislative priorities and administrative capacity that may not appear in standard surveys. Comparing the two reveals whether consensus opinion aligns with market-based forecasts.
On Kalshi, this market is priced through a continuous order book where traders submit bids and asks for shares tied to specific outcome ranges. On Kalshi, prices reflect that venue's order book, liquidity, and how traders price the outcome right now. Each share represents a fractional claim on a particular count of executive orders, and the market price—ranging from 0 to 100 cents—reflects the probability traders assign to that outcome occurring. As new information emerges, traders adjust their positions, moving prices up or down. The spread between buy and sell prices narrows when conviction is high and widens during uncertainty, giving participants real-time signals about market confidence.
This market resolves around Aug 8, 2026, once the week concludes and the total number of executive orders signed is verifiable from credible public reporting. The outcome is determined by counting all orders issued during the specified seven-day window, regardless of subject matter or scope. Traders holding shares in the correct outcome range receive their payout, while incorrect positions expire worthless. Resolution is straightforward and objective, anchored to an easily auditable public record.
Several catalysts could shift odds significantly. Major legislative victories or defeats may prompt the administration to accelerate or delay executive action. Congressional activity, court rulings, or international developments could trigger urgent orders. Media reports of planned executive initiatives often precede formal signing, allowing traders to adjust positions ahead of announcements. Historical patterns of executive order volume under different administrations also inform expectations. Unexpected political events, staff changes, or shifts in policy priorities can rapidly reprrice this market as traders reassess the likelihood of higher or lower order counts by week's end.