TOTAL VOLUME:
$134b
24H VOL:
$103,397,351
24H TRANSACTIONS:
2,388,728,490
OPEN INTEREST:
$1,410,176,180
399,592
Markets across
30,097
events
MATCHED EVENTS:
2,622
PLATFORM COVERAGE:
5
Polymarket:
39%
VS.
Kalshi:
61%
Closed: Jul 23, 10:59 AM EST
Kalshi
This event tracks the number of Executive Orders signed by the President during the week of July 5-11, 2026. Executive Orders are formal presidential directives that carry the force of law and must be officially published in the Federal Register to count.
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 which period an Executive Order belongs to; for example, if an order is signed on July 11 but published in the Federal Register after the period ends, it still counts if the Federal Register shows the July 11 signing date. Each market outcome resolves to Yes if the President signs more than the specified threshold of Executive Orders during July 5-11, 2026. Resolution will be based on Federal Register publication records, with a contract expiration date of two weeks after the period ends, subject to earlier adjustment if Executive Orders dated beyond the period are published to the Federal Register.
Prediction markets and traditional polling measure different things: polls capture public opinion snapshots, while this market reflects traders' financial commitments to specific outcomes. Traders often incorporate polling data, expert analysis, and real-time developments into their bids, potentially leading to faster price adjustments than poll releases. However, prediction markets are not inherently more accurate than polls—both have strengths and limitations. Comparing this market's odds to relevant polling or analyst forecasts can reveal where traders diverge from conventional wisdom, signaling either market insight or potential mispricing worth investigating.
On Kalshi, this market is priced through a continuous order-book mechanism where traders buy and sell shares representing each possible outcome. On Kalshi, prices reflect that venue's order book, liquidity, and how traders price the outcome right now. Each share pays out a fixed amount if that outcome occurs, and the current bid-ask spread reflects the market's uncertainty. Traders compete to set prices, with higher demand for an outcome pushing its price upward and lower demand pushing it down. The resulting price directly translates to an implied probability, making the market price a real-time consensus forecast of executive order volume during the specified week.
This market resolves around Jul 25, 2026, once the week concludes and the final count of executive orders is verifiable from credible public reporting. The outcome is determined by the official record of orders signed during the July 5–11 period. Traders should monitor official White House announcements and reputable news sources as the week progresses to track developments. Resolution occurs automatically once the count is confirmed, settling all positions based on the actual number of orders issued.
Several catalysts could shift odds significantly: major legislative developments or policy priorities announced by the administration, unexpected political events or crises requiring executive action, and real-time order counts released mid-week by official channels. Traders often react to news cycles, analyst commentary, and historical patterns of executive activity. As the week progresses, each order signed reduces uncertainty and adjusts probabilities for remaining outcomes. Late-week developments carry outsized impact since fewer trading days remain, making final days particularly volatile. Monitoring White House communications and political news is essential for tracking this market's evolution.