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: Sep 15, 3:47 PM EST
Kalshi
The event tracks legislative activity surrounding a specific bill, focusing on the threshold of support needed to advance the proposal through a key procedural step. It reflects the dynamics of political consensus-building in a highly partisan environment, where achieving certain vote totals can significantly impact the bill's progression.
These markets resolve based on the number of Senators voting in favor of invoking cloture on the Digital Asset Market Clarity Act before January 1, 2027. Each market has a specific numerical threshold (ranging from above 48 to above 62) that must be exceeded for a 'Yes' outcome. The vote must occur in the full Senate chamber, not in committee, though participation need not include all Senators. If no vote occurs by the deadline, markets excluding 'zero' in their count resolve 'No,' while those including 'zero' resolve 'Yes.' If the bill passes without a specified vote count, markets including '100' (the total number of Senators) resolve 'Yes,' and others resolve 'No.' After market expiration, any subsequent requests to alter votes are disregarded for resolution purposes, relying solely on official tallies as they stood at expiration.
Currently, prediction market odds offer a different perspective than traditional polling data on the Clarity Act cloture vote. While polls attempt to capture stated voter intentions, this market reflects what individuals are willing to *risk* financially on the outcome. This often translates to a more accurate forecast, as it incentivizes traders to consider all available information and biases. Discrepancies between this market and polls may indicate that traders believe polls are underestimating or overestimating support for cloture, or that unquantifiable factors are at play.
On Kalshi, this market is priced using a continuous double auction. Traders can buy or sell contracts representing 'Yes' (at least 60 Senators vote for cloture) or 'No' (fewer than 60 Senators vote for cloture). The price of each contract reflects the market's collective assessment of the probability of that outcome. On Kalshi, prices reflect that venue's order book, liquidity, and how traders price the outcome right now. As more traders participate and new information emerges, the prices adjust to reflect the evolving consensus. This dynamic pricing mechanism ensures that the market remains responsive to changing conditions surrounding the Clarity Act cloture vote.
This market resolves around Jan 1, 2027, with the outcome confirmed once the Senate vote on cloture for the Clarity Act is verifiable from credible public reporting. The resolution will be based on the official Senate roll call vote, determining whether at least 60 Senators voted to invoke cloture. The final price of contracts will reflect whether the 'Yes' or 'No' outcome occurred, and traders will be paid out or required to cover their positions accordingly. This provides a clear and objective determination of the market's outcome.
Several signals or events could significantly move this market before its resolution. Key Senators’ public statements regarding the Clarity Act, particularly those who are considered swing votes, would likely cause price fluctuations. Unexpected legislative developments or amendments to the bill could also shift trader sentiment. Furthermore, any major political events or breaking news that impacts the broader legislative landscape could influence the perceived likelihood of cloture being invoked on the Clarity Act. Monitoring these factors will be crucial for understanding movements in this market.