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 5, 2:11 AM EST
Polymarket
This market will resolve according to the candidate who wins the nomination for the Democratic Party to contest the MI-01 congressional district seat in the U.S. House of Representatives in the 2026 midterm elections. The Democratic primary will take place on August 4, 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 MI-01 congressional district seat in the U.S. House of Representatives in the 2026 midterm elections. The Democratic primary will take place on August 4, 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 markets and traditional polls often diverge because they measure different things. Polls capture voter preference at a single moment, while this market reflects traders' real-money bets on the actual outcome. Traders incorporate polling data, but also weigh fundraising, endorsements, turnout models, and other factors polls may not fully capture. When this market's odds differ significantly from recent polls, it often signals that informed participants see a different path to victory than survey respondents indicate. Comparing the two can reveal where expert opinion and public sentiment diverge most sharply.
On Polymarket, traders set the odds by buying and selling shares representing each candidate's chance of winning the nomination. On Polymarket, prices reflect that venue's order book, liquidity, and how traders price the outcome right now. The price of each share—ranging from $0 to $1—directly reflects the market's implied probability; a share trading at $0.87 means the market assigns an 87% chance to that outcome. As new information arrives or trader sentiment shifts, prices adjust in real time. The spread between bid and ask prices represents the current liquidity and consensus around each candidate's viability.
This market resolves around Aug 4, 2026, once the Democratic primary election for Michigan's 1st District has concluded and the winner is verifiable from credible public reporting. The outcome is determined by the official result announced by Michigan election authorities or confirmed through established news sources. Until that point, traders can continue to buy and sell shares as new developments unfold. Resolution occurs automatically once the event is confirmed, and all winning shares are paid out at full value.
Several catalysts could shift odds significantly before the primary. Major endorsements from party leaders, unions, or influential figures often trigger sharp repricing. Candidate debate performances, campaign finance disclosures, and local media coverage can reshape trader expectations. Polling releases—especially from high-quality firms—frequently drive volume and price movement. Unexpected candidate withdrawals or entries would also reset the market. Turnout models and demographic shifts in the district may influence long-term positioning. Any scandal, gaffe, or major policy announcement tied to a frontrunner could rapidly alter the probability landscape.