TOTAL VOLUME:
$134b
24H VOL:
$87,997,338
24H TRANSACTIONS:
2,388,728,490
OPEN INTEREST:
$1,395,155,069
395,664
Markets across
30,076
events
MATCHED EVENTS:
2,626
PLATFORM COVERAGE:
5
Polymarket:
39%
VS.
Kalshi:
61%
Closed: Aug 5, 1:44 AM EST
Polymarket
This market will resolve according to the candidate who wins the nomination for the Democratic Party to contest the MI-04 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, 11:59 PM 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-04 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, 11:59 PM 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 measure candidate viability through different lenses. Polls capture voter preference at a single moment, while this market reflects traders' financial commitments to an outcome, incorporating polling data alongside campaign momentum, endorsements, and fundraising signals. Markets often diverge from polls because participants have skin in the game and access to real-time developments. Comparing the implied probability here to the latest public surveys can reveal whether traders are pricing in information polls have not yet captured or whether consensus remains aligned.
On Polymarket, traders set the odds by buying and selling shares representing each possible outcome. On Polymarket, prices reflect that venue's order book, liquidity, and how traders price the outcome right now. The price of each share reflects the collective assessment of that candidate's likelihood of winning the nomination. As new information emerges—debate performances, endorsements, or shifts in voter sentiment—traders adjust their positions, moving the price up or down. The current implied probability for any outcome equals the market price of a share, expressed as a percentage between 0 and 100.
This market resolves around Aug 4, 2026, once the Democratic primary election in Michigan's 4th District has concluded and the winner is verifiable from credible public reporting. The outcome is determined by the official primary results, confirming which candidate secured the Democratic nomination. Until that date, traders can continue to buy and sell shares as new developments unfold. Resolution occurs automatically once the result is confirmed and reported by authoritative news sources and election officials.
Several catalysts could shift trader positioning before the primary vote. Major endorsements from local or state party figures, debate performances, campaign spending announcements, and shifts in voter registration or early voting data often trigger sharp price moves. Unexpected candidate withdrawals or entries, media coverage of gaffes or achievements, and changes in national political momentum can also reshape expectations. Polling releases remain key signals; a significant poll showing a challenger gaining ground typically prompts immediate repricing as traders reassess probabilities.