TOTAL VOLUME:

$154.3b

24H VOL:

$228,458,490

24H TRANSACTIONS:

2,984,028,936

OPEN INTEREST:

$1,879,276,037

410,833

Markets across

40,345

events

MATCHED EVENTS:

4,363

PLATFORM COVERAGE:

5

Polymarket:

37%

VS.

Kalshi:

63%

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Mistral Large 4: Text Arena Debut?
polymarket

Mistral Large 4: Text Arena Debut?

Volume:
$39,018

1490+

 - Polymarket

1490+ - Polymarket

1W

News

Positive

Negative

Neutral

Hover marker for details

Vol.

·

Resolved Oct 28, 2026

Closed: Oct 9, 2:02 PM EST

polymarket

Polymarket

View
Outcome
Trade
Chance %
Price
Spread
Liquidity
Volume
24h
7d
Open Interest
Ends in
Result
polymarket

1490+

View
0%
Yes 0¢No 100¢
—
N/A
$21,316
N/A
N/A
N/A
8mo
No
polymarket

1430+

0%
Yes 0¢No 100¢
—
N/A
$6,688
N/A
N/A
N/A
8mo
No
polymarket

1470+

0%
Yes 0¢No 100¢
—
N/A
$6,322
N/A
N/A
N/A
8mo
No
polymarket

1450+

0%
Yes 0¢No 100¢
—
N/A
$4,691
N/A
N/A
N/A
8mo
No
Total markets: 4

Description

This market will resolve to "Yes" if Mistral AI's Mistral Large 4 model, when added to the Arena.AI Leaderboard (https://arena.ai/leaderboard/text/overall-no-style-control), has at least the specified score at 12:00 PM ET on the calendar date following the date on which it first appears on the leaderboard. Otherwise, this market will resolve to "No". A qualifying model must be Mistral Large 4 (released in public preview on October 6, 2026), identified by a name or model identifier that includes "Mistral" and "Large" with a version designation of 4 or 4.0, regardless of capitalization, hyphenation, or surrounding prefixes, suffixes, dates, or descriptors — for example, mistral-large-4-0 or Mistral-Large-4.0. Models with any other version designation, such as Mistral Large 3 or a later Mistral Large 4.1, and models whose name does not include "Large," such as Mistral Medium 3.5 or Ministral, Magistral, Codestral, Devstral, Pixtral, or Voxtral models, will not qualify. Results from the "Score" column under the "Text Arena | Overall" Leaderboard tab at https://arena.ai/leaderboard/text/overall-no-style-control with style control off will be used to resolve this market. This market will resolve solely based on the specified score in the Score column of the leaderboard, regardless of any underlying granular or unrounded data presented elsewhere. A model marked "AutoEval" will not be considered added to the leaderboard. Only scores displayed without the "AutoEval" label will be considered. If multiple qualifying models are added to the leaderboard on the same calendar date (ET), the highest-scoring model will be used for resolution. Models added to the leaderboard on the calendar date following the initial qualifying model's first appearance will not be considered. If a model is first added to the Arena.AI Leaderboard but is subsequently removed and not re-added, such that it is not displayed on the leaderboard at 12:00 PM ET on the calendar date following its first appearance, its appearance will not qualify as added to the Arena.AI Leaderboard. A qualifying model must be newly added to the Arena.AI Leaderboard. Whether the model was previously released, publicly accessible, in beta, or otherwise available before appearing on the leaderboard is irrelevant for this market. The resolution source for this market is the Chatbot Arena LLM Leaderboard found at https://arena.ai/leaderboard/text/overall-no-style-control. If this resolution source is unavailable at 12:00 PM ET on the calendar date following the date on which the qualifying model first appears on the leaderboard, this market will resolve based on the first subsequent instance at which such a score becomes available on the leaderboard. If it remains unavailable through the end of the seventh day after the qualifying model first appears on the leaderboard or if no qualifying model is added to the leaderboard by June 30, 2027, 11:59 PM ET, this market will resolve to "No".

Polymarket

This market will resolve to "Yes" if Mistral AI's Mistral Large 4 model, when added to the Arena.AI Leaderboard (https://arena.ai/leaderboard/text/overall-no-style-control), has at least the specified score at 12:00 PM ET on the calendar date following the date on which it first appears on the leaderboard. Otherwise, this market will resolve to "No". A qualifying model must be Mistral Large 4 (released in public preview on October 6, 2026), identified by a name or model identifier that includes "Mistral" and "Large" with a version designation of 4 or 4.0, regardless of capitalization, hyphenation, or surrounding prefixes, suffixes, dates, or descriptors — for example, mistral-large-4-0 or Mistral-Large-4.0. Models with any other version designation, such as Mistral Large 3 or a later Mistral Large 4.1, and models whose name does not include "Large," such as Mistral Medium 3.5 or Ministral, Magistral, Codestral, Devstral, Pixtral, or Voxtral models, will not qualify. Results from the "Score" column under the "Text Arena | Overall" Leaderboard tab at https://arena.ai/leaderboard/text/overall-no-style-control with style control off will be used to resolve this market. This market will resolve solely based on the specified score in the Score column of the leaderboard, regardless of any underlying granular or unrounded data presented elsewhere. A model marked "AutoEval" will not be considered added to the leaderboard. Only scores displayed without the "AutoEval" label will be considered. If multiple qualifying models are added to the leaderboard on the same calendar date (ET), the highest-scoring model will be used for resolution. Models added to the leaderboard on the calendar date following the initial qualifying model's first appearance will not be considered. If a model is first added to the Arena.AI Leaderboard but is subsequently removed and not re-added, such that it is not displayed on the leaderboard at 12:00 PM ET on the calendar date following its first appearance, its appearance will not qualify as added to the Arena.AI Leaderboard. A qualifying model must be newly added to the Arena.AI Leaderboard. Whether the model was previously released, publicly accessible, in beta, or otherwise available before appearing on the leaderboard is irrelevant for this market. The resolution source for this market is the Chatbot Arena LLM Leaderboard found at https://arena.ai/leaderboard/text/overall-no-style-control. If this resolution source is unavailable at 12:00 PM ET on the calendar date following the date on which the qualifying model first appears on the leaderboard, this market will resolve based on the first subsequent instance at which such a score becomes available on the leaderboard. If it remains unavailable through the end of the seventh day after the qualifying model first appears on the leaderboard or if no qualifying model is added to the leaderboard by June 30, 2027, 11:59 PM ET, this market will resolve to "No".

Frequently asked questions

Currently, the prediction market suggests a probability of the Mistral Large 4 debuting by the specified date, as reflected in the odds on Polymarket. This differs from broader analyst expectations, which are varied and often qualitative. While some analysts predict rapid advancements in large language models, specific timelines for new model releases are often uncertain. This market provides a quantifiable assessment of the likelihood, aggregating the views of many traders. It's important to note that market participants may have access to information not publicly available to analysts.

On Polymarket, this market is priced through a continuous double auction, meaning traders buy and sell contracts representing their belief about the outcome. The price of a contract directly reflects the probability of that outcome occurring. On Polymarket, prices reflect that venue's order book, liquidity, and how traders price the outcome right now. The price fluctuates based on supply and demand, with increased buying pressure raising the price and vice versa. The current price indicates what traders are collectively willing to pay for exposure to the outcome of the Mistral Large 4 debut. Volume of $39,018 has been traded to date.

This market resolves around Jul 1, 2027, with the outcome confirmed once the event is verifiable from credible public reporting. Resolution will depend on whether Mistral Large 4 has debuted and achieved a score of at least 1470 by that date. The outcome will be determined by publicly available information regarding the model’s release and performance metrics. Traders should monitor announcements from Mistral AI and independent evaluations of the model’s capabilities as the resolution date approaches.

Several factors could influence the price of this market. Official announcements from Mistral AI regarding the development and release timeline of Mistral Large 4 would be a significant catalyst. Positive or negative reports on the performance of competing large language models could also shift sentiment. Unexpected breakthroughs or setbacks in AI research generally could impact expectations. Finally, any news regarding the computational resources available to Mistral AI, or changes in their strategic priorities, could move this market before Jul 1, 2027.