TOTAL VOLUME:
$134b
24H VOL:
$107,351,958
24H TRANSACTIONS:
2,388,728,490
OPEN INTEREST:
$1,416,970,024
400,720
Markets across
30,097
events
MATCHED EVENTS:
2,633
PLATFORM COVERAGE:
5
Polymarket:
39%
VS.
Kalshi:
61%
Closed: Jul 1, 4:00 PM EST
Kalshi
These markets allow traders to bet on where the Nasdaq-100 index will close on July 1, 2026 at 4pm EDT. The Nasdaq-100 tracks the 100 largest non-financial companies on the Nasdaq exchange, serving as a key indicator of technology and growth stock performance. Each market corresponds to a specific price level, with traders wagering whether the index will finish above or below that threshold.
Resolution is determined by the end-of-day Nasdaq-100 index value on July 1, 2026. Each market resolves to Yes if the index closes above a specified threshold (ranging from 29,399.99 to 29,989.99 in 10-point increments). The market closes on July 1, 2026 and expires at the sooner of the first official data release or one week after July 1, 2026. Per the Kalshi Rulebook, the Exchange has modified the Source Agency and Underlying for indices markets.
Prediction market odds and traditional analyst forecasts often diverge because they reflect different methodologies and incentive structures. Analysts typically publish point estimates or ranges based on fundamental analysis, earnings models, and macroeconomic scenarios. In contrast, this market aggregates real-money bets from traders who face direct financial consequences for accuracy, creating a crowdsourced probability estimate. While analyst consensus can anchor initial expectations, prediction markets frequently incorporate faster-moving sentiment and tail-risk pricing. Comparing the two reveals whether professional forecasters and market participants agree on the Nasdaq-100's trajectory, or whether traders are pricing in scenarios analysts have overlooked.
On Kalshi, this market is priced through an order-book mechanism where traders buy and sell contracts at bid-ask spreads they set themselves. On Kalshi, prices reflect that venue's order book, liquidity, and how traders price the outcome right now. Each contract represents a specific price range for the Nasdaq-100 at settlement, and the market price reflects the probability traders assign to that outcome occurring. As new information arrives or sentiment shifts, participants adjust their orders, causing prices to move in real time. The tighter the bid-ask spread, the more liquid and efficient the market; wider spreads indicate uncertainty or lower trading activity. This continuous price discovery process ensures the odds remain responsive to changing market conditions.
This market resolves around Jul 1, 2026, when the Nasdaq-100 index closes at 4pm EDT on July 1, 2026. The outcome is determined by the official closing price published by credible financial data sources on that date. Once the index level is verified and confirmed, Kalshi settles all contracts based on which price range bracket the actual close falls into. Traders who held positions in the correct outcome receive their winnings, while those on the wrong side of the trade realize losses. The resolution process is straightforward and tied to publicly observable market data.
Major catalysts that could shift odds include Federal Reserve policy announcements, inflation data releases, corporate earnings surprises, and geopolitical developments affecting technology stocks. The Nasdaq-100 is heavily weighted toward large-cap tech companies, so earnings guidance, AI developments, and regulatory news around big tech firms carry outsized influence. Macroeconomic shocks—recession fears, interest rate surprises, or credit market stress—can trigger sharp repricing across the index. Currency movements, particularly USD strength, also matter for multinational tech exporters. Traders monitoring this market should watch the economic calendar, earnings season timing, and central bank communications closely, as these events historically drive the largest single-day moves in equity indices.