TOTAL VOLUME:
$93.4b
24H VOL:
$248,131,524
24H TRANSACTIONS:
895,496,382
OPEN INTEREST:
$2,100,731,277
787,063
Markets across
13,710
events
MATCHED EVENTS:
903
PLATFORM COVERAGE:
5
Polymarket:
46%
VS.
Kalshi:
54%
chance
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This market tracks whether the World Health Organization will declare a new coronavirus pandemic distinct from COVID-19 during 2026. On Polymarket, the probability of a new coronavirus pandemic occurring stands at 6.0%. Resolution will be determined by official WHO announcements declaring a novel coronavirus pandemic between market creation and December 31, 2026, 11:59 PM ET. Watch for any WHO emergency declarations or pandemic announcements through the end of 2026 to signal a potential resolution to Yes.
This market will resolve to "Yes" if the World Health Organization (WHO) declares a new COVID pandemic other than COVID-19 (SARS-CoV-2) between market creation and December 31, 2026, 11:59 PM ET. Otherwise, this market will resolve to "No". The resolution source will be official announcements from the World Health Organization.
Prediction market odds reflect aggregated trader expectations rather than formal analyst consensus. The Polymarket market currently prices the probability at 5.1%, representing the collective assessment of thousands of participants betting real money on the outcome. Traditional epidemiological forecasts and public health expert opinions may differ, as they rely on modeling and historical data rather than market incentives. Comparing these two approaches reveals whether traders are more optimistic or pessimistic than institutional analysts about pandemic risk in 2026.
On Polymarket, the New Coronavirus Pandemic in 2026 event is priced at 5.1%, meaning traders assign roughly that probability to the outcome occurring. On Polymarket, prices reflect that venue's order book, liquidity, and how traders price the outcome right now. Prices move in real time as new information emerges and traders adjust their positions. The market uses a continuous automated market maker, so you can buy or sell shares at any time during the trading window. Volume of $17,226 indicates the total capital deployed on this contract, with $6 traded in the most recent 24-hour period.
The market resolves on Dec 31, 2026, at which point traders will learn whether a new coronavirus pandemic emerged during 2026. Resolution depends on objective verification of pandemic criteria, typically informed by declarations from major health authorities and epidemiological data. The specific resolution framework evaluates whether a novel coronavirus strain caused sufficient global health disruption to meet the event definition. Until that date, the market remains open for trading, and odds will shift based on emerging disease surveillance reports, scientific developments, and geopolitical factors affecting pandemic risk.
Several catalysts could shift odds on this market. Detection of novel coronavirus variants in wildlife or early human cases would likely increase prices sharply. Major biosurveillance announcements, WHO alerts, or peer-reviewed studies on emerging zoonotic threats could trigger volatility. Conversely, successful vaccine development, improved pandemic preparedness measures, or extended periods without significant coronavirus emergence might lower probabilities. Geopolitical tensions affecting lab safety standards, funding for disease monitoring, or international cooperation on pathogen research could also influence trader sentiment. Real-time market reactions reflect how new information reshapes collective expectations about pandemic risk.
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