TOTAL VOLUME:
$154.4b
24H VOL:
$290,393,159
24H TRANSACTIONS:
2,984,640,614
OPEN INTEREST:
$1,944,100,805
420,493
Markets across
40,511
events
MATCHED EVENTS:
4,612
PLATFORM COVERAGE:
5
Polymarket:
37%
VS.
Kalshi:
63%
Closed: Oct 24, 4:34 PM EST
Kalshi
This market focuses on predicting whether a specific fighter will achieve a decisive victory within a particular round of an upcoming mixed martial arts bout. Outcomes are determined by the method and timing of the win, with certain conditions applying to draws or incomplete fights.
The markets resolve based on whether Petr Yan or Merab Dvalishvili secures a knockout (KO), technical knockout (TKO), submission, or disqualification (DQ) victory within a specified round of their scheduled fight on October 24, 2026. Each market corresponds to a specific round (Rounds 1 through 5) for each fighter, with a separate market for outcomes decided by split decision, draw, or no contest across the full duration of the fight. A technical decision is explicitly treated as a decision for settlement purposes and does not count as a round-specific win. All markets are independent, meaning the resolution of one does not affect the others, and the fight must proceed as originally scheduled for these rules to apply. The markets are not endorsed by the governing league, and all trademarks remain the property of their respective owners.
Typically, prediction market odds reflect the wisdom of the crowd and can differ from traditional sportsbook odds. Sportsbooks often set initial lines to balance action, while this market allows traders to directly express their beliefs about the likelihood of each outcome. If there's a significant discrepancy, it might indicate that the market perceives information differently than sportsbooks, or that one venue has a more informed or active trading base. It's common to see the probabilities implied by this market converge with sportsbook odds as the event date nears and more information becomes available.
On Kalshi, this market is priced through a continuous double auction, meaning traders buy and sell contracts representing each possible outcome. The price of a contract reflects the market’s probability of that outcome occurring. As more traders participate, the prices adjust to reflect the collective assessment of the event. On Kalshi, prices reflect that venue's order book, liquidity, and how traders price the outcome right now. This dynamic pricing mechanism allows the market to quickly incorporate new information and adjust probabilities accordingly, offering a unique perspective compared to fixed-odds betting.
This market resolves around Oct 24, 2026, with the outcome confirmed once the event is verifiable from credible public reporting. Specifically, the round in which the fight officially ends, as declared by the relevant athletic commission, will determine the winning contract. If the fight does not end within the scheduled rounds, the 'Goes to Decision' outcome will be considered the winner. The resolution will be based on the official result, ensuring a transparent and verifiable outcome for all traders participating in this market.
Several factors could significantly impact this market. Any news regarding fighter injuries, changes in training regimens, or even pre-fight press conference statements could shift trader sentiment. Unexpected betting patterns in traditional sportsbooks could also influence trading activity. Furthermore, analysis from MMA experts and updated fight previews could lead to reassessments of each fighter's chances. As the fight date approaches, even minor updates could cause noticeable movements in the prices of contracts within this market.