TOTAL VOLUME:
$97.5b
24H VOL:
$264,423,826
24H TRANSACTIONS:
951,878,243
OPEN INTEREST:
$2,171,275,957
831,219
Markets across
15,133
events
MATCHED EVENTS:
973
PLATFORM COVERAGE:
5
Polymarket:
45%
VS.
Kalshi:
55%
Time left: 23d:14h:03m
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This event tracks the average U.S. price of a Popeyes Classic Chicken Sandwich during July 2026. The price will be determined using data reported by Spice Data for that month, reflecting typical consumer costs for this menu item across the country.
Resolution is based on the first July 2026 price value reported by Spice Data for the Popeyes Classic Chicken Sandwich. Each outcome corresponds to a specific price threshold, with Yes outcomes triggered if the reported average price meets or exceeds $5.65, $5.66, $5.67, $5.68, $5.69, or $5.70 respectively. The data source is Spice Data's "Popeyes Classic Chicken Sandwich Price" field under "Price (USD)". Any corrections or revisions made by Spice Data after market settlement will not alter the final outcome.
Prediction market odds reflect real-money trader conviction and often diverge from traditional analyst forecasts because markets price in a broader set of signals—from consumer behavior to commodity costs—in real time. While analysts may issue point estimates or ranges based on historical data and models, this market continuously updates as traders bet on actual outcomes. The crowd-sourced nature of prediction markets can sometimes outperform individual expert predictions, especially when multiple perspectives compete. However, both approaches have merit; comparing them reveals where expert opinion and market sentiment align or diverge on future pricing.
On Kalshi, this market is priced through a continuous order-book mechanism where traders buy and sell shares representing different price outcomes. On Kalshi, prices reflect that venue's order book, liquidity, and how traders price the outcome right now. Each share reflects a fractional claim on the final outcome, and the current bid-ask spread determines the live price. As new trades execute, the market price adjusts to reflect updated expectations. Traders can enter limit or market orders to position themselves on their preferred outcome, and the platform's matching engine ensures transparent price discovery throughout the trading period.
This market resolves around Aug 9, 2026, at which point the outcome is confirmed against credible public sources to determine the actual Popeyes chicken sandwich price in July 2026. Once the event date passes and pricing data becomes verifiable, the platform will settle all positions based on the confirmed price level. Traders who correctly predicted the outcome receive their winnings, while incorrect positions expire worthless. The resolution process ensures all participants have equal access to the same verified information.
Several catalysts could shift this market significantly before Aug 9, 2026. Popeyes menu announcements, pricing strategy changes, or franchise updates would directly signal future sandwich costs. Broader inflation trends, commodity prices for chicken and cooking oil, and labor cost pressures all feed into fast-food pricing decisions. Competitor pricing moves and consumer demand shifts also matter. Earnings calls, quarterly reports, and industry commentary from parent company Restaurant Brands International could reveal management's pricing intentions. Real-time trading volume often spikes around these announcements as participants reassess their positions.
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