TOTAL VOLUME:
$134.2b
24H VOL:
$134,145,987
24H TRANSACTIONS:
2,388,728,490
OPEN INTEREST:
$1,441,166,947
406,422
Markets across
30,383
events
MATCHED EVENTS:
2,688
PLATFORM COVERAGE:
5
Polymarket:
39%
VS.
Kalshi:
61%
Closed: Jul 1, 7:55 AM EST
Kalshi
This market tracks whether the Secured Overnight Financing Rate will exceed 3.75% by the end of June 2026, based on the first published SOFR value for the final U.S. business-day reference date of Q2 2026. On Kalshi, the probability that SOFR closes above 3.75% stands at 10.0%, while the probability it exceeds 5.00% is 6.0%. Resolution will be determined by the official SOFR value published for June 30, 2026, with the outcome hinging on Federal Reserve monetary policy decisions and economic conditions leading up to that final business day of Q2 2026.
Resolution is based on the first published SOFR value corresponding to the final U.S. business day of Q2 2026 (June 30, 2026). Each outcome specifies a threshold: above 3.75%, above 4.25%, or above 5.00%. The market resolves to Yes for any outcome whose threshold is below the actual published SOFR rate. If the actual rate is 3.75% or lower, all outcomes resolve to No.
SOFR pricing is highly sensitive to Federal Reserve policy signals, inflation reports, and employment data. Unexpected CPI or PCE readings could shift expectations about rate-cut timing and magnitude, moving the market sharply. Fed communications—including FOMC statements, Chair Powell testimony, and dot-plot projections—directly influence trader positioning on near-term rates. Recession indicators, wage growth, and geopolitical shocks affecting financial conditions also matter. Quarterly GDP revisions and credit-market stress could prompt traders to reprice the likelihood of SOFR remaining above 3.75%. As we approach mid-2026, actual Fed actions and real-time economic data will be the primary drivers of contract value.