TOTAL VOLUME:
$154.7b
24H VOL:
$279,496,801
24H TRANSACTIONS:
2,984,640,614
OPEN INTEREST:
$1,923,931,766
416,910
Markets across
40,107
events
MATCHED EVENTS:
4,571
PLATFORM COVERAGE:
5
Polymarket:
37%
VS.
Kalshi:
63%
Closed: Oct 30, 7:59 AM EST
Kalshi
The Secured Overnight Financing Rate (SOFR) is a benchmark interest rate used in financial markets, reflecting the average overnight repurchase agreement rate secured by U.S. Treasury securities. Predicting SOFR for a specific future date involves analyzing economic indicators, monetary policy decisions, and market expectations. These markets allow participants to bet on whether the rate will fall within certain precise ranges or exceed specific thresholds by a set date.
The event resolves based on the initially reported Secured Overnight Financing Rate (SOFR) for October 29, 2026, as listed in the “Secured Overnight Financing Rate Data” table under the column labeled “Rate (%)”. All markets share this underlying data source and agree that subsequent revisions to the reported SOFR will not affect the resolution. Each market has a distinct resolution condition: one resolves if the rate is at most 3.88%, six resolve if the rate matches exactly one of the values from 3.89% to 3.94%, and the final market resolves if the rate is at least 3.95%. The outcome of each market depends solely on where the initially reported rate falls relative to these specified thresholds or exact values.
Currently, prediction market odds reflect what traders believe the SOFR rate will be on October 29, 2026, based on their own analysis and expectations. Comparing this to analyst forecasts reveals whether the market anticipates similar outcomes to those predicted by economic experts. If analysts broadly expect a rate of, for example, 4.00%, we would see a higher price for contracts predicting that rate in this market. Significant discrepancies could indicate disagreement with conventional wisdom or the incorporation of unique information by market participants.
On Kalshi, this market is priced using a continuous double auction, where traders submit bids and offers for contracts representing different SOFR rate outcomes. The price of each contract reflects the probability of that outcome occurring, as determined by supply and demand. On Kalshi, prices reflect that venue's order book, liquidity, and how traders price the outcome right now. Traders are constantly adjusting their positions based on new information and their own assessments of the economic outlook, leading to dynamic price fluctuations. This creates a real-time estimate of market expectations for the SOFR rate.
This market resolves around Nov 6, 2026, with the outcome confirmed once the actual SOFR rate for October 29, 2026, is verifiable from credible public reporting. The market will pay out to the holders of contracts corresponding to the confirmed SOFR rate. The resolution will be based on the official rate published by the Federal Reserve Bank of New York, ensuring a transparent and objective determination of the outcome. Traders should monitor official sources as the resolution date approaches.
Several economic signals and events could significantly move this market before its resolution. Key indicators like inflation reports, employment data, and Federal Reserve policy announcements will all influence expectations for future interest rates. Unexpected shifts in these indicators could lead to rapid price adjustments in the SOFR rate market. Geopolitical events and changes in global economic conditions could also play a role, as these factors can impact the overall economic outlook and monetary policy decisions. Monitoring these developments is crucial for understanding potential market movements.