TOTAL VOLUME:
$154.5b
24H VOL:
$271,200,656
24H TRANSACTIONS:
2,984,640,614
OPEN INTEREST:
$1,922,627,141
420,368
Markets across
40,352
events
MATCHED EVENTS:
4,484
PLATFORM COVERAGE:
5
Polymarket:
37%
VS.
Kalshi:
63%
Closed: Oct 7, 7:59 AM EST
Kalshi
These markets track potential future values of the Secured Overnight Financing Rate (SOFR) on a specific date, reflecting expectations about monetary policy and economic conditions. SOFR is a key benchmark interest rate used in financial markets, influencing borrowing costs and financial contracts. The outcomes depend on whether the rate meets certain precise thresholds or falls within defined ranges on that day.
The markets resolve based on the initially reported SOFR for October 6, 2026, as published in the “Secured Overnight Financing Rate Data” table under the “Rate (%)” column. Once reported, subsequent revisions to the rate are disregarded for resolution purposes. Each market has a specific condition: one resolves if the rate is at most 3.85%, another if it is exactly 3.86%, and so on through exactly 3.90%, with the final market resolving if the rate is at least 3.91%. All markets use the same underlying data source and revision policy to determine their respective outcomes.
Currently, prediction market odds often reflect a different perspective than traditional analyst forecasts. While analysts frequently rely on economic models and historical data, this market incorporates a wider range of information and sentiment, including potential unforeseen events. Discrepancies can arise due to differing assumptions, risk assessments, and the ability of the market to rapidly adjust to new information. It's common to see this market anticipate shifts in expectations before they are fully reflected in consensus analyst estimates, offering a potentially valuable signal for those following the SOFR rate.
On Kalshi, this market is priced using a continuous double auction mechanism, where traders buy and sell contracts representing their beliefs about the SOFR rate. The price of a contract reflects the probability of that specific rate 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 incentivized to provide accurate predictions, as profitable trades are rewarded. This dynamic pricing system allows the market to efficiently aggregate information and generate a real-time forecast for the SOFR rate on the specified date.
Several key signals and events could significantly move this market. Major economic data releases, such as inflation reports, employment figures, and GDP growth, will likely influence trader sentiment. Changes in Federal Reserve policy, including statements from the Federal Open Market Committee (FOMC) and potential interest rate adjustments, are also critical catalysts. Unexpected geopolitical events or shifts in global financial conditions could introduce uncertainty and volatility, impacting predictions for the SOFR rate. Any news related to the health of the US economy will be closely watched.