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406,019
Markets across
30,401
events
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Kalshi:
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Closed: Jul 1, 12:11 PM EST
Kalshi
This market tracks whether the highest single day of vessel transits through the Strait of Hormuz will reach at least 60 calls in June 2026, based on IMF PortWatch data. On Kalshi, the leading outcome currently stands at 2.0%. A secondary outcome asks whether peak daily traffic will reach at least 80 calls, also at 2.0% probability. The Strait of Hormuz remains a critical global shipping chokepoint, and daily transit volumes fluctuate based on geopolitical conditions, seasonal demand, and port operations. Resolution will be determined by IMF PortWatch records, with the betting period closing on October 5, 2026.
This event establishes tiered resolution thresholds based on the highest single-day number of transit calls recorded through the Strait of Hormuz during June 2026, as reported by IMF PortWatch. Each threshold represents a distinct outcome: the market resolves affirmatively if the peak daily transit count reaches at least 20 calls, at least 40 calls, at least 60 calls, or at least 80 calls. The resolution will be determined by identifying the maximum daily transit volume occurring within the specified month and comparing it against these escalating benchmarks. Only the IMF PortWatch reporting source is used for verification, ensuring consistency and objectivity in measurement. The event captures maritime traffic intensity during a specific period, with higher thresholds indicating increasingly congested conditions through this vital international waterway.
Prediction market odds often diverge from traditional analyst forecasts because they aggregate real-time trader conviction rather than static models. While energy analysts and maritime experts may publish quarterly outlooks on Hormuz traffic, this market reflects dynamic, continuous repricing as new information emerges. Traders betting on a record day incorporate shipping data, sanctions developments, and geopolitical risk in ways that differ from published reports. The market's odds thus serve as a live alternative to analyst consensus, capturing crowd expectations about whether June 2026 will see historically high vessel counts.
On Kalshi, this market is priced through an order-book mechanism where traders buy and sell shares representing yes or no outcomes. On Kalshi, prices reflect that venue's order book, liquidity, and how traders price the outcome right now. Each share reflects the probability that June 2026 will record the highest single-day traffic volume in Strait of Hormuz history. As new information surfaces—shipping reports, geopolitical events, or economic data—traders adjust their bids and offers, moving the price up or down. The current market price directly represents the collective estimate of whether a record day will occur within that timeframe.
This market resolves around Oct 5, 2026, after June 2026 concludes and sufficient time has passed for reliable data to emerge. The outcome is determined by verifying whether any single day in June 2026 exceeded the historical record for daily vessel traffic through the Strait of Hormuz. Resolution relies on credible public sources including maritime authorities, shipping databases, and official traffic reports. Once the highest daily count for that month is confirmed and compared against historical records, the market settles accordingly.
Several catalysts could shift odds significantly before resolution. Geopolitical tensions in the Middle East—sanctions, military actions, or diplomatic breakthroughs—directly affect shipping routes and vessel volumes. Oil price swings influence refinery demand and tanker traffic. Global economic data, particularly manufacturing and trade reports, signal broader shipping activity. Announced port expansions or new shipping corridors could reduce Hormuz dependency. Real-time vessel tracking data and monthly traffic reports released before June 2026 will provide concrete signals. Any major disruption or policy change affecting regional trade will likely trigger repricing as traders reassess the likelihood of a record day.