TOTAL VOLUME:
$154.6b
24H VOL:
$323,326,361
24H TRANSACTIONS:
2,984,640,614
OPEN INTEREST:
$1,969,435,260
419,363
Markets across
40,411
events
MATCHED EVENTS:
4,612
PLATFORM COVERAGE:
5
Polymarket:
37%
VS.
Kalshi:
63%
Closed: Oct 12, 10:00 AM EST
Kalshi
This event tracks the competitive performance of various artificial intelligence models in coding challenges, determining which system demonstrates superior capabilities on a specific evaluation date. It reflects the rapid evolution and rivalry in AI development, where each participant's ranking on a standardized leaderboard will dictate the outcome.
The event evaluates whether any listed AI model achieves the highest ranking on the LM Code Arena Leaderboard as of October 12, 2026, at 10:00am ET. If a model secures the #1 position, the corresponding market resolves positively. In cases where multiple models tie for the top rank, the publisher’s official tie-breaking rules apply; if none exist, all tied models share the highest rank. Contracts for tied entities resolve to $1 divided by the number of tied candidates, rounded down. The platform disclaims any formal association with the governing league, and all trademarks remain property of their respective owners.
Currently, it's important to note that this market's predictions are based solely on the collective wisdom of traders on Kalshi. Comparing these odds to traditional analyst forecasts reveals how public opinion, as expressed through trading, aligns with or diverges from expert predictions. If analysts widely believe a specific coding AI will dominate, we might see a corresponding increase in its probability on Kalshi. However, discrepancies can also emerge, potentially indicating that traders possess unique insights or are reacting to information not yet reflected in mainstream analysis.
On Kalshi, this market is priced using a continuous double auction. Traders buy and sell contracts representing different outcomes, and the prices of these contracts determine the implied probabilities. As more traders participate, the prices adjust to reflect the collective assessment of the likelihood of each outcome. On Kalshi, prices reflect that venue's order book, liquidity, and how traders price the outcome right now. The market depth, or the number of buy and sell orders at various price levels, also influences price movements, providing insight into the strength of conviction behind different positions. This dynamic pricing mechanism allows for real-time adjustments based on new information and changing sentiment.
This market resolves around Oct 12, 2026, with the outcome confirmed once the leading coding AI is verified against credible public reporting. The determination will be based on widely accepted benchmarks for coding performance, such as code generation speed, bug rates, and successful completion of complex programming tasks. The resolution will reflect which coding AI demonstrates the most significant advancements and widespread adoption during the specified timeframe. Traders will then be paid out according to their holdings in the winning outcome’s contracts.
Several signals could significantly impact this market. Major announcements regarding new coding AI releases or upgrades from leading companies would likely cause price fluctuations. Breakthroughs in AI algorithms or the emergence of a new, highly effective coding AI could also shift probabilities. Unexpected regulatory changes affecting the development or deployment of AI technologies could introduce uncertainty and volatility. Finally, prominent industry reports or analyses evaluating the performance of different coding AIs could influence trader sentiment and drive trading activity in this market.