TOTAL VOLUME:
$134b
24H VOL:
$107,351,958
24H TRANSACTIONS:
2,388,728,490
OPEN INTEREST:
$1,416,970,024
400,720
Markets across
30,097
events
MATCHED EVENTS:
2,633
PLATFORM COVERAGE:
5
Polymarket:
39%
VS.
Kalshi:
61%
Closed: Aug 4, 9:55 PM EST
Polymarket
This market will resolve according to the candidate who wins the nomination for the Democratic Party to contest the VA-01 congressional district seat in the U.S. House of Representatives in the 2026 midterm elections. The Democratic primary will take place on August 4, 2026. If no nominee is announced by November 3, 2026, 11:59PM ET, this market will resolve to "Other". The resolution source for this market will be a consensus of official Democrat sources, including https://democrats.org/. Any replacement of the nominee before election day will not change the resolution of the market.
This market will resolve according to the candidate who wins the nomination for the Democratic Party to contest the VA-01 congressional district seat in the U.S. House of Representatives in the 2026 midterm elections. The Democratic primary will take place on August 4, 2026. If no nominee is announced by November 3, 2026, 11:59PM ET, this market will resolve to "Other". The resolution source for this market will be a consensus of official Democrat sources, including https://democrats.org/. Any replacement of the nominee before election day will not change the resolution of the market.
Prediction markets and polls measure candidate strength differently. Polls capture voter preference at a single moment, while this market aggregates real-money bets from traders with financial incentives to forecast accurately. Historical research suggests prediction markets often outperform polls at capturing late-breaking shifts and candidate momentum. However, both tools have value: polls reveal current voter sentiment, whereas market odds reflect traders' collective assessment of which candidate is most likely to win the primary. Comparing the two can highlight where expectations diverge.
On Polymarket, traders set prices by buying and selling outcome shares in an automated market maker. On Polymarket, prices reflect that venue's order book, liquidity, and how traders price the outcome right now. Each candidate's share price represents the market's implied probability of winning the primary, ranging from 0 to 100 cents. As traders adjust their positions based on news, endorsements, or campaign developments, prices move in real time. The more capital flowing into a candidate's shares, the higher that outcome's price climbs, and vice versa. This mechanism ensures prices reflect current market consensus.
This market resolves around Aug 4, 2026, once the Democratic primary election for Virginia's 1st District has concluded and the winner is verifiable from credible public sources. The outcome is determined by the official primary results reported by Virginia election authorities. Traders holding shares in the winning candidate receive their payout, while other positions expire worthless. The exact resolution timing depends on when results are certified and confirmed across reliable reporting channels.
Several catalysts could shift odds significantly. Major endorsements from party leaders, unions, or influential figures often trigger sharp price moves. Campaign announcements, debate performances, and media coverage of candidate gaffes or achievements can reshape trader expectations. Polling releases, fundraising reports, and grassroots organizing milestones also influence sentiment. Unexpected candidate withdrawals or entries would create immediate repricing. As election day approaches, early voting data and turnout models become increasingly important signals. Breaking news about any candidate's viability typically generates rapid trading activity.