TOTAL VOLUME:
$134.1b
24H VOL:
$141,541,542
24H TRANSACTIONS:
2,388,728,490
OPEN INTEREST:
$1,440,096,988
406,065
Markets across
30,522
events
MATCHED EVENTS:
2,692
PLATFORM COVERAGE:
5
Polymarket:
39%
VS.
Kalshi:
61%
Closed: Jul 20, 3:02 PM EST
Kalshi
South Carolina will hold a U.S. Senate election in 2026 for the Class 2 seat. This event tracks whether specific individuals publicly announce their candidacy for this seat or for a party's nomination to contest it before August 11, 2026.
For each candidate, a Yes resolution requires a public announcement of intent to run for South Carolina's Class 2 U.S. Senate seat in 2026 before August 11, 2026. The announcement must come directly from the candidate or their official campaign and be reported by a Source Agency. Filing campaign paperwork with the Federal Election Commission alone is insufficient without a public announcement. Exploratory committees or statements of interest do not qualify as formal campaign announcements. Running for a political party's nomination to contest the office counts as running for that office. Announcements based on speculation or third-party sources do not qualify; the announcement must originate from the candidate themselves or their official campaign apparatus.
Prediction markets aggregate the collective judgment of traders with real money at stake, often diverging from traditional analyst forecasts or polling. While political analysts may rely on historical data and expert opinion, this market reflects live trader conviction about candidate announcements. Analysts sometimes underestimate or overestimate the likelihood of a candidate entering the race based on public statements or party dynamics. Comparing market odds to published forecasts can reveal where professional consensus and trader expectations diverge, highlighting potential surprises or consensus blind spots.
On Kalshi, this market is priced through a continuous order-book mechanism where traders buy and sell shares representing different candidate outcomes. On Kalshi, prices reflect that venue's order book, liquidity, and how traders price the outcome right now. Each contract trades between 0 and 100 cents, with the price reflecting the implied probability that a given candidate will announce a run. As new information emerges—campaign signals, endorsements, or public statements—traders adjust their positions, moving prices up or down. The bid-ask spread shows the current consensus range, and you can place limit or market orders to enter or exit positions at your preferred price.
This market resolves around Jan 1, 2027, at which point the outcome will be confirmed based on verifiable public announcements and credible reporting. The resolution hinges on whether each candidate formally declares their intention to run for the South Carolina Senate seat before the deadline. Once the event is confirmed through reliable sources, winning contracts will be paid out at full value and losing contracts will expire worthless. Traders should monitor official campaign announcements and major news outlets as the resolution date approaches.
Major catalysts include formal candidate announcements, campaign infrastructure launches, and endorsements from party leadership or influential figures. Media coverage of a candidate's political positioning or electability can shift trader sentiment rapidly. Changes in national political dynamics, polling data, or primary race developments may also influence expectations about who will enter the race. Unexpected withdrawals or health issues affecting potential candidates, as well as shifts in party strategy, could trigger sharp price movements. Traders should watch for statements from candidates themselves, party officials, and credible political reporters covering South Carolina politics.