TOTAL VOLUME:
$134.2b
24H VOL:
$126,590,312
24H TRANSACTIONS:
2,388,728,490
OPEN INTEREST:
$1,439,516,703
404,175
Markets across
30,277
events
MATCHED EVENTS:
2,685
PLATFORM COVERAGE:
5
Polymarket:
39%
VS.
Kalshi:
61%
Closed: Jun 25, 11:04 AM EST
Kalshi
This event concerns a Supreme Court case about whether the Secretary of Homeland Security has the authority to terminate Haiti's Temporary Protected Status designation, a program that allows certain foreign nationals to live and work in the United States. The case specifically addresses whether such termination can proceed despite legal challenges based on the Administrative Procedure Act and equal protection grounds. The ruling will determine the scope of executive power in immigration policy decisions.
If the Supreme Court, in Trump v. Miot, rules that the Secretary of Homeland Security may terminate Haiti’s Temporary Protected Status designation notwithstanding respondents’ APA and equal-protection challenges, then the market resolves to Yes.
Prediction market odds often diverge from traditional analyst forecasts because they aggregate real-money bets from many participants rather than relying on expert opinion alone. In this market, traders are directly wagering on whether the Supreme Court will permit TPS termination, creating financial incentives to forecast accurately. Analysts and legal commentators may offer qualitative assessments based on judicial philosophy and precedent, while market prices reflect the collective confidence of active traders. Both sources provide useful signals, though prediction markets can sometimes move faster when new legal filings or court scheduling announcements occur.
On Kalshi, this market is priced through a continuous order-book mechanism where traders submit bids and asks, and the current market price reflects the most recent matched trade. On Kalshi, prices reflect that venue's order book, liquidity, and how traders price the outcome right now. Prices range from near zero to near 100, with higher prices indicating greater confidence that the Supreme Court will allow the termination. Traders can enter limit orders or execute market orders to buy or sell shares instantly. The spread between bid and ask prices tightens as trading volume increases, making the market more liquid and easier to trade in or out of positions.
This market resolves around Aug 1, 2026, once the Supreme Court issues its decision on whether to permit the Trump administration to terminate Haiti TPS. The outcome will be verified against credible public sources reporting the Court's ruling. If the Court allows termination to proceed, the market resolves affirmatively; if it blocks or delays the termination, the market resolves negatively. Traders should monitor the Court's docket and official opinions to track progress toward resolution.
Key catalysts include oral argument dates, amicus curiae briefs filed by advocacy groups and government agencies, and any interim rulings or stay orders from the Court. Published opinions from lower courts or related immigration cases can shift market sentiment by signaling judicial reasoning. Media coverage of TPS policy debates and political statements from administration officials may also influence trader expectations. Finally, unexpected developments in Haiti's political or humanitarian situation could alter perceptions of the policy's urgency, moving this market in either direction as traders reassess the likelihood of a favorable Court decision.