TOTAL VOLUME:
$97.5b
24H VOL:
$265,777,486
24H TRANSACTIONS:
951,878,243
OPEN INTEREST:
$2,180,190,804
831,303
Markets across
15,095
events
MATCHED EVENTS:
966
PLATFORM COVERAGE:
5
Polymarket:
45%
VS.
Kalshi:
55%
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This market tracks whether the Trump Administration will create and distribute direct payments to Americans funded by tariff revenue by the end of 2026. The aggregated consensus across Kalshi and Polymarket stands at 33.0% for yes, with a 7.4% probability assigned to the secondary outcome. Resolution hinges on whether at least one million Americans receive payments of at least $1,000 directly attributable to tariff revenue, as reported by relevant federal agencies before August 1, 2026—the key reporting deadline that will determine whether this policy materializes before year-end.
This market will resolve to "Yes" if the Trump Administration formally creates (e.g., by signing federal legislation or performing executive action) a tariff dividend/rebate by December 31, 2026, 11:59 PM ET. Otherwise, this market will resolve to "No". Any bill signed into law or executive action taken within this market's time frame will qualify, regardless of when the law or action goes into effect. A qualifying payment of any amount distributed to any segment of individual US taxpayers will qualify as long as it is clearly attributed primarily to tariff revenue rather than a routine tax refund or credit. The resolution source will be a consensus of credible reporting.
For resolution to Yes, a Source Agency must officially report as fact—not as a claim by another party—that at least one million Americans received payments of at least $1,000 directly attributable to tariff revenue. Mere statements that a political figure claimed payments came from tariffs do not satisfy this requirement; the agency itself must verify and report the tariff-revenue connection. The threshold can be met by any point before August 1, 2026.
Prediction markets differ from polls because traders stake real capital on outcomes rather than expressing opinions. This market reflects financial incentives to forecast accurately, not sentiment snapshots. Traders weigh legislative feasibility, economic data, and political momentum to price the likelihood of a tariff dividend. While polls measure public preference or awareness, this market prices the probability of actual policy implementation and distribution by the deadline, making it a forward-looking economic indicator rather than a popularity measure.
Polymarket and Kalshi may show different odds because they use distinct outcome definitions and trader bases. Polymarket and Kalshi can show different implied probabilities for the same outcome because of liquidity, fee structure, participant mix, and how each venue defines the contract. Polymarket requires documented checks of at least $1,000 per American, a narrow and verifiable standard, while Kalshi uses looser language on tariff dividend creation, which could encompass indirect benefits or policy announcements. Regulatory differences, liquidity concentration, and how each platform's community interprets "tariff dividend" also drive pricing gaps. Arbitrage traders monitor these spreads, but definitional ambiguity can sustain divergence.
This market resolves around Jan 1, 2027, with the outcome confirmed once the event is verifiable from credible public reporting. Resolution hinges on whether a tariff dividend—direct cash payments funded by tariff revenue—has been created and distributed to Americans by that deadline. The specifics depend on each platform's outcome language; one focuses on documented checks meeting a dollar threshold, while the other assesses broader policy implementation. Both require clear, documented evidence before settlement.
Key catalysts include tariff legislation passage, Treasury announcements on revenue allocation, and any executive orders directing dividend payments. Economic data on tariff revenue collection will shift trader confidence. Congressional budget negotiations, election cycles, and court rulings on tariff authority could reshape odds. Media coverage of pilot programs or state-level distributions would signal momentum. Conversely, recession fears, trade deal announcements, or political opposition could dampen expectations. Real-time tracking of legislative progress and revenue reports will drive volatility through year-end 2026.
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