The odds
as of Nov 9, 04:20 UTC- Before Jan 20, 2029 20% +40
- Before 2027 2.5% —
Each outcome here is its own yes/no question, so the chances don't add up to 100%.
Traded today$1K
Traded in all$41K
Favourite, 7 days+7.5 pts
Before Jan 20, 2029, the last 7 days
Kalshi priceNov 2: 13% · Nov 3: 9% · Nov 4: 8.7% · Nov 5: 8.7% · Nov 6: 8.5% · Nov 7: 8.6% · Nov 8: 15% · Nov 9: 22%
How it resolves
Kalshi's rule, word for word(Each outcome is its own contract. This is the rule for the favourite, Before Jan 20, 2029; the others read the same way with their own outcome.) If the United States explicitly and formally recognizes the Republic of China as a sovereign state independent from any previously recognized country after Issuance and before Jan 20, 2029, the market resolves to Yes. This could include: opening a U.S. embassy with the Republic of China, accepting an ambassador from the Republic of China, including the entity as an independent country in U.S. Department of State country lists, or signing a formal treaty, bilateral agreement, or communique that explicitly identifies the Republic of China as an independent and sovereign state. Merely acknowledging a governing authority exists, without recognizing its authority, is insufficient to resolve the market to Yes. Establishing a consulate or liaison office without the formal status and language of recognition does not qualify. Trade offices, cultural centers, or other non-embassy missions are insufficient. Participation alongside the entity in international conferences, humanitarian aid missions, or multilateral forums does not in itself constitute recognition as a sovereign state. Nor does U.S. abstention or vote in an international organization automatically equate to bilateral recognition.
Settlement sources: White House
See it on Kalshi ↗