Kalshi has reported 59,701 in volume over the last 24 hours on their market for “Who will IPO in 2025?”, making it one of the hottest markets on the platform today.
The market currently is implying a 45% chance for "Discord", which is up from yesterday, when the market implied a 44% probability.
If Discord Inc. confirms an IPO before Jan 1, 2026, then the market resolves to Yes.
In total, this market has seen a volume of 619,288 transactions since it was first opened on July 28, 2025. There are 156,881 positions of open interest in this market, and the overall liquidity is sitting at 2,032,814 contracts.
Based on Quiver’s tracking, here are 10 of the finance and politics markets that have had the most volume on Kalshi over the last 24 hours:
- Will a representative of the Democratic party win the NYC Mayor race in 2025? (24h volume: 2873182)
- Donald Trump out this year? (24h volume: 660732)
- Will Jack Ciattarelli win the 2025 New Jersey gubernatorial election? (24h volume: 466293)
- Who will win the election in the Netherlands? (24h volume: 407678)
- Will the Fed cut rates 2 times? (24h volume: 362424)
- Will Curtis Sliwa drop out of the NYC Mayoral race? (24h volume: 190193)
- Will Democrats win VA Governor AND VA House of Delegates AND NJ Governor AND Mamdani wins NYC Mayor all win their elections? (24h volume: 183349)
- Will Trump make a new before Jan 1, 2026? (24h volume: 162303)
- Will a bill that removes/changes the gambling tax provision that OBBB becomes law before Jan 1, 2026? (24h volume: 150293)
- Will the Federal Reserve Hike rates by 0bps at their December 2025 meeting? (24h volume: 130085)
