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Markets bet on whether Gavin Newsom will win the next presidential election

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Kalshi has reported 4,546 in volume over the last 24 hours on their market for “Who will win the next presidential election?”, making it one of the hottest markets on the platform today.

The market currently is implying a 18% chance for "Gavin Newsom", which is neutral from yesterday, when the market implied a 18% probability.

If Gavin Newsom is the next person inaugurated as President for the term beginning in 2029, then the market resolves to Yes.

In total, this market has seen a volume of 315,444 transactions since it was first opened on May 10, 2025. There are 267,460 positions of open interest in this market, and the overall liquidity is sitting at 1,102,107,137 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:

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