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Markets bet on whether Trump will send the National Guard to San Francisco in 2025

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Kalshi has reported 21,940 in volume over the last 24 hours on their market for “What cities will Trump send the National Guard to in 2025?”, making it one of the hottest markets on the platform today.

The market currently is implying a 16% chance for "San Francisco", which is neutral from yesterday, when the market implied a 16% probability.

If the National Guard is deployed to San Francisco before Jan 1, 2026, then the market resolves to Yes.

In total, this market has seen a volume of 59,157 transactions since it was first opened on August 13, 2025. There are 12,872 positions of open interest in this market, and the overall liquidity is sitting at 2,030,867 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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