Kalshi has reported 31,340 in volume over the last 24 hours on their market for “Will government spending decrease by 1 before 2025?”, making it one of the hottest markets on the platform today.
The market currently is implying a 25% chance for "At least 1 billion", which is down from yesterday, when the market implied a 26% probability.
If government spending decreases by at least $1 billion during Q4 2024 to Q4 2025, then the market resolves to Yes.
In total, this market has seen a volume of 1,028,023 transactions since it was first opened on February 25, 2025. There are 280,371 positions of open interest in this market, and the overall liquidity is sitting at 12,189,904 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 the Federal Reserve Hike rates by 0bps at their October 2025 meeting? (24h volume: 384861)
- Will a representative of the Democratic party win the NYC Mayor race in 2025? (24h volume: 364612)
- Will the Republican party win the governorship in New Jersey (24h volume: 198433)
- Will the federal government shut down for more than 25 days? (24h volume: 193300)
- Donald Trump out this year? (24h volume: 138875)
- Wil Graham Platner be the Democratic nominee for the Senate in Maine? (24h volume: 94857)
- Will average **gas prices** be above $3.05? (24h volume: 92658)
- Will Curtis Sliwa drop out of the NYC Mayoral race? (24h volume: 81511)
- Will Democrats win VA Governor AND VA House of Delegates AND NJ Governor AND Mamdani wins NYC Mayor all win their elections? (24h volume: 78631)
- Who will win the Bolivian presidential election? (24h volume: 75815)
