Who will run for the Democratic presidential nomination in 2028?

This Dean Phillips nomination market shows extreme illiquidity with zero 24-hour volume and only $702 open interest, making the 28¢ price potentially unreliable despite the 207% implied yield on the Yes side. The astronomical 4676% realized volatility and 12.45 vol ratio suggest wild price swings driven by minimal trading activity rather than genuine probability shifts, with the recent 7-day movement from 21¢ to 22¢ likely reflecting thin-market noise. With 625 days until expiration and a Cliff Risk Index of 4, this contract remains highly speculative and illiquid for serious position-taking.

Resolution rules

If Dean Phillips announces a presidential campaign to contest the presidential nomination of the Democratic party for the 2028 U.S. presidential election before Jan 1, 2028,, then the market resolves to Yes.

Indicators

Regime

Trade