Who will run for the Democratic presidential nomination in 2028?

46¢
Bid/Ask 46/51¢·Spread 5¢·Vol $1·OI $4,723.44·Closes Jan 1, 2028·624d remaining
KX2028DRUN-28-ESLO
7-day price23 snapshots · 3 regime
47¢32¢Apr 10Apr 16

Analysis

AI-generated · updated daily

This Elissa Slotkin nomination market shows a sharp 44% price surge over seven days (32¢ to 46¢), suggesting recent positive news catalysts, though the extremely thin $1 daily volume and wide 5¢ spread indicate severe illiquidity that could amplify volatility. The 68.6% implied yield on the Yes side is notably elevated relative to the 34% risk-adjusted return, reflecting the market's uncertainty and the substantial time remaining until the January 1, 2028 deadline (625 days). With only $4,723 in open interest and a cliff risk index of 1, this appears to be a niche position with limited market depth and potential for sharp repricing on any campaign announcements.

Resolution rules

If Elissa Slotkin 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

IY (Yes) 68.7%
IY (No) 49.8%
Adj IY 34%
CRI 1
Overround 13.3%
▶ Full indicator table (5)
IndicatorValue
IY (Yes)68.7%
IY (No)49.8%
Adj IY34%
CRI1
Overround13.3%

Regime

Label
neutral
Score
0.341
Spread
5¢
Computed
4/17/2026, 1:43:02 PM
Observability lowEvent type political
Indicators computed 4/17/2026, 1:38:50 PM

Trade

View on kalshisf trade KX2028DRUN-28-ESLO yes 100

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