When will Discord IPO?

Prediction markets currently give a 18% probability that When will Discord IPO?. This contract trades at 18¢ on Kalshi, closing August 1, 2026. The market is pricing a 23% probability of Discord IPO by August 2026, but the extremely high implied yield of 1,293% on the Yes side signals either severe underpricing or substantial tail risk that traders are demanding compensation for.

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18¢
Bid/Ask 17/26¢·Spread 9¢·Vol $0·OI $2,614·Closes Aug 1, 2026·101d remaining
KXIPODISCORD-26AUG01
7-day price108 snapshots · 2 regime
25¢17¢ current
Apr 82¢Apr 21

Analysis

4d ago

The market is pricing a 23% probability of Discord IPO by August 2026, but the extremely high implied yield of 1,293% on the Yes side signals either severe underpricing or substantial tail risk that traders are demanding compensation for. Volume is thin at $148 in 24 hours with a wide 10¢ spread, suggesting low liquidity and potential difficulty executing larger positions, while the dramatic 7-day price surge from 3¢ to 21¢ combined with 570% realized volatility indicates recent information arrival or sentiment shift that may not yet be fully reflected in the pricing. The 4.0 Cliff Risk Index and neutral regime suggest binary event risk dominates, making this a speculative position rather than a fundamental valuation play.

Resolution rules

If Discord confirms an IPO before Aug 1, 2026, then the market resolves to Yes.

Indicators

IY (Yes) 1759.4%
IY (No) 73.8%
Adj IY 1759%
CRI 5
RV 593%
VR 1.52
▶ Full indicator table (8)
IndicatorValue
IY (Yes)1759.4%
IY (No)73.8%
Adj IY1759%
CRI5
RV593%
VR1.52
IAR0.8/h
Overround4.4%

Regime

Label
neutral
Score
0.5
Spread
9¢
Computed
4/21/2026, 9:15:40 PM
Indicators computed 4/21/2026, 9:08:17 PM

Trade

View on kalshisf trade KXIPODISCORD-26AUG01 yes 100

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