Who will recognize Palestine?

Prediction markets currently give a 10% probability that Who will recognize Palestine?. This contract trades at 10¢ on Kalshi, closing January 1, 2027. This market shows extreme asymmetry with a 739% implied yield on the Yes side versus just 27% on the No side, suggesting either significant underpricing of Palestine recognition risk or a highly skewed risk appetite among traders.

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10¢
Bid/Ask 11/16¢·Spread 5¢·Vol $173.77·OI $4,197.67·Closes Jan 1, 2027·246d remaining
KXRECOGPALESTINE-27-ITA
7-day price566 snapshots · 5 regime
18¢11¢ current
Apr 145¢Apr 29

Analysis

12d ago

This market shows extreme asymmetry with a 739% implied yield on the Yes side versus just 27% on the No side, suggesting either significant underpricing of Palestine recognition risk or a highly skewed risk appetite among traders. The realized volatility of 1273% and volatile 7-day price movement from 10¢ to 16¢ indicate substantial uncertainty, though the low 24-hour volume of $718 and modest open interest of $4,128 raise liquidity concerns that could amplify price swings further. With 259 days to expiry and a cliff risk index of 5, this market appears sensitive to geopolitical developments, particularly any Italian government statements on Palestine recognition.

Cross-venue

Also on polymarket at 19¢-9¢)

View counterpart →Match confidence 0.78IY 634.7%Close-time delta 29h

Resolution rules

If Italy recognizes Palestine before Jan 1, 2027, then the market resolves to Yes.

Indicators

IY (Yes) 1198.7%
IY (No) 18.3%
Adj IY 1199%
CRI 8
RV 2333%
VR 7.47
▶ Full indicator table (8)
IndicatorValue
IY (Yes)1198.7%
IY (No)18.3%
Adj IY1199%
CRI8
RV2333%
VR7.47
IAR1.5/h
Overround0.1%

Regime

Label
neutral
Score
0.409
Spread
5¢
Computed
4/29/2026, 8:26:53 PM
Observability mediumEvent type political
Indicators computed 4/29/2026, 8:23:56 PM

Trade

View on kalshisf trade KXRECOGPALESTINE-27-ITA yes 100

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