When will Anduril IPO?

Prediction markets currently give a 4% probability that When will Anduril IPO?. This contract trades at 4¢ on Kalshi, closing May 1, 2026. The market is pricing an extremely low 4% probability of an Anduril IPO by May 2026, yet the Yes side offers a staggering 61,956% implied yield—a massive asymmetry suggesting either severe illiquidity or mispricing given the defense contractor's known IPO ambitions.

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4¢
Bid/Ask 0/1¢·Spread 1¢·Vol $0·OI $1,486·Closes May 1, 2026·9d remaining
KXIPOANDURIL-26MAY01

Analysis

4d ago

The market is pricing an extremely low 4% probability of an Anduril IPO by May 2026, yet the Yes side offers a staggering 61,956% implied yield—a massive asymmetry suggesting either severe illiquidity or mispricing given the defense contractor's known IPO ambitions. With only $0 in 24-hour volume, $1,486 open interest, and 14 days to expiration, this market lacks meaningful liquidity and the extreme yield likely reflects the wide 1¢ spread rather than genuine edge. The high cliff risk index of 24 combined with neutral regime conditions indicates elevated uncertainty around the binary outcome near expiry.

Resolution rules

If Anduril confirms an IPO before May 1, 2026, then the market resolves to Yes.

Indicators

IY (Yes) 93920.9%
IY (No) 163.1%
Adj IY 46960%
CRI 24
Overround -0.1%
▶ Full indicator table (5)
IndicatorValue
IY (Yes)93920.9%
IY (No)163.1%
Adj IY46960%
CRI24
Overround-0.1%

Regime

Label
neutral
Score
0.5
Spread
1¢
Computed
4/21/2026, 8:12:34 PM
Indicators computed 4/21/2026, 8:08:17 PM

Trade

View on kalshisf trade KXIPOANDURIL-26MAY01 yes 100

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