When will Discord IPO?

Prediction markets currently give a 2% probability that When will Discord IPO?. This contract trades at 2¢ on Kalshi, closing July 1, 2026. This market shows extreme illiquidity with zero 24-hour volume and a wide 8¢ spread despite modest open interest of $2,434.59, making it difficult to execute meaningful positions.

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2¢
Bid/Ask 5/12¢·Spread 7¢·Vol $0·OI $1,859.59·Closes Jul 1, 2026·70d remaining
KXIPODISCORD-26JUL01
7-day price56 snapshots · 13 regime
20¢5¢ current
Apr 85¢Apr 17

Analysis

4d ago

This market shows extreme illiquidity with zero 24-hour volume and a wide 8¢ spread despite modest open interest of $2,434.59, making it difficult to execute meaningful positions. The implied probability of 14% has nearly doubled over seven days (from 6¢ to 13¢), suggesting either genuine conviction about an IPO or thin-market price volatility, though the neutral regime score of 0.409 indicates no strong directional bias. The asymmetric implied yields (3249% for Yes vs. 72.5% for No) reflect the low base rate, but with 75 days to expiry and a high cliff risk index of 7, this market is better suited for conviction traders than liquidity seekers.

Resolution rules

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

Indicators

IY (Yes) 9867.0%
IY (No) 27.3%
Adj IY 4933%
CRI 19
Overround 4.4%
▶ Full indicator table (5)
IndicatorValue
IY (Yes)9867.0%
IY (No)27.3%
Adj IY4933%
CRI19
Overround4.4%

Regime

Label
neutral
Score
0.409
Spread
7¢
Computed
4/21/2026, 9:15:36 PM
Observability lowEvent type financial
Indicators computed 4/21/2026, 9:08:17 PM

Trade

View on kalshisf trade KXIPODISCORD-26JUL01 yes 100

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