Which city will host the 2028 Democratic national convention?

Prediction markets currently give a 17% probability that Which city will host the 2028 Democratic national convention?. This contract trades at 17¢ on Kalshi, closing August 7, 2028. This contract on Denver hosting the 2028 Democratic convention shows extremely thin liquidity with only $1,229 open interest and zero 24-hour volume, making the 7¢ spread unreliable for meaningful price discovery.

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17¢
Bid/Ask 16/22¢·Spread 6¢·Vol $0·OI $1,229·Closes Aug 7, 2028·838d remaining
KXDNC28HOST-28-DEN
7-day price33 snapshots · 2 regime
17¢16¢ current
Apr 816¢Apr 17

Analysis

5d ago

This contract on Denver hosting the 2028 Democratic convention shows extremely thin liquidity with only $1,229 open interest and zero 24-hour volume, making the 7¢ spread unreliable for meaningful price discovery. The 211.2% implied yield on the Yes side is artificially inflated due to the low price and illiquidity rather than reflecting genuine market conviction, while the 106% risk-adjusted yield suggests the market hasn't efficiently priced this event nearly four years out. With 844 days to expiry and a neutral regime, this market lacks the volume needed for confident position-taking, though the modest 1¢ price movement over seven days indicates minimal recent trading activity.

Resolution rules

If Denver hosts the 2028 Democratic national convention, then the market resolves to Yes.

Indicators

IY (Yes) 228.7%
IY (No) 8.3%
Adj IY 71%
CRI 5
Overround -0.1%
LAS 0.38
▶ Full indicator table (6)
IndicatorValue
IY (Yes)228.7%
IY (No)8.3%
Adj IY71%
CRI5
Overround-0.1%
LAS0.38

Regime

Label
neutral
Score
0.5
Spread
6¢
Computed
4/22/2026, 4:34:21 PM
Has orderbookIndicators computed 4/22/2026, 4:23:23 PM

Trade

View on kalshisf trade KXDNC28HOST-28-DEN yes 100

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