Will Bad Bunny be a Headliner at Lollapalooza Chicago 2026?

Prediction markets currently give a 6% probability that Will Bad Bunny be a Headliner at Lollapalooza Chicago 2026?. This contract trades at 6¢ on Kalshi, closing December 31, 2026. This market shows extreme mispricing with an 8¢ price generating a staggering 1,626% implied yield on the Yes side, suggesting either severe undervaluation or structural issues with the contract design.

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6¢
Bid/Ask 5/6¢·Spread 1¢·Vol $382.75·OI $38,288.07·Closes Dec 31, 2026·246d remaining
KXROLEATEVENTLOLLA-26DEC31-BAD
7-day price323 snapshots · 62 regime
32¢5¢ current
Apr 85¢Apr 28

Analysis

12d ago

This market shows extreme mispricing with an 8¢ price generating a staggering 1,626% implied yield on the Yes side, suggesting either severe undervaluation or structural issues with the contract design. The 915% realized volatility and 2.32 vol ratio indicate wild price swings despite the flat 7-day price action, while the modest $1,301 daily volume and $33,906 open interest reveal dangerously thin liquidity that could amplify slippage on meaningful trades. With 258 days to expiry and a 0.5/hour information arrival rate, the market has ample time for festival lineups to materialize, but the extreme yield asymmetry and elevated cliff risk (12) suggest this contract may be mispriced relative to Bad Bunny's actual probability of headlining.

Resolution rules

If Bad Bunny is the Headliner at Lollapalooza Chicago 2026, then the market resolves to Yes.

Indicators

IY (Yes) 2822.7%
IY (No) 7.8%
Adj IY 1411%
CRI 19
Overround 0.3%
▶ Full indicator table (5)
IndicatorValue
IY (Yes)2822.7%
IY (No)7.8%
Adj IY1411%
CRI19
Overround0.3%

Regime

Label
neutral
Score
0.5
Spread
1¢
Computed
4/29/2026, 12:27:55 PM
Observability mediumEvent type cultural
Indicators computed 4/29/2026, 12:23:26 PM

Trade

View on kalshisf trade KXROLEATEVENTLOLLA-26DEC31-BAD yes 100

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