Will Laila Cunningham win the 2028 London mayoral election?

This market shows extreme asymmetry between the Yes and No implied yields (110% vs 9.8%), suggesting either significant underpricing of Cunningham's chances or substantial tail risk priced into the Yes side. With zero 24-hour volume and only $338.01 open interest, liquidity is critically low, making the 23¢ price potentially unreliable and subject to wide slippage on any meaningful trade. The market has over three years until expiration with a neutral regime and minimal recent price movement, indicating this is a speculative position with limited market conviction rather than an actively traded contract.

Resolution rules

If Laila Cunningham wins the 2028 London mayoral election, then the market resolves to Yes.

Indicators

Regime

Trade