Will legislation that creates a federal civil lawsuit right for victims of intimate deepfakes become law before Jan 1, 2027?

Prediction markets currently give a 62% probability that Will legislation that creates a federal civil lawsuit right for victims of intimate deepfakes become law before Jan 1.... This contract trades at 62¢ on Kalshi, closing January 1, 2027. The market is pricing in a substantial 68% probability for federal deepfake legislation by end-of-2026, but the extremely thin liquidity ($0.25 daily volume, $1.5k open interest) and wide 6¢ spread suggest this price may not reflect robust conviction.

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62¢
Bid/Ask 62/68¢·Spread 6¢·Vol $0.25·OI $1,497.75·Closes Jan 1, 2027·255d remaining
KXBILLS-DEFY
7-day price18 snapshots · 2 regime
63¢62¢ current
Apr 1562¢Apr 21

Analysis

4d ago

The market is pricing in a substantial 68% probability for federal deepfake legislation by end-of-2026, but the extremely thin liquidity ($0.25 daily volume, $1.5k open interest) and wide 6¢ spread suggest this price may not reflect robust conviction. The asymmetric yield profile—with No positions offering 229% annualized return versus 86% for Yes—indicates the market is compensating heavily for tail risk, possibly reflecting uncertainty about legislative momentum in a compressed 260-day timeframe despite recent policy attention to non-consensual intimate imagery.

Resolution rules

If legislation that creates a federal civil lawsuit right for victims of intimate deepfakes has become law before Jan 1, 2027, then the market resolves to Yes.

Indicators

IY (Yes) 87.8%
IY (No) 233.8%
Adj IY 117%
CRI 2
Overround 3.3%
▶ Full indicator table (5)
IndicatorValue
IY (Yes)87.8%
IY (No)233.8%
Adj IY117%
CRI2
Overround3.3%

Regime

Label
neutral
Score
0.5
Spread
6¢
Computed
4/21/2026, 9:30:13 PM
Indicators computed 4/21/2026, 9:23:17 PM

Trade

View on kalshisf trade KXBILLS-DEFY yes 100

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