Will Noah Kahan be 1 on the Any Spotify Daily Top Songs USA chart in April 2026?

24¢
Bid/Ask 6/9¢·Spread 3¢·Vol $1,430.74·OI $18,862.9·Closes May 1, 2026·12d remaining
KXRANKLISTSONGSPOTUSA-26MAY01-NOA
7-day price214 snapshots · 12 regime
64¢5¢Apr 8Apr 19

Analysis

AI-generated · updated daily

This market exhibits extreme distress signals with the price collapsing 90% over seven days (from 63¢ to 6¢), now trading at 24¢ with a nonsensical 46,902% implied yield on the Yes side—a mathematical artifact of prices near zero rather than genuine expected value. The 7¢ spread and modest $1,476.50 daily volume on $18,862.90 open interest suggest thin liquidity that may not support reliable pricing, while the cliff risk index of 16 and realized volatility of 3,846% indicate this contract has experienced severe repricing events, likely driven by new information about Noah Kahan's chart prospects rather than normal market dynamics. With only 12 days to expiration and resolution tied to April 2026 performance, the current 24% probability appears to reflect capitulation selling rather than fundamental reassessment.

Resolution rules

If Noah Kahan has a #1 song on Any Spotify Daily Top Songs USA chart in April 2026, then the market resolves to Yes.

Indicators

IY (Yes) 39977.6%
IY (No) 226.5%
Adj IY 0%
CRI 13
RV 3727%
VR 4.36
▶ Full indicator table (9)
IndicatorValue
IY (Yes)39977.6%
IY (No)226.5%
Adj IY0%
CRI13
RV3727%
VR4.36
IAR1.2/h
Overround0.2%
LAS1.00

Regime

Label
neutral
Score
0.386
Spread
3¢
Computed
4/19/2026, 10:55:04 AM
Observability mediumEvent type cultural
Has orderbookIndicators computed 4/19/2026, 10:53:34 AM

Trade

View on kalshisf trade KXRANKLISTSONGSPOTUSA-26MAY01-NOA yes 100

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