SimpleFunctions

Before Jan 20, 2029 · Will Trump recognize

Before Jan 20, 2029 is priced at 12¢ on Kalshi. Current book: 12¢ bid, 17¢ ask, 5¢ spread. This outcome ranks #1 of 2 inside Will Trump recognize.

Price history

12¢ current

1¢
10¢20¢
May 28, 2026Jun 24, 2026

Contract brief

If the United States explicitly and formally recognizes the Republic of China as a sovereign state independent from any previously recognized country after Issuance and before Jan 20, 2029, the market resolves to Yes.

Outcome

Before Jan 20, 2029

Rank

#1 of 2

Leader

Before Jan 20, 2029 12¢

Range

4¢-12¢

Family volume

$0

Identifier

KXRECOGROC-29

Jun 25, 2026, 8:08 AM UTC · 18m ago

Implied probability

12¢
Latest venue quote
Jun 25, 2026, 8:08 AM UTC · 18m ago

Bid

12¢

Ask

17¢

Spread

Reported volume

$28K

Family rank

#1 of 2

2 outcomes · Will Trump recognize

Closes

Jan 20, 2029

Family volume

$0

Orderbook snapshot

12 / 17¢

Kalshi
5¢ spread
BidSize
12¢5
11¢125
10¢250
7¢150
7¢50
AskSize
17¢125
18¢50
19¢250
22¢150
24¢13

Contract terms

What resolves this market.

YES condition

If the United States explicitly and formally recognizes the Republic of China as a sovereign state independent from any previously recognized country after Issuance and before Jan 20, 2029, the market resolves to Yes.

Venue

Kalshi

Closes

Jan 20, 2029

Identifier

KXRECOGROC-29

SF Signal
SF Index
142.33
Regime
neutral

Event family

Will Trump recognize.

The same race as a probability stack: rank, volume, and where this contract sits against the other outcomes.

Total volume

$0

Outcomes

2

Highest price

Before Jan 20, 2029 12¢

Current share

Indicators

Yield, cliff risk, volatility, and regime.

Regime

neutral

Score

0.409

Observability

medium

Event type

political

Full indicator table

284.7%
5.3%
Adj IY
142%
7

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How we compute these odds

SimpleFunctions aggregates live prediction-market contracts from Kalshi and Polymarket. Each slug groups contracts that resolve on the same underlying event, identified by venue event_id.

For binary slugs, the headline probability is the liquidity-weighted mid-price across all bound contracts. For multi-outcome slugs (e.g. elections with 3+ candidates), the headline is the leader’s price; we never arithmetically average disjoint outcomes — that would produce a number with no real-world meaning.

Snapshots refresh every 5 minutes during market hours; daily aggregates are computed at 04:00 UTC. The 30-day sparkline is drawn from per-ticker daily means stored in market_indicator_daily; 24h delta and movement events are derived from the same source.