Before Jan 20, 2029 · Will Trump recognize Somaliland?: Before
Before Jan 20, 2029 is priced at 67¢ on Kalshi. Current book: 59¢ bid, 64¢ ask, 5¢ spread. This outcome ranks #1 of 2 inside Will Trump recognize Somaliland?: Before.
Price history
67¢ current
+6¢Contract brief
If the United States explicitly and formally recognizes Somaliland 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 59¢
Range
12¢-59¢
Family volume
$100
Identifier
KXRECOGSOMALI-29
Jun 25, 2026, 2:38 AM UTC · 2m ago
Implied probability
Bid
59¢
Ask
64¢
Spread
5¢
Reported volume
$15K
Family rank
#1 of 2
2 outcomes · Will Trump recognize Somaliland?: Before
Closes
Jan 20, 2029
Family volume
$100
Orderbook snapshot
59 / 64¢
Contract terms
What resolves this market.
YES condition
If the United States explicitly and formally recognizes Somaliland 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
KXRECOGSOMALI-29
Event family
Will Trump recognize Somaliland?: Before.
The same race as a probability stack: rank, volume, and where this contract sits against the other outcomes.
Total volume
$100
Outcomes
2
Highest price
Before Jan 20, 2029 59¢
Current share
0%
Before Jan 20, 2029
kalshi · KXRECOGSOMALI-29
Before 2027
kalshi · KXRECOGSOMALI-29-27
Indicators
Yield, cliff risk, volatility, and regime.
Regime
neutral
Score
0.409
Observability
medium
Event type
political
Related readings
Matched from SimpleFunctions blog, opinions, technical guides, concepts, and learn pages.
Maker / Taker Regime in Prediction Markets: How to Read the Orderbook State
Three regime states (maker-dominated, taker-dominated, neutral) and how to read which one a Kalshi or Polymarket contract is in. Strategy follows regime, not thesis.
Kalshi vs Polymarket: Which Prediction Market Should You Trade?
In-depth comparison of Kalshi and Polymarket for prediction market traders. Regulatory structure, liquidity, fees, API tooling, and cross-venue trading with SimpleFunctions.
Prediction Market Orderbook Analysis: Reading Depth, Spread, and Liquidity
How to read prediction market orderbooks. Binary settlement, spread-as-percentage, depth asymmetry, executable edge calculation, and cross-venue arbitrage analysis.
Kalshi vs Polymarket: A Developer's Comparison of APIs, Orderbooks, and Liquidity
Data-driven comparison of Kalshi and Polymarket APIs, orderbooks, rate limits, and liquidity. Code examples for building on both prediction markets.
Liquidity Availability Is the Real Edge in Prediction Markets
Implied yield, cliff risk, and overround all describe what to trade. Liquidity Availability Score describes whether the orderbook can absorb the trade. Why LAS is the indicator that decides who actually books P&L.
Implied Yield vs Raw Probability: Why Bond-Adjacent Prediction Markets Need a Different Lens
Why fixed-income-adjacent prediction-market contracts need to be priced in implied yield, not raw probability, with two real Kalshi Fed-decision contracts as a case study.
SimpleFunctions context
Index, screen, query, and monitor.
Prediction Market Index
Market-wide volatility, geo risk, breadth, and activity around this contract.
Market Screener
Filter adjacent contracts by volume, expiry, IY, CRI, venue, and theme.
Event Probability API
Read 67% as a structured event probability object for agents and apps.
Realtime Data API
Prices, orderbooks, movement, heat, and liquidity indicators across venues.
World State API
Compact market-aware context packets for agent sessions and scheduled refresh.
Hedging Workflows
Map a thesis or exposure to candidate event markets and monitoring paths.
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.