Will Trump run in 2028?

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10%
20 markets·Kalshi + Polymarket

Kalshi

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9%

12 contracts

Polymarket

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12%

8 contracts

Cross-venue gap3¢

Analysis

Prediction markets assign a low probability to Donald Trump announcing a run for the 2028 presidency, with only a 25% chance of an announcement before November 2028 and a 15% chance before January 2028. There is also currently a 24% market-implied probability that he will resign before his current term concludes. Investors are simultaneously monitoring political stability, with a 40% chance of executive action regarding a national emergency around the 2026 midterms.

  • 25% chance of 2028 run announcement
  • 24% probability of resignation
  • 40% risk of 2026 midterm emergency declaration
  • Political instability monitoring

Contracts

Democratic Presidential Nominee 2028: Mark Kelly

P$743K
3¢

Presidential Election Winner 2028: Marco Rubio

P$147K
11¢

Democratic Presidential Nominee 2028: Gavin Newsom

P$118K
27¢

Republican Presidential Nominee 2028: Tucker Carlson

P$82K
5¢

Democratic Presidential Nominee 2028: Josh Shapiro

P$67K
4¢

Republican Presidential Nominee 2028: Ron DeSantis

P$66K
3¢

Republican Presidential Nominee 2028: J.D. Vance

P$61K
39¢

Will Pete Buttigieg be the Democratic Presidential nominee in 2028?: Pete Buttigieg

K$59K
6¢

Presidential Election Winner 2028: Donald Trump

P$21K
4¢

Who will run for the Republican presidential nomination in 2028?: Donald J. Trump

K$117
14¢

Will a Trump family member the 2028 Republican presidential nominee?: Before 2028

K$82
12¢

Will Donald Trump announce a run for President of the United States before Nov 7, 2028?: Before Election Day

K$5
22¢

Who will run for the Republican presidential nomination in 2028?: Donald J. Trump Jr.

K$1
23¢

Will JD Vance and Donald Trump Jr. be the 2028 Republican Presidential ticket?: JD Vance and Donald Trump Jr.

K$0
3¢

Will Marco Rubio and Donald Trump Jr. be the 2028 Republican Presidential ticket?: Marco Rubio and Donald Trump Jr.

K$0
3¢

Will Donald Trump Jr. and Marco Rubio be the 2028 Republican Presidential ticket?: Donald Trump Jr. and Marco Rubio

K$0
3¢

Will Donald Trump announce a run for President of the United States before Jan 1, 2028?: Before 2028

K$0
13¢

Will Donald Trump and Marco Rubio be the 2028 Republican Presidential ticket?: Donald Trump and Marco Rubio

K$0
3¢

Will Marco Rubio and Donald Trump be the 2028 Republican Presidential ticket?: Marco Rubio and Donald Trump

K$0
3¢

Will JD Vance and Donald Trump be the 2028 Republican Presidential ticket?: JD Vance and Donald Trump

K$0
3¢

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