SimpleFunctions
Winner-take-all answer·3 source contracts·Kalshi 3·refreshed just now·Closes Jan 21, 2029 · 854d

Will the United States acquire any territory not under its sovereignty (as of Issuance) before Jan 21, 2029

Leader sits at 20% across 3 bound outcomes, runner-up at 12%. This is a winner-take-all market — the headline is the leader’s price, not an arithmetic mean.

Leader probability

20%

Before Jan 21, 2029

0¢runner-up 12¢leader 20¢

Outcomes

3

winner-take-all

Runner-up

12¢

Before Jan 2028

Spread

8pp

contested

24h volume

$2K

modest

Closes

Jan 21, 2029

854 days

Venue

Kalshi

3 bound

30-day trend

0%50%100%-30d-3w-2w-1wtodayBefore Jan 21, 2029: 22% (15 days, 3 points)Before Jan 21, 2029: 22% on 2026-08-24Before Jan 2028: 12% (15 days, 9 points)Before Jan 2028: 12% on 2026-09-19Before Jan 2027: 5% (15 days, 5 points)Before Jan 2027: 5% on 2026-08-30
Before Jan 21, 202922¢Before Jan 202812¢Before Jan 20275¢
Top 3 candidates by current price · 15d

Bracket family

How the bracket ladder is priced.

Each row is one outcome on the venue. Sorted by 24h volume — the heaviest book is at the top.

Analysis

This market asks whether the United States will acquire territory outside its current sovereignty by January 21, 2029—a roughly 2.3-year window. The 21% probability reflects traders' assessment that territorial acquisition is unlikely but non-negligible. The low probability reflects the rarity of sovereignty transfers in modern international law, though it could rise if geopolitical tensions escalate or if existing territorial disputes (such as regarding Greenland, Canada, or Panama Canal control) become active policy priorities. The main uncertainty resolves through either a formal territorial acquisition occurring before the deadline or the date passing without one. Shorter-term contracts pricing at 4-13% suggest traders assign minimal probability to near-term acquisition, concentrating expected risk toward late 2028 or early 2029.

  • ›Current U.S. policy statements and official positions on territorial expansion or acquisition
  • ›Geopolitical events or major shifts in U.S. foreign policy direction between now and January 2029
  • ›International law and precedent: voluntary cessions of territory by other nations are extremely rare in the 21st century
  • ›Specific territorial disputes or historical claims that could plausibly become active negotiation topics
  • ›Definition and verification: what legally constitutes a recognized acquisition of sovereignty versus informal control or influence

Recently closed in general

These markets stopped trading. Last odds and any captured outcome are shown above — full settlement detail lives at the venue.

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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.

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