SimpleFunctions
Winner-take-all answer·6 source contracts·Kalshi 6·refreshed just now·Closes Jan 1, 2027 · 102d

How many Senate members will vote Yea on a crypto market structure bill (as defined in KXCRYPTOSTRUCTURE)

Leader sits at 9% across 6 bound outcomes, runner-up at 8%. This is a winner-take-all market — the headline is the leader’s price, not an arithmetic mean.

Leader probability

9%

Above 58

runner-up 8¢leader 9¢

Outcomes

6

winner-take-all

Runner-up

Above 62

Spread

1pp

contested

24h volume

$431

thin orderbook

Closes

Jan 1, 2027

102 days

Venue

Kalshi

6 bound

30-day trend

0%50%100%-30d-3w-2w-1wtodayAbove 58: 9% (25 days, 25 points)Above 58: 9% on 2026-09-19Above 62: 8% (25 days, 17 points)Above 62: 8% on 2026-09-19Above 50: 6% (25 days, 24 points)Above 50: 6% on 2026-09-19
Above 589¢Above 628¢Above 506¢
Top 3 candidates by current price · 25d

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 reflects the current market-implied probability that more than 50 U.S. Senate members will vote in favor of a cryptocurrency market structure bill. At 9%, traders assess passage with substantial skepticism, suggesting meaningful legislative headwinds. The low probability likely reflects partisan divides over crypto regulation, competing legislative priorities, and uncertainty about whether any bill would secure bipartisan support sufficient to reach a simple majority. Upward pressure would come from explicit bipartisan sponsorship or floor scheduling signals. Downward pressure could follow procedural obstacles, competing bills, or statements from key voting blocs signaling opposition. Resolution depends on an actual Senate floor vote occurring on the defined bill.

  • Current Senate composition and demonstrated willingness of either party to prioritize crypto market structure legislation above competing priorities
  • Existence and status of co-sponsored legislation that meets the KXCRYPTOSTRUCTURE definition; absence of a formal bill would make passage impossible
  • Statements or voting record signals from swing-vote senators indicating support for or opposition to regulatory frameworks within the bill's scope
  • Competing legislative demands and calendar availability in the Senate for floor time allocation
  • Status of House passage or committee advancement of related crypto market structure bills that might indicate trajectory toward Senate floor consideration

What moved the line

  • Sep 17Above 5027pp325¢ · Kalshi
  • Sep 17Above 5821pp276¢ · Kalshi
  • Sep 17Above 5521pp276¢ · Kalshi
  • Sep 17Above 6019pp267¢ · Kalshi
  • Sep 17Above 6211pp176¢ · Kalshi

Recently closed in election 2026

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

More like this

Other questions in election 2026.

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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