Verbatim from the venue. The analyst must quote these, never paraphrase.
If the Federal Reserve does a Hike of 25bps on December 08, 2027, then the market resolves to Yes.
This market is mutually exclusive. Therefore, if the Federal Reserve hikes by 50bps, the 50bps market will resolve to Yes and the 25bps market will resolve to No. Only one bucket, at maximum, can resolve to Yes. Note 4/28/25: For the markets beginning after the May meeting, if a scheduled FOMC meeting is canceled and does not occur on its scheduled date, then the strike for "Fed maintains rate" will resolve to Yes and all others will resolve to No.
opens
Oct 6, 2025 · 2:00 PM UTC
closes
Dec 8, 2027 · 6:59 PM UTC · may close early
expires
Dec 8, 2027 · 7:05 PM UTC
Recent trades
Most recent first. Price is the YES side.
Time
Yes
No
Size
Taker
11h ago
6¢
94¢
5.26
no
11h ago
Raw payload
Exactly what the API returned for this market.
Show JSON
market41
can_close_earlytrue
close_time2027-12-08T18:59:00Z
created_time2025-10-02T21:52:54.966911Z
custom_strike1
Order book
Top of book, both sides expressed as YES prices.
Yes ask (no bid)SizeYes
ask157¢
ask39054¢
ask12653¢
ask11252¢
ask9551¢
ask9829¢
ask30026¢
ask39525¢
spread18¢mid 16¢
bid197¢
bid4.746¢
bid85¢
bid84¢
bid283¢
bid4422¢
bid2,0051¢
Yes bid (no ask)SizeYes
7¢
93¢
8
no
11h ago
8¢
92¢
7.74
no
24h ago
25¢
75¢
18
yes
24h ago
25¢
75¢
156
yes
2d ago
8¢
92¢
0.26
no
2d ago
9¢
91¢
0.74
no
3d ago
21¢
79¢
2
no
4d ago
23¢
77¢
6
no
9d ago
9¢
91¢
0.26
no
17d ago
9¢
91¢
3
yes
18d ago
9¢
91¢
20
yes
29d ago
7¢
93¢
6
no
29d ago
7¢
93¢
1
no
29d ago
8¢
92¢
7
no
1mo ago
14¢
86¢
34
yes
1mo ago
14¢
86¢
12
yes
1mo ago
37¢
63¢
1
no
1mo ago
36¢
64¢
1
no
1mo ago
35¢
65¢
1
no
1mo ago
34¢
66¢
1
no
1mo ago
34¢
66¢
3
no
1mo ago
35¢
65¢
2
no
2mo ago
8¢
92¢
1
no
2mo ago
8¢
92¢
1
no
Hike
25
event_tickerKXFEDDECISION-27DEC
exchange_index0
expected_expiration_time2027-12-08T19:05:00Z
expiration_time2028-03-08T19:01:00Z
expiration_value
last_price_dollars0.0600
latest_expiration_time2028-03-08T19:01:00Z
liquidity_dollars0.0000
market_typebinary
no_ask_dollars0.9300
no_bid_dollars0.7500
no_sub_titleHike 25bps
notional_value_dollars1.0000
open_interest_fp1158.45
open_time2025-10-06T14:00:00Z
previous_price_dollars0.0800
previous_yes_ask_dollars0.2600
previous_yes_bid_dollars0.0800
price_level_structurelinear_cent
price_ranges1
[0]3
end1.0000
start0.0000
step0.0100
result
rules_primaryIf the Federal Reserve does a Hike of 25bps on December 08, 2027, then the market resolves to Yes.
rules_secondaryThis market is mutually exclusive. Therefore, if the Federal Reserve hikes by 50bps, the 50bps market will resolve to Yes and the 25bps market will resolve to No. Only one bucket, at maximum, can resolve to Yes. Note 4/28/25: For the markets beginning after the May meeting, if a scheduled FOMC meeting is canceled and does not occur on its scheduled date, then the strike for "Fed maintains rate" will resolve to Yes and all others will resolve to No.
settlement_timer_seconds297
statusactive
strike_typecustom
subtitleHike 25bps
tickerKXFEDDECISION-27DEC-H25
titleWill the Federal Reserve Hike rates by 25bps at their December 2027 meeting?