Will the US default on its debt by Dec 31, 2026?
YES means Defaults
- 24h volume
- 0
- 1,655 lifetime
- Open interest
- 1,186
- +0 over 7d
- Spread
- 2¢
- 254 × 2,983 at the touch
- 24h range
- –
- 7 recent trades
A YES contract costs 3¢ and pays $1 if it happens.
costs 99¢
An independent read of this market
Generated by an AI analyst from live exchange data and public web sources. Research and analytics, not investment advice. Markets can move after this was written.
Price history
YES price per candle with the bid/ask band, volume underneath. Times in UTC.
Order book
Resting orders, both sides shown as YES prices. Bars are size.
- ask26495¢
- ask5,00095¢
- ask124¢
- ask3,00015¢
- ask2007¢
- ask8204¢
- ask3943¢
- ask2,9833¢
- bid2541¢
- bid2100¢
- bid1,0000¢
How this market resolves
Verbatim from Kalshi. Read this before the price.
If the U.S. Department of the Treasury announces that the United States Federal Government failed to make a scheduled payment on a Treasury note, bond, or bill; or that one of the three major credit ratings agencies designate any United States debt in any form of default, before 2027, then the market resolves to Yes.
- opened
- Mar 12 · 2:00 PM UTC
- closes
- Jan 1, 2027 · 4:59 AM UTC · may close early
- settles by
- Jan 1, 2027 · 3:00 PM UTC
- ticker
- KXDEFAULT-26DEC31
This event
Outcomes in this event settle independently.
This is the only market in US defaults before 2027?.
Recent trades
Over the last 7 trades, 88% of contracts were bought on the YES side.
| When | YES | Contracts | Side |
|---|---|---|---|
| 15d ago | 3¢ | 18 | bought yes |
| 20d ago | 3¢ | 106 | bought yes |
| 27d ago | 3¢ | 220 | bought yes |
| 2mo ago | 3¢ | 17 | bought yes |
| 2mo ago | 1¢ | 53 | bought no |
| 2mo ago | 3¢ | 17 | bought yes |
| 2mo ago | 4¢ | 17 | bought yes |
Prices are YES cost in cents and approximate the market’s implied probability. Data is read live from the Kalshi Trade API on every page load. galdor.xyz places no orders and holds no positions. Research and analytics, not investment advice.