Ramp V Brex·closes in 162mo

Will Ramp or Brex IPO first?

YES means Brex

24h volume
0
15.0k lifetime
Open interest
4,206
Spread
869 × 157 at the touch
24h range
16 recent trades
Chance of YES
3%

A YES contract costs and pays $1 if it happens.

NO
97%

costs 97¢

YES bid / ask
/
NO bid / ask
92¢ / 97¢
Recent buying7% YES · 93% NO
What Galdor thinks

An independent read of this market

1Reads the rules literallySettlement source, close time, and the edge cases that flip an outcome.
2Checks the tape and the webOrder book, flow, price history, then targeted searches with sources.
3Gives a straight answerA probability with a band, and one of four calls: YES, NO, wait, or stay out.

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.

Not enough history to chart.

Order book

Resting orders, both sides shown as YES prices. Bars are size.

Yes ask (no bid)SizeYes
  • ask1,00075¢
  • ask30050¢
  • ask1,17349¢
  • ask30030¢
  • ask1127¢
  • ask24416¢
  • ask500
  • ask157
spreadmid
  • bid869
  • bid196
  • bid2,690
Yes bid (no ask)SizeYes

How this market resolves

Verbatim from Kalshi. Read this before the price.

If Brex confirms an IPO first, before Jan 1, 2040, then the market resolves to Yes.

opened
Aug 6, 2025 · 11:45 PM UTC
closes
Jan 1, 2040 · 4:59 AM UTC · may close early
settles by
Jan 1, 2040 · 3:00 PM UTC
ticker
KXRAMPBREX-40-BREX
Trade it on kalshi.com

Other outcomes in this event

Outcomes in this event settle independently.

Recent trades

Over the last 16 trades, 7% of contracts were bought on the YES side.

WhenYESContractsSide
1d ago81bought no
8d ago0.2bought yes
9d ago0.1bought yes
12d ago4bought no
17d ago4bought yes
22d ago1.34bought no
28d ago5bought yes
1mo ago401bought no
1mo ago1bought yes
1mo ago22bought no
2mo ago13bought yes
2mo ago21bought yes
2mo ago15bought no
2mo ago11bought yes
2mo ago51bought no

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.