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Ramp V Brex·closes in 160mo

Will Ramp or Brex IPO first?

YES means Brex

24h volume
0
17.6k lifetime
Open interest
2,991
−1,719 over 90d
Spread
6¢
500 × 423 at the touch
24h range
2¢ – 9¢
Chance of YES
2%

A YES contract costs 7¢ and pays $1 if it happens.

NO
98%

costs 99¢

YES bid / ask
1¢ / 7¢
NO bid / ask
93¢ / 99¢
24h low 2¢24h high 9¢
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.

24h7d30d90d
0¢5¢10¢15¢volAug 7Nov 4

Order book

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

Yes ask (no bid)SizeYes
  • ask1,00094¢
  • ask680¢
  • ask2,76879¢
  • ask1127¢
  • ask116¢
  • ask5009¢
  • ask1578¢
  • ask4237¢
spread6¢mid 4¢
  • bid5001¢
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.

Settlement sources
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.

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.