Ramp V Brex·closes in 162mo

Will Ramp or Brex IPO first?

YES means Ramp

24h volume
0
8,485 lifetime
Open interest
2,662
−5 over 7d
Spread
500 × 505 at the touch
24h range
35 recent trades
Chance of YES
82%

A YES contract costs 90¢ and pays $1 if it happens.

NO
18%

costs 18¢

YES bid / ask
82¢ / 90¢
NO bid / ask
10¢ / 18¢
Recent buying25% YES · 75% 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.

25¢50¢75¢100¢volSep 14Sep 20

Order book

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

Yes ask (no bid)SizeYes
  • ask1,21298¢
  • ask3096¢
  • ask50590¢
spreadmid 86¢
  • bid50082¢
  • bid2,22413¢
  • bid4912¢
  • bid111¢
  • bid2,22210¢
  • bid4,500
Yes bid (no ask)SizeYes

How this market resolves

Verbatim from Kalshi. Read this before the price.

If Ramp 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-RAMP
Trade it on kalshi.com

Other outcomes in this event

Outcomes in this event settle independently.

Recent trades

Over the last 35 trades, 25% of contracts were bought on the YES side.

WhenYESContractsSide
3d ago82¢5bought no
3d ago90¢5bought yes
5d ago82¢12bought no
5d ago90¢2bought yes
11d ago91¢6bought yes
13d ago90¢7.33bought yes
13d ago90¢4.93bought yes
15d ago90¢5bought yes
16d ago90¢68bought yes
17d ago82¢1bought no
25d ago82¢2bought no
25d ago82¢2bought no
29d ago90¢10bought yes
29d ago90¢1.1bought yes
1mo ago90¢1bought 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.