Kalshi’s Dean Phillips nomination market holds steady with $1.5 million traded
Kalshi opened a market on Dean Phillips being the nominee for the Presidency for the Democratic party two days ago, priced at 0.5 percent, unchanged in 24 hours with 1.5 million dollars traded, according to the PredictionBubbles new-markets board.
Newly opened contract
A Kalshi contract on Dean Phillips becoming the Democratic party’s presidential nominee was priced at 0.5 percent, according to the PredictionBubbles new-markets board.
The update, published Nov 8, 2026 at 6:15 AM ET, said the market had opened two days earlier.
Price unchanged despite trading volume
The contract’s price was unchanged over 24 hours, according to PredictionBubbles. Reported trading volume stood at 1.5 million dollars.
The supplied summary does not identify the presidential election cycle or provide the contract’s settlement terms. Those omissions limit how precisely readers can interpret the nomination outcome being traded.
What it means for prediction markets
- The 0.5 percent price indicates a low market-implied likelihood for the specified Phillips nomination outcome, rather than certainty that it will not happen.
- The reported 1.5 million dollars in volume measures trading activity; it does not establish the number of participants or their conviction.
- An unchanged price over 24 hours shows no net movement across that period, but does not establish whether the price fluctuated within it.
Sources & attribution
- Published
- Source
- PredictionBubblespredictionbubbles.com
- Publisher
- https://predictionbubbles.com
- Source URL
- The feed did not publish this story's article address.
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