Kalshi is the first regulated platform in the US where you can trade on events, just like stocks. Think of it as the NYSE, but for things you relate to, care about, and understand.
Before 2026
$5,309vol
Order book
Order book
Rules summary
If Tether falls below $0.95 for at least one minute before 11:59 PM ET on Dec 31, 2025, then the market resolves to Yes. Outcome verified from CF Benchmarks.
The Contract is settled by taking an average of CF Benchmarks' Tether Real-Time Index in any sixty second period. Prices from outside traditional market hours (e.g. nights and weekends) do count towards the Contract's expiration.