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Will Trump impose martial law before his term ends?

Live prices from Kalshi, ordered by what the market thinks. These are raw ask prices, what it actually costs to take the position, margin included.

OutcomeKalshi
Yes 24¢

Only outcomes with a live two-sided quote are shown. No Polymarket equivalent was matched with enough confidence to publish, so this page is Kalshi only. Prices as of Tue, 29 Sep 2026 20:26:50 UTC.

Your call

The market says 24%. It got there by making everyone who disagreed put money behind it. You do not have to, so this is the cheap version of the same question, and the interesting number is how far the two drift apart.

24%

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The record

What this market has cost every day since 3 January 2026, taken from the exchange's own published history. The line is the mid price, halfway between what a buyer would pay and a seller would take.

0 25 50 75 100 JanFebMarAprMayJunJulAugSept Before Jan 20, 202 33

Kalshi removes a contract from its interface once it settles and Polymarket buries closed events, so this page is the copy that stays put. We also record our own snapshot once a day, independently, because a history published by the house is worth checking against one kept by somebody with no position in it.

See this on Kalshi

What settles this

Settlement source
the Associated Press, Reuters, Axios, Politico, Semafor, The Information, The Washington Post, The Wall Street Journal, ABC, CBS, CNN, Fox News, MSNBC
Contract terms
Kalshi product certification (PDF)
Closes
Sat, 20 Jan 2029 15:00:00 UTC
Resolution
If martial law has been imposed in the United States before Jan 20, 2029, then the market resolves to Yes.
Ticker
KXMARTIAL-29JAN20

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