How Kalshi Event Contracts Settle

Event contracts settle to a dollar or to zero. There is no third print.

YES is $1 or $0. Partial exits are the only way to make a contract look like a stock. Read the resolution source before the crowd does.

A Kalshi event contract is not a share that can drift to $17. At expiry it is worth one dollar or nothing. Everything you do before that — scale in, scale out, flip from YES to NO — is just moving around that binary.

The resolution source in the rules is the whole product. “What the TV said” is not a source. “What a governor tweeted” is not a source unless the contract text says so. If you cannot name the document that pays $1, you do not have a view. You have a vibe.

People treat 62¢ like a forecast with a confidence interval. It is the last trade. Fees still come out. A winner bought at 62¢ pays $1 minus 62¢ minus the taker charge — not 38¢ even.

If you need the cash before expiry, you sell to someone else. That is a second trade with a second fee. Plan the exit when you plan the entry. StartKalshi does not place either one.

Event contracts settle to a dollar or to zero. There is no third print.

The event clock is Eastern Time. Your city does not move the print.

After the print, the book is thin. That is a limit-order problem.

The English contract is the product. A translation on this site is a map.