As of Nov 4, 2026, 9:26 AM ET, Polymarket priced this market at 7.5% (down from 22.5% 24 hours earlier). It had $121.9K traded in the past 24 hours, $82.7K of order-book liquidity and a bid-ask spread of 1.0 pts. probcast.co rates the support behind this price as strong.
Deep, easy-to-trade market; we can't yet see which accounts drove today's move.
Source: Polymarket price history
Is the move backed by real trading and depth?
The pricing is supported by healthy trading volume and market depth, a tight spread.
Has the market settled at the new probability?
The probability has held near its current level over the past several hours.
Will the rules resolve without ambiguity?
The resolution rules are relatively specific, with a named source and a defined deadline.
Two different questions: how hard the price is to move, and whose trading set it.
How hard is it to move this price?
Order-book liquidity
$82.7K
Bid-ask spread
1.0 pts
24h volume
$121.9K
Total volume
$532.5K
Lots of money on the book and a tight spread — a single ordinary order can't move this price much.
Whose opinion is this price?
Participation data isn't captured for this market yet.
Participation data isn't captured for this market yet, so we can't say how many accounts set this price.
This market will resolve to “Yes” if President Donald Trump formally declares a national emergency, pursuant to the National Emergencies Act, explicitly relating to interference in U.S. elections or election processes, by December 31, 2026, 11:59 PM ET.
This summary shows the opening of the venue's official rules. ProbCast has not yet generated an independent plain-English interpretation for this contract — review the full rules before relying on it.
This market will resolve to “Yes” if President Donald Trump formally declares a national emergency, pursuant to the National Emergencies Act, explicitly relating to interference in U.S. elections or election processes, by December 31, 2026, 11:59 PM ET. Otherwise, this market will resolve to “No.” A qualifying declaration must include formal language stating that a national emergency exists and must be issued under the National Emergencies Act (50 U.S.C. § 1621 et seq.). The declaration must explicitly reference interference in U.S. elections, election processes, election systems, voting procedures, ballots, or voting machines as the basis for the emergency. Statements, speeches, social media posts, draft orders, executive orders that do not formally declare a national emergency under the National Emergencies Act, or other actions that merely reference election interference without declaring a national emergency will not qualify. Renewals or extensions of previously existing national emergencies will not qualify unless the text is materially modified to explicitly relate to election interference. The primary resolution source will be the Federal Register and official White House publications, however a consensus of credible reporting may also be used.
The probability fell 15.0 percentage points over the last 24 hours (22.5% → 7.5%).
No verified catalyst has been linked to this move yet. ProbCast does not attribute moves to news without evidence connecting the timing of a specific report to the repricing.
The contract must resolve based on what has happened by this date.
Derived from the contract's own mechanics as of Nov 4, 9:26 AM ET. ProbCast does not list scheduled meetings, announcements, or data releases it cannot verify.
Research signals — these models are still accumulating the history needed for full validation, and they can disagree with the headline read. Model confidence: medium · expected error ±16 pts.
Liquid, two-sided, and calm. The current price reads as settled consensus — the latest print is a reasonable summary of what the market believes.
Read the latest price with caution; conditions make it an unreliable summary right now.
Short-term motion of the price line (~1h), distinct from the environment above — not a prediction of the final outcome.
A read-only classification of the market environment — how much weight the current price deserves as a read of consensus. It describes conditions, never a trade.