As of Oct 20, 2026, 7:43 PM ET, Polymarket priced this market at 63.5% (down from 75.5% 24 hours earlier). It had $45.9K traded in the past 24 hours, $73.4K of order-book liquidity and a bid-ask spread of 1.0 pts. probcast.co rates the support behind this price as weak.
Thin market where small orders can move the price — and today's move was spread across many accounts.
Source: Polymarket price history
Is the move backed by real trading and depth?
The pricing has weak support: healthy trading volume and market depth, a tight spread.
Has the market settled at the new probability?
The probability moved another 2 points in the past hour — the market is still repricing.
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
$73.4K
Bid-ask spread
1.0 pts
24h volume
$45.9K
Total volume
$232.8K
It would take roughly $11.8K of buying to move the price up by ~5 pts.
Little money on the book — a modest order can move this price, so treat swings with care.
Whose opinion is this price?
Accounts
116
Trades
200
over 32h
Largest order
$7.1K
$32.1K traded across these 200 trades (last 32h).
Many independent accounts traded — the price reflects a crowd, not one trader.
From the latest trade tape (most recent 200 prints) — a live activity sample, not a lifetime total.
The 2026 Toronto mayoral election is currently scheduled to be held on October 26, 2026. This market will resolve according to the candidate who becomes the next mayor of Toronto as a result of this election.
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.
The 2026 Toronto mayoral election is currently scheduled to be held on October 26, 2026. This market will resolve according to the candidate who becomes the next mayor of Toronto as a result of this election. Temporary, interim, or placeholder mayors appointed before the election will not be considered. If the result of this election isn't known by June 30, 2027, 11:59 PM ET, the market will resolve to "Other". The primary resolution source for this market will be a consensus of credible reporting; however, if there is any ambiguity in the results, this market will resolve according to official information from Toronto.
The probability fell 12.0 percentage points over the last 24 hours (75.5% → 63.5%).
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 Oct 20, 7:49 PM 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: low · expected error ±27 pts.
Thin book and/or wide spread. Small orders can move this price disproportionately, so any single print is noisy and easily overread.
Read with caution —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.
Secondary read: leaning toward Trending.
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.