Settlement : Settlement is when a market closes and pays out. Winning contracts pay $1 each; losing contracts pay nothing.
What it means
Settlement is when a market closes and pays out. Winning contracts pay $1 each; losing contracts pay nothing.
Example
You hold 20 YES contracts bought at 40¢ ($8 total). The event happens, so you receive $20 at settlement.
Practical tip
Each Kalshi market lists its rules and the source used to decide the result. Read them before trading so there are no surprises.
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