Polymarket traders bet on government shutdown lasting through October
Decentralized betting platforms highlight growing skepticism about fast resolutions to federal government funding debates.
Traders on Polymarket, a decentralized prediction market platform, are betting that the ongoing US government shutdown will extend through October, the Wall Street Journal reported today.
According to Polymarket data, the odds of the shutdown lasting more than 30 days have risen to 37%, up from 15% at the start of the closure. On Kalshi, a similar contract places the probability at 39%.
The prediction market has emerged as a key indicator for political uncertainties, with traders increasingly focusing on extended timelines for resolving government funding issues. The current fiscal impasse under President Donald Trump stems from partisan disagreements over budget approvals.