TOTAL VOLUME:
$114.6b
24H VOL:
$132,305,954
24H TRANSACTIONS:
1,380,975,298
OPEN INTEREST:
$1,208,428,537
337,256
Markets across
34,285
events
MATCHED EVENTS:
3,306
PLATFORM COVERAGE:
5
Polymarket:
42%
VS.
Kalshi:
58%
$4/MTok or below
- Kalshi
$4/MTok or below - Kalshi
1W
News
Positive
Negative
Neutral
Hover marker for details
Vol.
·
Resolves Jan 1, 2027
$
Anthropic reduces the input token pricing for Claude Opus 4.8 to various price points throughout 2026.
Resolution is based on the standard listed input token price for Claude Opus 4.8 displayed on Anthropic's official API pricing page at https://claude.com/pricing#api during 2026. The price must be explicitly shown in the API pricing section and is measured in USD per million tokens (MTok). Only standard listed pricing applies; promotional, temporary, or volume-discount pricing is excluded. If the product is renamed or succeeded by a successor product, the closest equivalent product controls for resolution. Should the pricing page be unavailable on the expiration date, the last available published price from 2026 will be used. If no pricing data exists by expiration, all outcomes resolve to No. Each price threshold ($4, $3, $2, and $1 per MTok) represents a separate outcome based on whether the actual price meets or falls below that level.
Prediction market odds on Kalshi often diverge from traditional analyst price targets because markets aggregate real-time trader conviction, while analyst forecasts rely on periodic research reports. Analysts may publish quarterly or annual outlooks on Claude Opus pricing strategy, but prediction markets update continuously as Anthropic announcements, competitive pricing moves, or API usage patterns emerge. Markets tend to react faster to breaking news, whereas analyst consensus lags. Comparing Kalshi odds to published research from AI infrastructure analysts or cloud pricing reports can reveal whether traders are pricing in more aggressive cost reductions or competitive pressure than experts currently expect.
On Kalshi, prices reflect that venue's order book, liquidity, and how traders price the outcome right now. On Kalshi, the Claude Opus 4.8 input token price floor for 2026 is priced as a binary or range contract, with traders buying and selling shares that reflect their belief about how low the token cost will go. The contract structure defines specific price thresholds, and traders profit if the realized minimum price falls below or above those levels by resolution. Kalshi's order book displays bid-ask spreads and cumulative volume at each price level, allowing you to see where the market consensus clusters. Prices move based on supply and demand from traders responding to Anthropic pricing announcements, competitive intelligence, and macroeconomic shifts affecting AI infrastructure costs.
The market resolves on Jan 1, 2027, at which point the final outcome is determined by the lowest Claude Opus 4.8 input token price observed during 2026. Resolution hinges on verifiable pricing data from Anthropic's official API documentation or billing records at the end of the calendar year. The event captures the minimum price point reached at any time during the 12-month period, not an average or closing price. Once the resolution criteria are met and confirmed, all positions settle according to whether the realized low price falls within the predicted range or threshold.
Key catalysts include Anthropic's official pricing announcements, competitive moves by OpenAI, Google, or other AI labs that pressure token costs downward, and macroeconomic shifts affecting cloud infrastructure spending. New Claude Opus model releases or efficiency improvements could justify lower per-token costs. Regulatory changes or enterprise licensing deals might alter pricing strategy. Broader AI market consolidation, shifts in compute demand, or breakthroughs in model efficiency could all influence how aggressively Anthropic prices tokens in 2026. Trader sentiment also responds to quarterly earnings calls, industry conferences, and published research on AI cost trends, all of which feed into real-time odds movements on Kalshi.