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%
$8/MTok or below
- Kalshi
$8/MTok or below - Kalshi
1W
News
Positive
Negative
Neutral
Hover marker for details
Vol.
·
Resolves Jan 1, 2027
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This event tracks whether the paid-tier API pricing for Google Gemini 3.5 Flash output tokens will decline to various price thresholds during 2026. As AI model capabilities improve and market competition increases, API pricing typically decreases, and this market measures potential price reductions for Google's efficient model offering.
Resolution is based on the standard listed Output Token Price (Paid Tier) for Google Gemini 3.5 Flash displayed on Google's official API pricing page (https://ai.google.dev/gemini-api/docs/pricing#standard) at any point during 2026. The event resolves separately for each price threshold ($8, $7, $6, and $5 per million tokens), with each threshold resolving to Yes if the price reaches or falls below that level. Prices are measured in USD per million tokens and must reflect the standard published API rate for the paid tier, excluding any promotional, temporary, or volume-based discounts. If the product is renamed or succeeded by a successor model, the closest equivalent product will be used for pricing determination. Should the pricing page be unavailable at expiration, the last available published price from 2026 will be used. If no pricing data exists for Google Gemini 3.5 Flash in 2026, all thresholds resolve to No.
Prediction market odds reflect real-money trader conviction and often diverge from published analyst reports on AI pricing trends. While traditional forecasters may rely on historical pricing patterns and vendor roadmaps, this market aggregates live bets from participants with direct exposure to the outcome. Analyst consensus typically emphasizes long-term cost curves and competitive pressure, whereas market odds can shift rapidly based on earnings calls, product announcements, or competitive moves. Comparing the two reveals whether traders are pricing in faster or slower price declines than experts publicly predict.
On Kalshi, prices reflect that venue's order book, liquidity, and how traders price the outcome right now. On Kalshi, this market uses a binary or range-based contract structure where traders buy and sell shares corresponding to different price thresholds for Google's Gemini 3.5 Flash output tokens. Each contract resolves to 1.00 or 0.00 based on the final observed price at settlement. The market price of each share reflects the collective probability assigned by active traders; higher share prices indicate stronger belief that the token price will fall below a given level. Liquidity and spreads vary by price tier, affecting execution costs for position entry and exit.
This market resolves on Jan 1, 2027. The outcome is determined by the observed price of Google Gemini 3.5 Flash output tokens on the paid tier at that time, measured against the predefined price thresholds embedded in the contract structure. Resolution relies on official pricing data from Google's API documentation or billing records at the settlement date. Traders who correctly predicted the lowest price level will receive payouts proportional to their position size and the final contract value.
Major catalysts include Google's quarterly earnings calls and product announcements regarding Gemini model updates or pricing changes. Competitive pricing moves from OpenAI, Anthropic, or other AI providers can shift market expectations about Google's cost structure. New Gemini 3.5 Flash use cases or enterprise adoption rates may influence Google's willingness to reduce prices. Regulatory developments affecting AI pricing transparency, macroeconomic shifts in cloud spending, or breakthroughs in model efficiency could also reshape trader expectations. Technical improvements reducing inference costs may accelerate price declines, moving odds significantly.