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How many Fed rate hikes in 2026?

Which venue prices "How many Fed rate hikes in 2026?" best? Direct comparison of Polymarket, Kalshi, Betfair and Smarkets.

2 (50 bps) 56% 3 (75 bps) 27% 1 (25 bps) 14% 4 (100 bps) 2% Volume: $769K Liquidity: $192K Closes: 1 Jan 2027
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How many Fed rate hikes in 2026?

Platform comparison

PlatformYES oddsNO oddsFeeKYCSettlement
Polymarket (via Polymarket Alternative) Pick
polygram.ink (preferred broker)
56% 44% 0% (USDC on-chain) No-KYC up to $1,500 USDC, auto via UMA oracle Open the market →
Polymarket (direct)
polymarket.com
56% 44% 0% Geo-blocked in US/UK/EU USDC, on-chain Open the market →
Kalshi
kalshi.com
— — Up to 7% per trade US-only, KYC required USD Open the market →
Betfair Exchange
betfair.com
— — 2-5% commission Full KYC from first trade GBP / EUR Open the market →
Manifold Markets
manifold.markets
— — Play-money (mana) None — play-money Mana (no cash-out) Open the market →

Outcome probabilities

Current market-implied probability for each outcome, from the live order book.

OutcomeProbability
2 (50 bps)56%
3 (75 bps)27%
1 (25 bps)14%
4 (100 bps)2%
5+ (125+ bps)1%
0 (0 bps)0%

Market context

Traders on decentralised prediction markets give 56% probability to how many fed rate hikes in 2026?. This market will resolve according to the exact amount of hikes of 25 basis points in 2026 by the Fed (including any hikes made during the December meeting). Emergency rate hikes outside of scheduled…

Methodology

This page compares How many Fed rate hikes in 2026? specifically across Polymarket, Kalshi, Betfair Exchange and Smarkets. The live probability is the Polymarket mid; the comparison columns summarise each venue's fee structure, KYC, settlement currency and payment rails. Every CTA routes to Polymarket Alternative, which mirrors the Polymarket order book at 0% fees.

Resolution & payout

Settlement is the biggest difference between the four platforms: Polymarket on-chain in USDC (instant), Kalshi USD via CFTC (T+1), Betfair and Smarkets in local currency via bank withdrawal (T+1 to T+3). On-chain settlement clears in minutes — the fastest payout path of the four.

FAQ

Polymarket vs Kalshi — which is better?
Depends on your location. Kalshi is CFTC-regulated, US-only with full KYC. Polymarket is global, on-chain, no KYC up to $1,500. Polymarket has ~10x higher liquidity but higher regulatory risk.
Which platform has the deepest liquidity?
Polymarket — by a wide margin. Top markets reach $50-500M volume, Kalshi ~$200M cumulative, Betfair similar. Deeper liquidity means your trade moves the quote less.
Is Betfair a Polymarket alternative?
Only partially. Betfair Exchange is UK-focused with a sports-betting emphasis; they have politics markets but with thinner liquidity than Polymarket. Settlement in GBP/EUR, 2-5% commission on winnings.
Are all these platforms regulated?
No. Kalshi is CFTC-regulated (US). Betfair and Smarkets are UK Gambling Commission licensed. Polymarket operates without explicit regulation — a different risk profile than a regulated sportsbook.
Which platform supports Klarna/SOFORT?
Directly: none. Polymarket accepts only USDC on Polygon. Polymarket Alternative offers a fiat on-ramp via Klarna or SOFORT (DE/AT/CH) and converts internally to USDC for the Polymarket order book. T+1 processing.
and

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Related Topics

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