Resolution criteria on PolyGram: This market will resolve to according to the candidate who wins the 2026 California lieutenant gubernatorial election currently scheduled for November 3, 2026. If the results of the election are not confirmed by July 31, 2027, this market will resolve to "Other". The resolution source for this market is the Associated Press, Fox News, and NBC. This market will resolve once all three sources call the race for the same candidate. If all three sources haven’t called the race in this state for the same candidate, this market will resolve based on official certification.
Real-money prediction markets aggregate live odds from thousands of traders, surfacing a sharper probability than any single forecast. Odds will populate live once the order book fills with 155 days to resolution, giving the order book ample time to absorb new information, backed by $23K of resting liquidity.
PolyGram is an on-chain prediction market where you trade YES or NO outcome shares with real USDC on Polygon. For this market, buy YES if you believe the event will happen, or NO if you think it won't. Your maximum loss is your stake — winning shares pay $1.00 each at resolution. Unlike sportsbooks, there is no house edge: prices are set by supply and demand from other traders and reflect the crowd's real-time probability.
Market outcomes
| Option F | — | |
| Option H | — | |
| Option J | — | |
| Option L | — | |
| Rakesh Christian | 6% YES | 94% NO |
| Sean Collinson | 1% YES | 99% NO |
| Option E | — | |
| Option G | — | |
California will hold its statewide election on 3 November 2026, with voters selecting a new lieutenant governor. The lieutenant governor serves as president of the state senate and assumes the governorship should the sitting governor die, resign, or become incapacitated. The race will determine who holds this constitutionally significant office for the 2027–2031 term. With no live pricing yet on Polymarket's order book, the implied probability remains unformed; early traders will establish the initial price discovery as positions accumulate.
California's lieutenant governor races have historically attracted less attention than gubernatorial contests, though recent elections suggest competitive dynamics. In 2022, Democrat Eleni Kounalakis won with 54.5% of the vote against Republican Angela Eagle. The office's low profile means candidate name recognition and party affiliation typically drive outcomes more than policy differentiation. Comparable western states show lieutenant governor races often track gubernatorial performance, though California's separate election means divergent results remain possible if turnout or candidate appeal shifts between offices.
The 2026 race timeline centres on candidate announcements and primary filings, likely occurring through spring 2026. Traders should monitor whether the sitting governor—Gavin Newsom—signals preferred successors or remains neutral, as gubernatorial endorsements historically influence lieutenant governor races. Party primary contests, if competitive, will clarify frontrunners by summer 2026. Resolution depends on agreement among Associated Press, Fox News, and NBC; absent consensus by 31 July 2027, official state certification determines the outcome. Campaign spending disclosures and polling, when available, will provide data points for probability reassessment.
Resolution is handled by the UMA optimistic oracle on Polygon. A proposer submits the outcome, a two-hour dispute window opens, and if no one stakes a counter-claim the payout is final. Contested outcomes escalate to UMA token-holder voting. Payouts clear in USDC to the winning side.
For this market, the resolution date is 3 November 2026. A UMA proposer can submit the outcome from that moment; the two-hour dispute window closes at , and assuming no counter-claim is staked, winning USDC clears to trader balances by approximately .
If a dispute is filed inside the two-hour window, the outcome escalates to UMA token-holder voting, which extends settlement by roughly 48 hours. This particular market has no public resolution feed listed; disputes here are more likely if the underlying outcome is subject to interpretation, in which case the UMA token-vote arbitrates the wording of the original market question.
Withdrawal pace from your PolyGram balance is non-custodial and immediate — once payout clears, funds are yours to send to any Polygon wallet you control. Funds clear directly to your in-app USDC balance on Polygon. Withdrawals are non-custodial: send to any address you control, typical confirmation under 30 seconds, gas paid in USDC if you'd rather not hold MATIC.
Minimum order size on PolyGram is $1.00, with no maximum cap aside from available book depth. Orders route into Polymarket's on-chain CLOB on Polygon; the matching engine pairs YES buyers with NO buyers atomically — every executed trade is settled on-chain with no counterparty risk. For "California Lieutenant Governor Election Winner", order-book behaviour for this market reflects the underlying volatility of the outcome — patient limit orders typically fill closer to mid than market orders.
The trade ticket includes a slippage box (default 2%, configurable 0.1%-10%) that caps the worst-case entry price. Your maximum loss is your stake — winning YES (or NO) shares pay $1.00 each at resolution. With this market's current book depth ($23K of resting liquidity), a $100 order should fill with single-cent slippage at the displayed mid-price.
PolyGram charges 0% house edge — no spread mark-up, no rake on winnings, no withdrawal fees beyond network gas. The platform earns exclusively from optional features (copy-trade boosts, advanced order types, the yield vault on idle USDC); the trading surface itself is at-cost.
The mechanics for trading "California Lieutenant Governor Election Winner" are the same as any other PolyGram event contract. Each YES share resolves to $1 if the event happens, or $0 if it doesn't. The current price between 0¢ and 100¢ is the market's probability estimate, set live by the order book.
$14K in lifetime turnover and $23K of resting liquidity puts this market in the below the median by volume for us presidential election contracts on PolyGram. Order-book depth is modest — expect a couple of cents of slippage on $1k+ trades.
Last 24 hours alone saw $770 in turnover, well above the lifetime daily-average for this market — a clear sign of news catalysing trader activity right now.
The market has been open for under a month — fresh enough that information asymmetry remains a real factor.
Higher-volume markets tend to have tighter spreads and faster price discovery — meaning the displayed YES/NO percentages are more likely to reflect the true crowd-implied probability rather than a single trader's directional view.
Resolution is handled by the UMA optimistic oracle on Polygon. A proposer submits the outcome, a 2-hour dispute window opens, and if uncontested the payout is final. Contested outcomes escalate to UMA token holders.
This prediction market is scheduled to close on 3 November 2026. After the resolving event occurs, settlement typically clears within 24 hours once the UMA optimistic oracle confirms the outcome. All payouts are in USDC on the Polygon network.
To trade on this prediction market, create a free PolyGram account at polygram.ink, deposit USDC via Polygon, and place a YES or NO order on the outcome you believe in. You can learn more on our how-it-works page. Your maximum loss is limited to your stake — there is no leverage or margin.
When the outcome is determined, winning YES shares pay out $1.00 each in USDC, while losing shares pay $0. Settlement is handled by the UMA optimistic oracle on Polygon — a proposer submits the result, a two-hour dispute window opens, and if uncontested, payouts are distributed automatically. You can withdraw your winnings to any Polygon wallet.
Prediction-market positions can lose 100% of staked capital. Outcomes are uncertain by definition — historical accuracy of crowd-implied probabilities is high in aggregate but not for any single market. PolyGram does not provide investment advice. Trade only with capital you can afford to lose. For "California Lieutenant Governor Election Winner", the considerations above apply directly — Trade size should reflect the binary nature of the payoff: even a 70% probability event resolves NO 30% of the time, so any single position can lose 100% of staked capital.
Regulatory status varies by jurisdiction. Germany, the United States, and most EU countries treat Polymarket-style event contracts under one of three frameworks: financial derivative, gambling product, or unregulated novel asset. Consult local counsel before trading.
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