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Documentation Index

Fetch the complete documentation index at: https://docs.kalshi.com/llms.txt

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Settlement occurs when a market’s outcome is determined. Positions are automatically resolved and funds transferred.

How It Works

  • Yes outcome: Yes contract holders receive $1 per contract
  • No outcome: No contract holders receive $1 per contract
  • Only net positions are settled (after netting)

Settlement Timing

Markets typically settle shortly after expiration, but timing can vary based on market type, data source availability, and manual review requirements.

Fees

Settlement fees are zero for simple yes/no determinations but may apply for sub-cent scalar settlement. The actual payout (CollateralAmountChange) is rounded to whole cents. CollateralAmountChange + MiscFeeAmt equals the pre-rounding settlement value.

Protocol-Specific Details