{
  "_notice": {
    "type": "free_key_offer",
    "message": "Free and anonymous access is staying. If this endpoint is in your pipeline, a free key adds advance notice before any schema change or deprecation. POST /v1/keys {\"email\": \"you@firm.com\"} — nothing else required. Something broken or missing? hello@clearmarket.fyi reaches a human.",
    "docs": "https://clearmarket.fyi/for-data/",
    "policy": "This field is additive and its shape will not change."
  },
  "event_id": "CM-EVT-K3DNLXCVB5",
  "slug": "kxnewoutbreak-p-26",
  "question": "Will there be a pandemic in 2026?",
  "category": "health",
  "event_type": "BINARY",
  "ladder_distribution": null,
  "tags": [
    "health",
    "global-health",
    "pandemic-disease",
    "2026-events",
    "infectious-disease",
    "public-health-emergency"
  ],
  "catalyst_types": [],
  "catalyst_dates": [],
  "editorial_notes": "This market tracks whether the World Health Organization officially declares a pandemic at any point during calendar year 2026. A single Kalshi binary resolves on that declaration, with no cross-platform structural contrast available. Resolution follows Kalshi staff determination against WHO's emergencies and situations publications. The market closes January 1, 2027.",
  "venues_covered": [
    "kalshi"
  ],
  "primary_market_id": "CM-MKT-1DDTKN8YM3",
  "current_primary_mark": {
    "last_price": 0.06,
    "implied_probability": 0.06
  },
  "created_at": "2026-07-06T00:30:45.836226+00:00",
  "updated_at": "2026-07-06T00:30:45.836226+00:00",
  "markets": [
    {
      "market_id": "CM-MKT-1DDTKN8YM3",
      "event_id": "CM-EVT-K3DNLXCVB5",
      "platform": "kalshi",
      "platform_market_id": "KXNEWOUTBREAK-P-26",
      "question": "Pandemic in 2026?",
      "description": "In 2026",
      "contract_type": "binary",
      "settlement_currency": "USD",
      "underlying_reference": "World Health Organization's official declaration of a pandemic during 2026 as published on WHO's emergencies and situations page.",
      "close_at": "2027-01-01T15:00:00Z",
      "resolve_at": "2027-01-01T15:00:00Z",
      "status": "open",
      "resolution": {
        "rules_raw": "If any disease becomes a pandemic in 2026, then the market resolves to Yes.",
        "arbitration_model": "kalshi_staff",
        "proposer": "platform_staff",
        "source": "WHO",
        "source_status": "platform_named",
        "source_citation": "https://www.who.int/emergencies/situations",
        "sources": [
          {
            "name": "WHO",
            "url": "https://www.who.int/emergencies/situations",
            "provenance": "platform_api"
          }
        ],
        "source_of_record": "WHO",
        "source_mechanism": "single_authority",
        "source_type": null,
        "source_quality": "authoritative",
        "source_commitment": "named",
        "source_commitment_subtype": "named",
        "source_hedge_text": null
      },
      "rcg": {
        "grade": "A",
        "score": 81,
        "caps": [],
        "applied_factors": 6
      },
      "last_price": 0.06,
      "implied_probability": 0.06,
      "volume_24h_usd": 258.88259999999997,
      "volume_total_usd": 39453.2898,
      "settlement_style": "touch",
      "direction": null,
      "threshold": null,
      "question_id": null,
      "also_on": null,
      "tags": [
        "2026",
        "disease",
        "occurrence",
        "pandemic",
        "pandemic occurrence"
      ],
      "eligibility_screens": [
        {
          "regime": "ciro-26-0076",
          "screen_version": "v1",
          "status": "not_eligible",
          "reasons": [
            "category_not_permitted"
          ],
          "bucket": null,
          "screened_at": "2026-06-12"
        }
      ]
    }
  ],
  "resolution_log": [],
  "_provenance": {
    "source": "clearmarket.fyi",
    "ref": "CM-EVT-K3DNLXCVB5",
    "terms": "Attribution required. clearmarket.fyi"
  }
}