{
  "_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-H0HRYM47D4",
  "slug": "kxtosta-28janloc",
  "question": "Will Toast have total locations by 2026?",
  "category": "financials",
  "event_type": "BINARY",
  "ladder_distribution": null,
  "tags": [
    "financials",
    "toast-locations",
    "restaurant-tech",
    "expansion-metric",
    "financial-performance",
    "2028"
  ],
  "catalyst_types": [],
  "catalyst_dates": [],
  "editorial_notes": "These markets track Toast Inc.'s total restaurant locations reported for fiscal year 2026. Kalshi structures the event as eight discrete strike thresholds, from 189 thousand to 210 thousand, each a binary above-or-below contract. The spread of strikes implies a market-implied distribution centered near the 195-201 thousand range. Resolution relies on Kalshi staff determination using Toast's fiscal year 2026 figure sourced via Fiscal.ai, settling by March 31, 2028.",
  "venues_covered": [
    "kalshi"
  ],
  "primary_market_id": "CM-MKT-BL1Z1YZ9D0",
  "current_primary_mark": {
    "last_price": 0.99,
    "implied_probability": 0.99
  },
  "created_at": "2026-07-23T21:11:14.426158+00:00",
  "updated_at": "2026-07-23T21:11:14.426158+00:00",
  "markets": [
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      "event_id": "CM-EVT-H0HRYM47D4",
      "platform": "kalshi",
      "platform_market_id": "KXTOSTA-28JANLOC-189000",
      "question": "Will Toast Inc. report Above 189 thousand total locations in 2026?",
      "description": "Above 189 thousand",
      "contract_type": "binary",
      "settlement_currency": "USD",
      "underlying_reference": "Above 189 thousand: Toast Inc.'s fiscal year 2026 total locations figure from Fiscal.ai resolves by March 31, 2028, per Kalshi staff determination.",
      "close_at": "2028-03-31T05:00:00Z",
      "resolve_at": "2028-03-31T05:00:00Z",
      "status": "open",
      "resolution": {
        "rules_raw": "If Toast Inc. reports Above 189000 total locations in 2026, then the market resolves to Yes.",
        "arbitration_model": "kalshi_staff",
        "proposer": "platform_staff",
        "source": "Fiscal.ai",
        "source_status": "platform_named",
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          {
            "name": "Fiscal.ai",
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            "provenance": "platform_api"
          }
        ],
        "source_of_record": "Fiscal.ai",
        "source_mechanism": "single_authority",
        "source_type": null,
        "source_quality": "authoritative",
        "source_commitment": "named",
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        "grade": "C",
        "score": 57,
        "caps": [
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        "applied_factors": 6
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      "last_price": 0.99,
      "implied_probability": 0.99,
      "volume_24h_usd": 0,
      "volume_total_usd": 2705.5413,
      "settlement_style": "touch",
      "direction": "above",
      "threshold": 189000,
      "question_id": "CMX-1636BFA045",
      "also_on": null,
      "tags": [
        "2026",
        "locations",
        "toast",
        "toast total locations"
      ],
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    },
    {
      "market_id": "CM-MKT-NGSWLG2896",
      "event_id": "CM-EVT-H0HRYM47D4",
      "platform": "kalshi",
      "platform_market_id": "KXTOSTA-28JANLOC-192000",
      "question": "Will Toast Inc. report Above 192 thousand total locations in 2026?",
      "description": "Above 192 thousand",
      "contract_type": "binary",
      "settlement_currency": "USD",
      "underlying_reference": "Above 192 thousand: Toast Inc.'s fiscal year 2026 total locations figure from Fiscal.ai resolves by March 31, 2028, per Kalshi staff determination.",
      "close_at": "2028-03-31T05:00:00Z",
      "resolve_at": "2028-03-31T05:00:00Z",
      "status": "open",
      "resolution": {
        "rules_raw": "If Toast Inc. reports Above 192000 total locations in 2026, then the market resolves to Yes.",
        "arbitration_model": "kalshi_staff",
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        "source": "Fiscal.ai",
        "source_status": "platform_named",
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          {
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          }
        ],
        "source_of_record": "Fiscal.ai",
        "source_mechanism": "single_authority",
        "source_type": null,
        "source_quality": "authoritative",
        "source_commitment": "named",
        "source_commitment_subtype": "committed_secondhand",
        "source_hedge_text": null
      },
      "rcg": {
        "grade": "C",
        "score": 57,
        "caps": [
          "commitment_committed_secondhand"
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        "applied_factors": 6
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      "last_price": 0,
      "implied_probability": 0,
      "volume_24h_usd": 0,
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      "settlement_style": "touch",
      "direction": "above",
      "threshold": 192000,
      "question_id": "CMX-D965026137",
      "also_on": null,
      "tags": [
        "2026",
        "locations",
        "toast",
        "toast total locations"
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    },
    {
      "market_id": "CM-MKT-0C7N7B1GW7",
      "event_id": "CM-EVT-H0HRYM47D4",
      "platform": "kalshi",
      "platform_market_id": "KXTOSTA-28JANLOC-195000",
      "question": "Will Toast Inc. report Above 195 thousand total locations in 2026?",
      "description": "Above 195 thousand",
      "contract_type": "binary",
      "settlement_currency": "USD",
      "underlying_reference": "Above 195 thousand: Toast Inc.'s fiscal year 2026 total locations figure from Fiscal.ai resolves by March 31, 2028, per Kalshi staff determination.",
      "close_at": "2028-03-31T05:00:00Z",
      "resolve_at": "2028-03-31T05:00:00Z",
      "status": "open",
      "resolution": {
        "rules_raw": "If Toast Inc. reports Above 195000 total locations in 2026, then the market resolves to Yes.",
        "arbitration_model": "kalshi_staff",
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        "source": "Fiscal.ai",
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          {
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        "source_quality": "authoritative",
        "source_commitment": "named",
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      "rcg": {
        "grade": "C",
        "score": 57,
        "caps": [
          "commitment_committed_secondhand"
        ],
        "applied_factors": 6
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      "last_price": 0.62,
      "implied_probability": 0.62,
      "volume_24h_usd": 0,
      "volume_total_usd": 1166.561,
      "settlement_style": "touch",
      "direction": "above",
      "threshold": 195000,
      "question_id": "CMX-FA0ABF3E7A",
      "also_on": null,
      "tags": [
        "2026",
        "locations",
        "toast",
        "toast total locations"
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      "eligibility_screens": null
    },
    {
      "market_id": "CM-MKT-Z91C73P7B9",
      "event_id": "CM-EVT-H0HRYM47D4",
      "platform": "kalshi",
      "platform_market_id": "KXTOSTA-28JANLOC-198000",
      "question": "Will Toast Inc. report Above 198 thousand total locations in 2026?",
      "description": "Above 198 thousand",
      "contract_type": "binary",
      "settlement_currency": "USD",
      "underlying_reference": "Above 198 thousand: Toast Inc.'s fiscal year 2026 total locations figure from Fiscal.ai resolves by March 31, 2028, per Kalshi staff determination.",
      "close_at": "2028-03-31T05:00:00Z",
      "resolve_at": "2028-03-31T05:00:00Z",
      "status": "open",
      "resolution": {
        "rules_raw": "If Toast Inc. reports Above 198000 total locations in 2026, then the market resolves to Yes.",
        "arbitration_model": "kalshi_staff",
        "proposer": "platform_staff",
        "source": "Fiscal.ai",
        "source_status": "platform_named",
        "source_citation": "https://fiscal.ai",
        "sources": [
          {
            "name": "Fiscal.ai",
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        ],
        "source_of_record": "Fiscal.ai",
        "source_mechanism": "single_authority",
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        "source_quality": "authoritative",
        "source_commitment": "named",
        "source_commitment_subtype": "committed_secondhand",
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      },
      "rcg": {
        "grade": "C",
        "score": 57,
        "caps": [
          "commitment_committed_secondhand"
        ],
        "applied_factors": 6
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      "last_price": 0.3,
      "implied_probability": 0.3,
      "volume_24h_usd": 0,
      "volume_total_usd": 1208.724,
      "settlement_style": "touch",
      "direction": "above",
      "threshold": 198000,
      "question_id": "CMX-7929C8D4AE",
      "also_on": null,
      "tags": [
        "2026",
        "locations",
        "toast",
        "toast total locations"
      ],
      "eligibility_screens": null
    },
    {
      "market_id": "CM-MKT-85ZCVSLTX5",
      "event_id": "CM-EVT-H0HRYM47D4",
      "platform": "kalshi",
      "platform_market_id": "KXTOSTA-28JANLOC-201000",
      "question": "Will Toast Inc. report Above 201 thousand total locations in 2026?",
      "description": "Above 201 thousand",
      "contract_type": "binary",
      "settlement_currency": "USD",
      "underlying_reference": "Above 201 thousand: Toast Inc.'s fiscal year 2026 total locations figure from Fiscal.ai resolves by March 31, 2028, per Kalshi staff determination.",
      "close_at": "2028-03-31T05:00:00Z",
      "resolve_at": "2028-03-31T05:00:00Z",
      "status": "open",
      "resolution": {
        "rules_raw": "If Toast Inc. reports Above 201000 total locations in 2026, then the market resolves to Yes.",
        "arbitration_model": "kalshi_staff",
        "proposer": "platform_staff",
        "source": "Fiscal.ai",
        "source_status": "platform_named",
        "source_citation": "https://fiscal.ai",
        "sources": [
          {
            "name": "Fiscal.ai",
            "url": "https://fiscal.ai",
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        "source_quality": "authoritative",
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        "source_commitment_subtype": "committed_secondhand",
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      "rcg": {
        "grade": "C",
        "score": 57,
        "caps": [
          "commitment_committed_secondhand"
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        "applied_factors": 6
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      "last_price": 0.19,
      "implied_probability": 0.19,
      "volume_24h_usd": 0,
      "volume_total_usd": 300.96,
      "settlement_style": "touch",
      "direction": "above",
      "threshold": 201000,
      "question_id": "CMX-E40007578F",
      "also_on": null,
      "tags": [
        "2026",
        "locations",
        "toast",
        "toast total locations"
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    },
    {
      "market_id": "CM-MKT-T5N0G8R432",
      "event_id": "CM-EVT-H0HRYM47D4",
      "platform": "kalshi",
      "platform_market_id": "KXTOSTA-28JANLOC-204000",
      "question": "Will Toast Inc. report Above 204 thousand total locations in 2026?",
      "description": "Above 204 thousand",
      "contract_type": "binary",
      "settlement_currency": "USD",
      "underlying_reference": "Above 204 thousand: Toast Inc.'s fiscal year 2026 total locations figure from Fiscal.ai resolves by March 31, 2028, per Kalshi staff determination.",
      "close_at": "2028-03-31T05:00:00Z",
      "resolve_at": "2028-03-31T05:00:00Z",
      "status": "open",
      "resolution": {
        "rules_raw": "If Toast Inc. reports Above 204000 total locations in 2026, then the market resolves to Yes.",
        "arbitration_model": "kalshi_staff",
        "proposer": "platform_staff",
        "source": "Fiscal.ai",
        "source_status": "platform_named",
        "source_citation": "https://fiscal.ai",
        "sources": [
          {
            "name": "Fiscal.ai",
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        "applied_factors": 6
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      "last_price": 0.12,
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      "volume_total_usd": 252.35999999999999,
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      "direction": "above",
      "threshold": 204000,
      "question_id": "CMX-347BFBDBB5",
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      "tags": [
        "2026",
        "locations",
        "toast",
        "toast total locations"
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    {
      "market_id": "CM-MKT-MTS83412V2",
      "event_id": "CM-EVT-H0HRYM47D4",
      "platform": "kalshi",
      "platform_market_id": "KXTOSTA-28JANLOC-207000",
      "question": "Will Toast Inc. report Above 207 thousand total locations in 2026?",
      "description": "Above 207 thousand",
      "contract_type": "binary",
      "settlement_currency": "USD",
      "underlying_reference": "Above 207 thousand: Toast Inc.'s fiscal year 2026 total locations figure from Fiscal.ai resolves by March 31, 2028, per Kalshi staff determination.",
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      "resolve_at": "2028-03-31T05:00:00Z",
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      "resolution": {
        "rules_raw": "If Toast Inc. reports Above 207000 total locations in 2026, then the market resolves to Yes.",
        "arbitration_model": "kalshi_staff",
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        "applied_factors": 6
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      "settlement_style": "touch",
      "direction": "above",
      "threshold": 207000,
      "question_id": "CMX-091C6DB681",
      "also_on": null,
      "tags": [
        "2026",
        "locations",
        "toast",
        "toast total locations"
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    },
    {
      "market_id": "CM-MKT-KMMJ2HV756",
      "event_id": "CM-EVT-H0HRYM47D4",
      "platform": "kalshi",
      "platform_market_id": "KXTOSTA-28JANLOC-210000",
      "question": "Will Toast Inc. report Above 210 thousand total locations in 2026?",
      "description": "Above 210 thousand",
      "contract_type": "binary",
      "settlement_currency": "USD",
      "underlying_reference": "Above 210 thousand: Toast Inc.'s fiscal year 2026 total locations figure from Fiscal.ai resolves by March 31, 2028, per Kalshi staff determination.",
      "close_at": "2028-03-31T05:00:00Z",
      "resolve_at": "2028-03-31T05:00:00Z",
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        "rules_raw": "If Toast Inc. reports Above 210000 total locations in 2026, then the market resolves to Yes.",
        "arbitration_model": "kalshi_staff",
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        "source": "Fiscal.ai",
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      "settlement_style": "touch",
      "direction": "above",
      "threshold": 210000,
      "question_id": "CMX-196E4011FA",
      "also_on": null,
      "tags": [
        "2026",
        "locations",
        "toast",
        "toast total locations"
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  "resolution_log": [],
  "_provenance": {
    "source": "clearmarket.fyi",
    "ref": "CM-EVT-H0HRYM47D4",
    "terms": "Attribution required. clearmarket.fyi"
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}