A neutral, dated guide to politics and election markets on Drift BET, an onchain prediction market on Solana. How they settle in crypto, what they cost, and why United States availability is unclear. Information, not advice. As of December 2025.
Last reviewed 16 December 2025 · Facts as of December 2025 · Illustrative editorial examples
On Drift BET, a politics and elections market is a contract on a clearly defined question that settles against a written rule, the named source and date set before trading. A correct side pays one dollar and the other pays nothing, so the price between 1 and 99 cents reads as the implied probability.
Onchain product within a DeFi protocol, outside US regulation; standing is unsettled.
Always read the specific market's resolution rule, not the headline. Fees and spreads reduce real returns, and availability can change.
Yes. Drift BET launched with political markets, including questions on the winner of a United States presidential vote, and has added other categories. It is an onchain market on Solana that settles in crypto. This is general information, not advice, as of December 2025.
The position is unclear. Drift BET is a decentralized protocol, not a venue registered with the Commodity Futures Trading Commission, and the legality of a United States person accessing an onchain prediction market is unsettled. Do not assume access. Read our legality pages and confirm your own position first.
Onchain, in crypto, through smart contracts rather than in United States dollars through a brokerage. You post crypto collateral from a wallet you control, and the contract resolves programmatically to a value of one or zero.
Beyond the ordinary risk of loss, your crypto collateral can move in value, smart contracts can carry bugs or be exploited, and you do not get the protections or dispute channels of a registered exchange. Read the protocol documentation before acting.
On exchanges registered with the Commodity Futures Trading Commission that list political contracts where you live. Read our politics guide to understand the category, then compare the venues that genuinely offer these markets and are available to you.
These contracts trade on a regulated venue and settle against a written rule. Read the primary source and the specific market rule before you act.
Facts as of December 2025. General information, not financial or betting advice.