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KalshiScience and Technology

Will the FDA approve any psychedelic substance for medical use this year?

Before 2027

Ends Jan 1, 2027

Bet Now
Disclosure

18+ only. Event contracts carry significant risk and are not suitable for everyone, you can lose the entire amount you commit. Not available in all jurisdictions; restrictions and eligibility requirements apply.

Probability

  • Any psychedelic substance for medical use380.4K VOL.
    Yes 32%No 68%
    32¢

Rules Summary

If the FDA approves any psychedelic substance for medical use for marketing before Jan 1, 2027, then the market resolves to Yes.

Timeline and Payout

Opened
Jul 17, 2025, 2:00 PM
Closes
Jan 1, 2027, 4:59 AM
Pays out
0.5 hours after close

Series KXFDAAPPROVALPSYCHEDELIC · Event KXFDAAPPROVALPSYCHEDELIC-27 · Market KXFDAAPPROVALPSYCHEDELIC-27-ANYPSYCH