KXMARMAD: Kalshi Men's College Basketball Tournament Champion markets in numbers
In the public Becker Kalshi dataset, the KXMARMAD series (“Men's College Basketball Tournament Champion”, Kalshi category Sports) had 488 markets in 68 events created Jan 22, 2025 to Oct 28, 2025, with 415,470,990 contracts traded; 16.1% of 417 settled markets resolved YES.
Historical snapshot · source: Becker Kalshi dataset and Kalshi public API · page updated · these numbers as JSON
Men's college basketball tournament champion markets: one market per team in the field. Kalshi lists ESPN and NCAA-originated information as settlement sources.
Key numbers
| Measure | Value |
|---|---|
| Markets | 488 |
| Events | 68 |
| Contracts traded | 415,470,990 |
| Markets never traded | 52 (10.7%) |
| Settled markets (yes or no) | 417 |
| Resolved YES | 67 (16.1% of settled) |
| Resolved NO | 350 (83.9% of settled) |
| First market created | Jan 22, 2025 |
| Last market created | Oct 28, 2025 |
Kalshi title: Men's College Basketball Tournament Champion · frequency: custom · settlement sources listed by Kalshi: ESPN, Kalshi using information originating from the NCAA.
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Markets by month created
| Month | Markets | Contracts traded | Never traded | Settled | Resolved YES |
|---|---|---|---|---|---|
| Jan 2025 | 26 | 70,352,258 | 0.0% | 26 | 1 |
| Feb 2025 | 2 | 1,283,611 | 0.0% | 2 | 0 |
| Mar 2025 | 389 | 340,767,858 | 13.4% | 389 | 66 |
| Oct 2025 | 71 | 3,067,263 | 0.0% | 0 | 0 |
Trades by month
From the dataset’s trades files, matched to this series by market ticker. Contracts = sum of trade count.
| Month | Trades | Contracts |
|---|---|---|
| Jan 2025 | 824 | 300,755 |
| Feb 2025 | 4,553 | 1,372,644 |
| Mar 2025 | 1,252,377 | 322,861,300 |
| Apr 2025 | 237,463 | 87,868,541 |
| Oct 2025 | 613 | 480,692 |
| Nov 2025 | 4,862 | 2,764,279 |
Highest-volume events
| Event ticker | Markets | Contracts traded |
|---|---|---|
| KXMARMAD-25 | 69 | 75,380,570 |
| KXMARMAD-25R4G2 | 34 | 26,802,345 |
| KXMARMAD-25R4G1 | 34 | 21,082,701 |
| KXMARMAD-25R8G2 | 16 | 17,474,310 |
| KXMARMAD-25R8G1 | 18 | 13,937,147 |
Why YES shares are often low or near half: ladders and brackets list many mutually exclusive outcomes per event and only one resolves YES, while game markets come in pairs with one winner. The share reflects how markets are structured, not a forecast or a trading rule.
More: all Sports markets · KXNFLGAME · KXNCAAFGAME · KXNBAGAME · KXMLBGAME · KXATPMATCH · KXNHLGAME
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Odds to probability calculator · State of Kalshi · All Kalshi data pages · Kalshi bot guide
Method
- Series = the text before the first hyphen of
event_ticker(same rule as State of Kalshi). - Category = the label Kalshi's public API gives that series today (fetched Oct 17, 2026), applied to every market in the series, including older markets. Labels may differ from what Kalshi showed when a market was listed.
- Contracts = the sum of the
volumefield in the markets files. It counts contracts, not dollars. - Never traded = markets with
volumeof zero. Settled = markets whoseresultis yes or no. - Trades = rows in the trades files whose ticker belongs to this series, grouped by trade month.
- Counts only. No prices are used, and nothing here is a forecast, a trading rule or financial advice.
Source
Market data: Becker Kalshi dataset (Jon Becker, prediction-market-analysis), data dump downloaded Jul 30, 2026, covering markets created Jun 30, 2021 to Nov 23, 2025. Category labels: Kalshi public API (GET /trade-api/v2/series). Computed with DuckDB over all markets files. This is a historical snapshot, not live data. Dataset snapshot date: Oct 17, 2026.