| Outcome | Probability | Yes Bid | Yes Ask | 24h Change | Volume | |
|---|---|---|---|---|---|---|
| Anaheim Ducks | 0% | 0¢ | 0¢ | — | $0 | Trade → |
| Utah Mammoth | 0% | 0¢ | 0¢ | — | $0 | Trade → |
| Boston Bruins | 0% | 0¢ | 0¢ | — | $0 | Trade → |
| Buffalo Sabres | 0% | 0¢ | 0¢ | — | $0 | Trade → |
| Calgary Flames | 0% | 0¢ | 0¢ | — | $0 | Resolved |
| Carolina Hurricanes | 0% | 0¢ | 0¢ | — | $0 | Trade → |
| Chicago Blackhawks | 0% | 0¢ | 0¢ | — | $0 | Resolved |
| Colorado Avalanche | 0% | 0¢ | 0¢ | — | $0 | Trade → |
| Columbus Blue Jackets | 0% | 0¢ | 0¢ | — | $0 | Trade → |
| Dallas Stars | 0% | 0¢ | 0¢ | — | $0 | Trade → |
| Detroit Red Wings | 0% | 0¢ | 0¢ | — | $0 | Trade → |
| Edmonton Oilers | 0% | 0¢ | 0¢ | — | $0 | Trade → |
| Florida Panthers | 0% | 0¢ | 0¢ | — | $0 | Resolved |
| Los Angeles Kings | 0% | 0¢ | 0¢ | — | $0 | Trade → |
| Minnesota Wild | 0% | 0¢ | 0¢ | — | $0 | Trade → |
| Montréal Canadiens | 0% | 0¢ | 0¢ | — | $0 | Trade → |
| Nashville Predators | 0% | 0¢ | 0¢ | — | $0 | Trade → |
| New Jersey Devils | 0% | 0¢ | 0¢ | — | $0 | Resolved |
| New York Islanders | 0% | 0¢ | 0¢ | — | $0 | Trade → |
| New York Rangers | 0% | 0¢ | 0¢ | — | $0 | Resolved |
| Ottawa Senators | 0% | 0¢ | 0¢ | — | $0 | Trade → |
| Philadelphia Flyers | 0% | 0¢ | 0¢ | — | $0 | Trade → |
| Pittsburgh Penguins | 0% | 0¢ | 0¢ | — | $0 | Trade → |
| San Jose Sharks | 0% | 0¢ | 0¢ | — | $0 | Trade → |
| Seattle Kraken | 0% | 0¢ | 0¢ | — | $0 | Trade → |
| St. Louis Blues | 0% | 0¢ | 0¢ | — | $0 | Trade → |
| Tampa Bay Lightning | 0% | 0¢ | 0¢ | — | $0 | Trade → |
| Toronto Maple Leafs | 0% | 0¢ | 0¢ | — | $0 | Resolved |
| Vancouver Canucks | 0% | 0¢ | 0¢ | — | $0 | Resolved |
| Vegas Golden Knights | 0% | 0¢ | 0¢ | — | $0 | Trade → |
| Washington Capitals | 0% | 0¢ | 0¢ | — | $0 | Trade → |
| Winnipeg Jets | 0% | 0¢ | 0¢ | — | $0 | Trade → |
This market asks which NHL team will win the Stanley Cup® and matters because it aggregates market beliefs about season-long and playoff outcomes into tradable prices.
The Stanley Cup is awarded annually to the NHL playoff champion after a multi-round postseason involving the league's qualified teams; the modern league currently has 32 franchises and a knockout playoff format. Market values for this event move as the regular season progresses, playoff seedings are set, and key events such as injuries, trades, and coaching changes occur; the listing shows significant trading activity with notable total volume traded on the platform.
Interpret market odds as the crowd's current consensus estimate that adjusts with new information—game results, injuries, and roster moves all drive updates to prices. Use them as a real-time signal rather than a static forecast.
It means the official market close date is not set on the listing; in practice, KALSHI will close the market when the contest outcome is determinable—typically after the Stanley Cup champion has been decided and settlement conditions are met—so check the platform for updates.
They correspond to each NHL franchise eligible to win the Stanley Cup in the referenced season, with one outcome per team rather than conditional scenarios.
Once a team is eliminated in the playoffs it can no longer win the Cup, and market prices for that outcome typically move toward zero as traders update to reflect elimination; consult KALSHI's rules for exact settlement mechanics.
Assess the timing and expected recovery or roster impact: short-term injuries to role players have different implications than season-ending injuries to top contributors, and trades or signings can change depth and matchup profiles—monitor official reports and adjust for likely playoff availability.
High volume indicates greater liquidity and participation, which generally makes it easier to enter or exit positions and suggests the market is actively incorporating diverse information, though it does not guarantee accuracy.