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Live Donald Trump term-durability odds, executive action and foreign-policy markets, and 2028 succession markets tracked across prediction markets.
Donald Trump, the 47th President of the United States, is one of the most heavily traded figures in US political prediction markets, anchored by contracts on the durability of his current term and the shape of the 2028 Republican field. As of June 4, 2026, the board's deepest single market asks whether he leaves office before 2027, and traders treat an early exit as a longshot rather than a base case. The durable swing factors are the constitutional two-term limit that bounds any third-term contract, age-related questions on an incumbent born in 1946, and the executive levers his office controls, from tariffs and pardons to foreign-policy summits. The live odds for every contract sit on the board above; the analysis below covers what those numbers mean.
Trump is term-limited under the 22nd Amendment, so the live board does not slot him as a 2028 candidate the way it does for an open-field contender. Instead, the heaviest action sits on term-durability contracts, several markets asking whether he leaves office before specific 2026, 2027, or 2029 dates, with the deepest book attached to the before-2027 question. Those markets resolve on a defined exit event (resignation, removal, or vacancy), not on policy. A separate, thinner market prices whether the 22nd Amendment is repealed or reinterpreted to allow a third term before January 2029; the board treats that path as a structural longshot because constitutional amendment requires supermajorities the contract's resolution criteria spell out. For the current cents on each, see the live board above.
The presidency generates a large block of incumbent-controlled markets, which is why Trump anchors so much volume. Foreign-policy contracts dominate the durable set: whether he visits China within a given window, whether a Trump-Putin or Trump-Xi meeting occurs in 2026, whether military operations against Iran end by a stated date, and whether the administration moves on a Greenland acquisition before the term ends. These resolve on official actions or scheduled events, so traders read them as president-driven rather than externally driven. Domestic executive markets cover pardons (standing 2026 and 2029 pardon hubs) and Cabinet turnover, including contracts on which official leaves the administration next. Each carries its own resolution date; reference the live board for the current price on every one.
Three structural forces keep Trump at the top of political volume. First, the office itself: a sitting president generates dozens of distinct, datable markets that few other figures produce. Second, narrative gravity, the same headline can move term-durability, foreign-policy, and Cabinet markets at once. Third, the term calendar: with the current term running to January 20, 2029, every dated contract sits inside a fixed four-year frame that traders price against. Forward catalysts with real dates, scheduled foreign visits, the 2028 nomination calendar, and the term-end itself, are the durable levers. Where prices sit today is on the board above.
Trump holds the office of President of the United States, sworn in for his second, non-consecutive term on January 20, 2025, with the term scheduled to end January 20, 2029. He previously served as the 45th President from 2017 to 2021, making him the second president in US history to serve two non-consecutive terms. He won the 2024 general election as the Republican nominee. The 22nd Amendment, ratified in 1951, limits any individual to two elected terms, which is the constitutional fact that bounds the third-term contracts on the board and is stated explicitly in those markets' resolution criteria.
As of June 4, 2026, Trump is term-limited and not a 2028 candidate, so the deepest live market instead asks whether he leaves office before 2027, where the No side trades near 90c. A separate third-term contract trades as a longshot. See the live board above for current cents on every market.
Coverage spans term-durability contracts (leaving office before set dates), executive-action markets (pardons, Cabinet turnover, third-term repeal), and foreign-policy markets (China visits, Trump-Putin and Trump-Xi meetings, Iran operations, a potential Greenland deal). Roughly 30 active Trump markets are tracked across major platforms.
Most high-volume Trump markets trade on more than one platform, with the deepest books on the headline term-durability and foreign-policy contracts. Spreads tighten where two platforms list the same question and widen on single-platform niche markets. The comparison stays valid as new platforms are added; the live board shows side-by-side prices.
The single biggest durable driver is the fixed term calendar. The current term runs to January 20, 2029, and every dated contract resolves inside that frame. The 22nd Amendment two-term limit, ratified in 1951, sets the structural ceiling on any third-term market.
Donald Trump is the 47th President of the United States, sworn in January 20, 2025, for a term ending January 20, 2029. He previously served as the 45th President from 2017 to 2021, the second president to hold two non-consecutive terms.