Will the FDA approve Any psychedelic substance for medical use this year?
Price history — Will the FDA approve Any psychedelic substance for medical use this year?
Last 7 days of market NO price (blue) with the fair-price range (orange).
━ market YES▬ fair range
Market price
YES36¢ (36%)
NO64¢ (64%)
Latest refresh · prices in cents
Kalshi • Volume: 304.8K contracts • Updated 3h agoCloses: 2027-01-01
Kalshi · Science and Technology
OU's Pick
NO at 64¢ · pays 1.6×
Price gap
Kalshi64¢
→OU's fair64¢
Confidence
Low
The FDA has granted breakthrough therapy status to several psychedelic compounds but no specific approval for a new substance has been finalized for the 2026 calendar year.
Not financial advice. For informational purposes only. Prediction markets involve risk of loss. AI may contain errors.