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
YES40¢ (40%)
NO60¢ (60%)
Latest refresh · prices in cents
Kalshi • Volume: 295K contracts • Updated 4h agoCloses: 2027-01-01
Kalshi · Science and Technology
OU's Pick
NO at 60¢ · pays 1.7×
Price gap
Kalshi60¢
→OU's fair85¢
+25¢ underpriced · pays 1.7×
Confidence
Moderate
The FDA recently issued its first draft guidance for clinical trials involving psychedelic drugs but has only approved esketamine for therapeutic use to date.
Wide edge+25¢
Not financial advice. For informational purposes only. Prediction markets involve risk of loss. AI may contain errors.