Prices for Switzerland’s November Referendum: What will pass on Polymarket. A price of 41¢ means traders on that platform price the outcome at about 41%. It is a market price, not a forecast by PolyKal.
Independent research, not affiliated with Polymarket or Kalshi. Not trading advice. PolyKal stops updating prices before the first polls open and does not report election results.
| Option | PPolymarket |
|---|---|
| Fireworks restriction initiative | 29.0¢ |
| Marriage taxation initiative | 14.0¢ |
| VAT federal decree | 39.5¢ |
| War Material amendment | 52.5¢ |
Only listed on Polymarket.
Official rule text
As of market creation, four referenda are scheduled to be held in Switzerland on November 29, 2026: - Issue 1: Federal decree of 19 June 2026 on additional funding for the AVS through an increase in VAT - Issue 2: Popular initiative ‘For a restriction on fireworks’ - Issue 3: Popular initiative ‘Yes to fair federal taxation for married couples – To finally put an end to marriage discrimination!’ - Issue 4: Amendment of 19 December 2025 to the Federal Act on War Material (LFMG) This market will resolve to “Yes” if the listed referendum is approved under the applicable legal threshold in the specified popular vote. Otherwise, this market will resolve to “No.” This market will resolve to “Yes” if either the popular initiative or, where applicable, the federal counter-proposal is approved under the applicable legal threshold, regardless of any tie-breaker vote. If the referendum is officially rescheduled, the same rule applies to the new ballot and its corresponding deadlines. This market will resolve to “No” if, for any reason, the results of the respective vote are not known definitively by the date the subsequent Referendum in Switzerland is scheduled to be held. The resolution source will be based on a consensus of credible reporting. In the event of ambiguity, this market will resolve solely based on the official certified referendum results published by Swiss government authorities, such as the Swiss Federal Chancellery and the information portal provided by the Swiss authorities (https://www.ch.ch/en/votes-and-elections/). Subsequent litigation, administrative challenges, or failure of any post-approval implementation steps will not be considered.
PolyKal stops updating prices before the first polls open and does not report election results. Prices use the same method as the Midterms pages: Polymarket shows the market's displayed Yes price. Kalshi shows the midpoint of the highest Yes bid and the lowest Yes ask when they are within 8¢ of each other, and otherwise the highest Yes bid. Options with no Yes bid show —.
Available from 16 October 2026.
Available from 24 November 2026. Bid, ask, spread, order book depth and open interest for each option.
Available from 24 November 2026. Notes on large price moves, with the facts reported in the same period.
Available from 20 October 2026. One row per option, per day, Polymarket prices only (CSV).
Each platform resolves its market on the official result named in its own rules. The rule text is quoted on this page.
No. This election is only listed on Polymarket right now, so the page shows Polymarket prices and rules without a cross-platform comparison.
Every priced option in the market is listed in alphabetical order. The list follows the market, not an official candidate list.
No. PolyKal stops updating prices before the first polls open and keeps the last pre-election prices as a snapshot. It does not report election results.
Every 15 minutes until prices stop updating before the vote.
Prices for Switzerland’s November Referendum: What will pass on Polymarket. A price of 41¢ means traders on that platform price the outcome at about 41%. It is a market price, not a forecast by PolyKal.
Independent research, not affiliated with Polymarket or Kalshi. Not trading advice. PolyKal stops updating prices before the first polls open and does not report election results.
| Option | PPolymarket |
|---|---|
| Fireworks restriction initiative | 29.0¢ |
| Marriage taxation initiative | 14.0¢ |
| VAT federal decree | 39.5¢ |
| War Material amendment | 52.5¢ |
Only listed on Polymarket.
Official rule text
As of market creation, four referenda are scheduled to be held in Switzerland on November 29, 2026: - Issue 1: Federal decree of 19 June 2026 on additional funding for the AVS through an increase in VAT - Issue 2: Popular initiative ‘For a restriction on fireworks’ - Issue 3: Popular initiative ‘Yes to fair federal taxation for married couples – To finally put an end to marriage discrimination!’ - Issue 4: Amendment of 19 December 2025 to the Federal Act on War Material (LFMG) This market will resolve to “Yes” if the listed referendum is approved under the applicable legal threshold in the specified popular vote. Otherwise, this market will resolve to “No.” This market will resolve to “Yes” if either the popular initiative or, where applicable, the federal counter-proposal is approved under the applicable legal threshold, regardless of any tie-breaker vote. If the referendum is officially rescheduled, the same rule applies to the new ballot and its corresponding deadlines. This market will resolve to “No” if, for any reason, the results of the respective vote are not known definitively by the date the subsequent Referendum in Switzerland is scheduled to be held. The resolution source will be based on a consensus of credible reporting. In the event of ambiguity, this market will resolve solely based on the official certified referendum results published by Swiss government authorities, such as the Swiss Federal Chancellery and the information portal provided by the Swiss authorities (https://www.ch.ch/en/votes-and-elections/). Subsequent litigation, administrative challenges, or failure of any post-approval implementation steps will not be considered.
PolyKal stops updating prices before the first polls open and does not report election results. Prices use the same method as the Midterms pages: Polymarket shows the market's displayed Yes price. Kalshi shows the midpoint of the highest Yes bid and the lowest Yes ask when they are within 8¢ of each other, and otherwise the highest Yes bid. Options with no Yes bid show —.
Available from 16 October 2026.
Available from 24 November 2026. Bid, ask, spread, order book depth and open interest for each option.
Available from 24 November 2026. Notes on large price moves, with the facts reported in the same period.
Available from 20 October 2026. One row per option, per day, Polymarket prices only (CSV).
Each platform resolves its market on the official result named in its own rules. The rule text is quoted on this page.
No. This election is only listed on Polymarket right now, so the page shows Polymarket prices and rules without a cross-platform comparison.
Every priced option in the market is listed in alphabetical order. The list follows the market, not an official candidate list.
No. PolyKal stops updating prices before the first polls open and keeps the last pre-election prices as a snapshot. It does not report election results.
Every 15 minutes until prices stop updating before the vote.