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Will the FDA approve Any psychedelic substance for medical use this year?

31¢
Yes
The market gives this a 31% chance.

Market price history. From 64¢ on Jul 18, 2025 to 31¢ on Aug 17, 2026. Lowest 23¢ on Mar 2, 2026; highest 64¢ on Jul 18, 2025.

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369.8K contractsCloses Jan 1, 2027
About this market

If the FDA approves any psychedelic substance for medical use for marketing before Jan 1, 2027, then the market resolves to Yes.