Song of the Year odds: Traders price ‘Golden’ as clear favorite

A Grammy-nominated song from Netflix’s KPop Demon Hunters is sending its fellow nominees “back to the depths” on the Kalshi Song of the Year market.  

Traders have priced HUNTR/X’s “Golden” as the favorite with a 78% chance of taking home the trophy.

Netflix’s animated action-musical and its signature hit song have racked up several awards and honors since its July 4 release. Written by EJAE, Mark Sonnenblick, 24 Ido, and Teddy, “Golden” spent 18 weeks at No. 1 on the Billboard Global 200 chart last year. The song and the film each won a Golden Globe for Best Original Song and Best Animated Picture. They are also nominated for Academy Awards for Best Original Song and Best Animated Featured Film.

Kendrick Lamar “luther” trails at 8%, but Lamar’s song also posted a strong run on the charts. Lamar’s hit collaboration with SZA from his GNX album was the rapper’s fifth No. 1 single release last year. The song also became his fastest song to break the 1 billion streaming landmark on Spotify since the release of “Not Like Us.” Lamar also has a total of nine Grammy nominations this year in categories such as Album and Record of the Year, Best Rap Album, Best Rap Song, and Best Rap Performance.

Lady Gaga’s “Abracadabra” is also nominated for Song of the Year, and traders have her tune priced at 3%. The song debuted at No. 1 on Billboard’s Hot Dance/Pop Songs chart. She’s also nominated for seven Grammy awards including Album and Record of the Year, Best Pop Vocal Album, and Best Pop Solo Performance.

The 68^th Grammy Awards will be given out on Sunday at the Crypto.com Arena in Los Angeles. The awards will be broadcast live starting at 8 p.m. Eastern/5 p.m. Pacific on CBS, and available to stream on Paramount+.

The annual music industry awards will also feature live performances from artists like ROSÉ, Bruno Mars, and Tyler, the Creator. Traders on one Kalshi market are predicting a few surprise performances during Sunday’s Grammy Awards broadcast from artists such as Lana Del Rey priced at 49%, Ariana Grande at 27%, Olivia Rodrigo at 20%, and Bad Bunny at 33%.

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