In 2025, Netflix’s animated film KPop Demon Hunters became a global phenomenon. But will it also be a hit with Oscar voters?
Kalshi traders seem to think so.
The film’s hit song “Golden” currently has an 85% chance to win the Best Original Song Oscar at tonight’s 98th Academy Awards, according to Kalshi traders.
Its closest competitor, “I Lied to You” from Sinners, is trading at 16%.
HUNTR/X’s “Golden”
The animated movie’s central song wasn’t just a hit with fans. It was also a big hit on the charts.
Billboard reported that “Golden” topped the Billboard Hot 100 for eight weeks and sent the film’s soundtrack to the Billboard 200 for two weeks. It stayed on the Billboard 200 Top 10 for 35 weeks.
“Golden” has also already blazed a strong trail of wins at other award ceremonies. It won the Best Song award at the Critics Choice Awards and the Golden Globes, and received a Grammy nomination for Song of the Year, losing to Billie Eilish’s “Wildflower.”
What the critics are saying
The critics seem to agree with traders that “Golden” should win the Oscar for Best Original Song.
The Ringer’s Brian Phillips called the Oscar-nominated song “a cultural phenomenon worthy of the Oscar” and “a mortal lock to win Best Original Song on Sunday night.”
Vulture’s Nate Sloan and Charlie Harding wrote that “the melody was really sophisticated,” and fulfills “a tall order for a three-minute pop song.”
Best Original Score
Meanwhile, Ludwig Göransson’s score for the Ryan Coogler film Sinners leads at 94% in the Best Original Score market, followed by Jonny Greenwood’s One Battle After Another at 6%.
The takeaway:
Kalshi markets now predict:
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