TRUMPWIN and TRUMPLOSE are ERC20 tokens that will be redeemable on FTX for either 1 or 0 USD based on if TRUMP wins the election.
You can trade these tokens on FTX spot markets. While you can also trade our TRUMP futures, TRUMPWIN and TRUMPLOSE require no margin.
The market price of TRUMPWIN should be roughly equal to the probability that TRUMP wins the election. And TRUMPLOSE's market price should be roughly equal to 1 minus that probability.