What do “Killing Me Softly with His Song,” “Don’t Worry, Be Happy,” “Rehab,” and “Not Like Us” have in common? They are all hits from different decades that went on to win the Grammy Award for Song of the Year.
One of the most prestigious honors at the music industry’s most recognized ceremony, the next Song of the Year winner will be revealed at the 68th Annual Grammy Awards, set to take place on Sunday, February 1, 2026, at Crypto.com Arena in Los Angeles.
Polymarket, a marketplace that blends traditional financial mechanisms with cutting-edge prediction systems, allows users to wager on which song will take home the Grammy for Song of the Year. With the market taking shape, let’s break down the leading contenders and see who’s favored to win.
Song of the Year Odds
Odds are via Polymarket and update every hour.
KPop Demon Hunters have been one of the breakout successes of the year. The Netflix film checks every box: strong animation, charming characters, an engaging storyline, and songs that are impossible to stop singing. That popularity has propelled the hit “Golden” to the top of the Polymarket board.
The song, performed by Ejae, Audrey Nuna, and Rei Ami, reached No. 1 on the Billboard Global 200. Its international success, fueled by the movie’s massive reach, further confirms K-pop’s growing influence across the globe.
The main challenger to the KPop Demon Hunters phenomenon isn’t, as in the film, the Saja Boys or their ruler, Gwi-Ma. Instead, it’s Kendrick Lamar. The rapper won Song of the Year last year with “Not Like Us” and is now aiming to repeat with “Luther,” his collaboration with SZA.
“Luther” sits ahead of Bad Bunny’s “DTMF.” That track showcases the Puerto Rican artist’s stylistic versatility — blending rap, Latin pop, and reggaeton — and also gives its name to his sixth solo studio album, Debí Tirar Más Fotos.
Lady Gaga has been nominated for Song of the Year five times, including for hits like “Poker Face” and “Shallow,” but has never won in this category. Despite earning multiple Grammys elsewhere, she’ll look to break that streak with “Abracadabra.”
Rosé and Bruno Mars appear with “APT,” one of the catchiest songs of the past year and another example of K-pop’s global crossover appeal. Similar odds apply to “Wildflower” by Billie Eilish, a track that embodies freshness and her unmistakable vocal style.
Rounding out the market as long shots are “Manchild” by Sabrina Carpenter and “Anxiety” by Doechii.
