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SAVE Act contract draws elevated Kalshi volume despite low Yes price

DeFi Rate reports its surging list ranks the Kalshi contract on the SAVE Act becoming law among the markets trading far above their usual pace in the last 24 hours, with the Yes side priced at 1 percent. Only markets with more than 250,000 dollars traded in 24 hours qualify for the surging list.

A Kalshi contract on whether the SAVE Act becomes law recorded 355,000 dollars in trading over 24 hours, running at 4.3 times its daily average pace, according to DeFi Rate.

The activity placed the contract on DeFi Rate’s surging list, while its Yes side was priced at 1 percent. The report was published Nov 4, 2026, at 7:00 PM ET.

Higher activity, low Yes pricing

DeFi Rate’s surging list tracks markets trading substantially above their usual pace over the last 24 hours. Eligibility requires more than 250,000 dollars in trading during that period.

The SAVE Act contract cleared that threshold, but the elevated turnover and low Yes price describe different aspects of the market: one measures trading activity, while the other reflects the price attached to the specified outcome.

The supplied summary does not identify a catalyst for the increased activity or provide a previous Yes price. It therefore does not establish whether the trading surge coincided with a change in the market’s assessment of the bill becoming law.

What it means for prediction markets

  • Activity is not direction: Trading at 4.3 times the daily average shows unusually high turnover, not necessarily increased support for Yes.
  • Pricing remains distinct from volume: The reported 1 percent Yes price sits alongside 355,000 dollars in 24-hour trading; neither figure explains the other.
  • The list has a volume filter: Only markets exceeding 250,000 dollars in 24-hour trading qualify, so inclusion reflects both relative activity and a minimum turnover requirement.
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Sources & attribution

Published
  1. Source
    DeFi Ratedefirate.com
    Source URL
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