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Prediction market turnover reaches $6.1 billion as Fed hike pricing stands out

DeFi Rate says its tracker counted 6.1 billion dollars traded in the last 24 hours on 9 prediction market exchanges, with contracts counted at 1 dollar. Its board also lists a December 9 Fed hike at 71 percent, with Kalshi and Polymarket both at 70.5 cents.

According to DeFi Rate, its volume tracker recorded $6.1 billion in trading across 9 prediction market exchanges over the last 24 hours. The update was published on Nov 1, 2026, at 6:00 PM ET.

The tracker counts contracts at $1. That convention is important when interpreting the turnover figure: the reported total reflects the tracker’s stated counting method.

December 9 Fed hike contract draws attention

DeFi Rate’s board also lists a December 9 Fed hike at 71 percent. The summary provides that reading alongside the broader trading-volume total, but does not specify how much activity came from that contract.

Kalshi and Polymarket both show 70.5 cents for the Fed hike contract, according to DeFi Rate. Those venue prices match each other, while the board’s percentage is presented at a different level of precision.

What it means for prediction markets

  • Volume needs its methodology attached: The $6.1 billion total spans 9 exchanges and counts contracts at $1; comparisons with other turnover figures require attention to that convention.
  • The Fed readings are closely aligned: The board lists 71 percent for a December 9 hike, with Kalshi and Polymarket each at 70.5 cents.
  • The snapshot does not establish a trend: The supplied figures do not include earlier volume or pricing, so they cannot show whether activity or hike expectations have risen or fallen.
KalshiPolymarketInfiniti MarketsInfiniti Signals

Sources & attribution

Published
  1. Source
    DeFi Ratedefirate.com
    Publisher
    https://defirate.com
    Source URL
    The feed did not publish this story's article address.

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