Kalshi pricing strongly favors Democrats exceeding 249 House seats
DeFi Rate reports the market on how many House seats Democrats will hold after the midterms traded 914,000 dollars in 24 hours, with the above 249 seats outcome at 96.8 cents on Kalshi and the market trading at 4.5 times its daily average, in prices observed between 5:40 and 6:09 a.m. ET on November 4.
The outcome for Democrats holding above 249 House seats after the midterms was priced at 96.8 cents on Kalshi, according to DeFi Rate. The prices were observed between 5:40 and 6:09 a.m. ET on November 4.
Trading activity rises above average
The market on how many House seats Democrats will hold recorded 914,000 dollars in trading over 24 hours, according to DeFi Rate. Activity reached 4.5 times its daily average.
That volume figure applies to the seat-count market, while the 96.8-cent price refers specifically to the above 249 seats outcome. The supplied summary does not break down trading volume by outcome.
DeFi Rate’s report was published on Nov 4, 2026, at 6:30 AM ET. Its pricing snapshot reflects the earlier observation window, rather than a confirmed election result.
What it means for prediction markets
- The 96.8-cent price indicates strong market confidence in Democrats holding above 249 House seats, but does not establish the final seat count.
- Trading at 4.5 times the daily average shows elevated activity; the supplied figures do not establish what drove it.
- The 914,000 dollars in volume covers the broader seat-count market and should not be read as turnover solely in the above 249 seats outcome.
Sources & attribution
- Published
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- DeFi Ratedefirate.com
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- https://defirate.com
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