Kalshi Senate pricing shifts toward Democrats as election trading reaches $59 million

Election markets recorded $59 million in trading over the past 24 hours, according to DeFi Rate. The report, published November 3, 2026, at 4:45 PM ET, showed a rise in Kalshi’s Senate price for Democrats while the House price remained unchanged.

Senate pricing moves higher

Kalshi’s Senate price for Democrats rose about three points from 74 percent at noon on November 2, according to DeFi Rate. That placed the latest price at approximately 77 percent.

The move extended an increase from 65 percent on October 21. DeFi Rate put the gain from that earlier reading at 12 points, showing that the shift was not limited to the final day before voting concluded.

House price holds before poll closings

The House price held at 94 percent ahead of the first poll closings at 6 p.m. Eastern, according to DeFi Rate. The contrast in the reported snapshot was between a rising Senate price and a steady House price.

The $59 million figure covered election-market trading over the preceding 24 hours. The supplied summary did not break that volume down by chamber or platform, so it does not establish how much activity accompanied the Kalshi Senate move.

What it means for prediction markets

• Senate repricing: The reported readings imply a latest Democratic Senate price of approximately 77 percent, versus 74 percent on November 2 at noon and 65 percent on October 21.
• Different chamber trajectories: The House price remained at 94 percent even as Senate pricing moved, rather than both prices rising together.
• Timing and scope matter: The snapshot preceded the first 6 p.m. Eastern poll closings, and the aggregate $59 million volume cannot be assigned to a specific contract from the information provided.