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Kalshi’s midterm trading reaches $716 million as House and Texas markets draw activity

The House control market generated 400.6 million dollars on Kalshi, while the Texas Senate winner market generated 197.8 million dollars, including 113.5 million dollars on Tuesday. The Texas governor market added 107.6 million dollars, including 89.3 million dollars on Election Day.

Kalshi generated 716 million dollars in trading volume on midterm Election Day alone, according to Covers. The figures, cited in an update published Nov 5, 2026 · 5:45 AM ET, highlight activity in markets covering House control and two Texas races.

House control and Texas races

The House control market generated 400.6 million dollars on Kalshi. The supplied summary does not specify how much of that market’s volume occurred on Election Day.

The Texas Senate winner market generated 197.8 million dollars, including 113.5 million dollars on Tuesday, according to Covers.

The Texas governor market generated 107.6 million dollars, with 89.3 million dollars on Election Day. Both Texas markets therefore recorded more than half of their reported volume during the specified day.

What it means for prediction markets

  • Time periods matter: The 716 million dollars is an Election Day figure. The individual market totals should not be treated as same-day volume; only the Texas markets have explicit daily breakdowns in the summary.
  • Volume does not establish direction: These figures show trading activity, but the supplied material provides no contract prices or implied probabilities from which to assess changes in expectations.
  • Texas activity was concentrated: The daily figures account for a majority of each Texas market’s reported volume, underscoring the importance of distinguishing election-day trading from broader market totals.
KalshiSenateElectionsMidtermsInfiniti MarketsInfiniti Signals

Sources & attribution

Published
  1. Source
    Coverscovers.com
    Publisher
    https://www.covers.com
    Source URL
    The feed did not publish this story's article address.

Full attribution under the Digital Millennium Copyright Act (DMCA), 17 U.S.C. § 512: this article is an original report by Infiniti Intelligence that summarizes the reporting of the publishers named above, links to their original work, and reproduces no protected expression beyond brief factual reference and in-line attribution (“according to Covers”). All rights in the underlying reporting remain with the publishers listed; nothing here implies endorsement by or affiliation with them. Rights holders may request correction, update or removal through the contact address published at infiniti.w3ai.io.

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