Kalshi’s midterm trading surpasses $2.5 billion as election activity expands
Kalshi said total trading volume for the 2026 midterm elections exceeded 2.5 billion dollars, almost double the 1.3 billion dollars for the entire 2024 election cycle, with 729 million dollars traded on November 3 alone and race accuracy near 98 percent.
Kalshi said trading volume tied to the 2026 midterm elections exceeded $2.5 billion, according to AiCoin. That was almost double the $1.3 billion recorded across the entire 2024 election cycle.
Election-day activity and reported accuracy
November 3 alone accounted for $729 million in trading, according to AiCoin’s account of Kalshi’s figures. The single-day total represents a substantial share of the reported midterm volume.
Kalshi also reported race accuracy near 98 percent. The supplied summary does not explain how accuracy was measured or which races were included.
Reading the comparison
The figures show higher reported trading volume for the 2026 midterms than for the entire 2024 election cycle. They do not provide a breakdown by contract or participant, limiting what can be concluded about the breadth of that activity.
What it means for prediction markets
- Volume increased markedly: More than $2.5 billion for the 2026 midterms compares with $1.3 billion for the entire 2024 election cycle.
- November 3 was a major trading day: Its $729 million total highlights the importance of examining daily activity alongside aggregate volume.
- Accuracy needs methodological context: The near-98-percent figure is a reported result, but the supplied material does not establish how it was calculated.
Sources & attribution
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- AiCoin
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