Raman leads Kalshi pricing as Los Angeles mayor market draws volume
DeFi Rate's November 4 board ranks the Los Angeles Mayor winner market second by 24-hour volume across venues, at 5.9 million dollars traded. Kalshi prices Nithya Raman at 98.5 cents, with Karen Bass at 1.6 cents.
The Los Angeles Mayor winner market ranked second by 24-hour trading volume across venues on DeFi Rate’s November 4 board, with 5.9 million dollars traded, according to DeFi Rate.
The figures were published on Nov 4, 2026, at 9:45 AM ET. They pair a high volume ranking with Kalshi prices heavily favoring Nithya Raman.
Kalshi prices show a wide gap
According to DeFi Rate, Nithya Raman was priced at 98.5 cents on Kalshi, while Karen Bass stood at 1.6 cents. Those prices indicate a strongly one-sided market assessment, rather than a confirmed election result.
The scope of the figures matters: the 5.9 million dollars in 24-hour volume covers the market across venues, whereas the candidate prices cited are specifically from Kalshi. The supplied summary does not break down volume by venue or provide earlier prices for comparison.
What it means for prediction markets
- Concentrated expectations: Kalshi’s quoted prices place Raman far ahead of Bass, but market pricing does not establish the outcome.
- Significant trading activity: The second-place ranking identifies the mayoral contest as one of the November 4 board’s most actively traded markets over the preceding 24 hours.
- Limited trend evidence: Without earlier snapshots or venue-level volume, the figures do not show how expectations changed or how much of the trading occurred on Kalshi.
Sources & attribution
- Published
- Source
- DeFi Ratedefirate.com
- Publisher
- https://defirate.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 DeFi Rate”). 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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