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Raman tops 99 percent as Kalshi mayoral market draws heavy trading

DeFi Rate ranks the Los Angeles Mayor market second on its November 5 board, with prices observed between 6:10 AM and 9:41 AM ET. Raman rose from 43 percent to above 99 percent over 7 days in DeFi Rate's biggest-moves list.

The Los Angeles Mayor winner market on Kalshi recorded 3.0 million dollars in trading over 24 hours, with Nithya Raman priced above 99 percent, according to DeFi Rate.

DeFi Rate placed the market second on its November 5 board. Its reported prices were observed between 6:10 AM and 9:41 AM ET.

A sharp seven-day repricing

Raman moved from 43 percent to above 99 percent over 7 days, according to DeFi Rate’s biggest-moves list. That represents an increase of more than 56 percentage points over the period.

The report was published on Nov 5, 2026, at 9:45 AM ET. The supplied summary does not identify what drove the price change or provide an official election result.

What it means for prediction markets

  • Strong market conviction: A price above 99 percent indicates that trading heavily favored Raman, but it is not itself confirmation of an election outcome.
  • Substantial activity: The 3.0 million dollars traded over 24 hours accompanied the market’s second-place ranking on DeFi Rate’s November 5 board.
  • Timing matters: The quoted prices reflect observations between 6:10 AM and 9:41 AM ET, rather than a confirmed final settlement.
KalshiInfiniti MarketsInfiniti Signals

Sources & attribution

Published
  1. Source
    DeFi Ratedefirate.com
    Publisher
    https://defirate.com
    Source URL
    The feed did not publish this story's article address.

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