Memphis vs Portland is among the most traded markets in the last 24 hours at $13M on Kalshi

Memphis–Portland draws $13M on Kalshi

The Memphis vs Portland game ranked among the most-traded prediction markets over the last 24 hours, with $13M in volume on Kalshi, according to DeFi Rate’s volume tracker.

The ranking comes from DeFi Rate’s Oct. 30, 20:55 UTC crawl, using venue data as of Oct. 30, 2:30 PM ET. Those timestamps precede this report’s publication on Oct. 30, 2026, at 5:24 PM ET.

DeFi Rate’s supplied figures also distinguish contracts measured at their $1 face value from dollars actually paid, reporting $29.2B for the latter. The source separately lists $4.2B in the last 24 hours, but the provided excerpt does not specify the scope of those aggregate figures.

The available material establishes Memphis vs Portland as a high-volume market, but supplies neither its exact rank nor contract prices. It therefore does not show which team traders favor or the probability assigned to either outcome.

What it means for prediction markets

• Volume is not a probability signal. The $13M figure measures trading activity, not the market’s assessment of who will win.
• The data has a cutoff. The ranking reflects venue data as of Oct. 30, 2:30 PM ET, rather than publication-time activity.
• Measurement matters. DeFi Rate distinguishes $1-face-value contract totals from dollars actually paid; the supplied material does not establish which convention underlies the game’s $13M figure.