Colom contracts surge as Mississippi Senate leads prediction market trading
DeFi Rate ranks the Mississippi Senate winner market first on its November 5 board, with Colom up from 12 percent to 96 percent over 7 days, the biggest 7-day move it tracks, and Cindy Hyde-Smith at 3.7 cents. On Polymarket the same market traded 548,000 dollars in 24 hours with Colom at 97.1 cents, and prices were observed between 8:19 AM and 10:09 AM ET on November 5.
The Mississippi Senate winner market topped DeFi Rate’s November 5 board, with Scott Colom priced at 96.4 cents on Kalshi and $3.1 million traded over 24 hours, according to the outlet.
The report, published Nov 5, 2026, at 10:45 AM ET, used prices observed between 8:19 AM and 10:09 AM ET on November 5. Those observations provide a morning snapshot rather than a single simultaneous reading.
A sharp seven-day repricing
According to DeFi Rate, Colom moved from 12 percent to 96 percent over 7 days. That was the largest 7-day change among the markets the outlet tracks.
Cindy Hyde-Smith stood at 3.7 cents on Kalshi. The quoted contracts reflected a substantial market preference for Colom, but the supplied reporting did not establish an official election outcome.
Similar pricing across platforms
On Polymarket, the Mississippi Senate winner market recorded $548,000 in 24-hour trading, according to DeFi Rate. Colom’s contract there was priced at 97.1 cents.
Both platforms therefore showed Colom trading near the upper end of the price range, while Kalshi recorded substantially more dollar volume over the reported 24-hour period.
What it means for prediction markets
- Repricing was the central development: Colom’s rise from 12 percent to 96 percent over 7 days was the biggest weekly move on DeFi Rate’s tracked board.
- Activity differed by venue: Kalshi’s $3.1 million in 24-hour volume exceeded Polymarket’s $548,000, despite closely aligned Colom prices.
- Timing matters: Prices were observed across an 8:19 AM–10:09 AM ET window on November 5, so the platform comparison is not necessarily simultaneous.
- Prices are not results: The reported contract levels indicate market expectations, not confirmation of the Senate winner.
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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