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Raymond Smith Jr. leads pricing as NC-03 market volume surges

DeFi Rate ranked the North Carolina third district market eighth on its November 5 top 50 list by 24-hour volume across venues. The market also appeared on the surging list at 3.5 times its daily average, with Greg Murphy priced at 30 cents.

The Kalshi market for the winner of North Carolina’s third district House race recorded 1.1 million dollars in trading over 24 hours, according to DeFi Rate. Raymond Smith Jr. was priced at 71 cents, while Greg Murphy traded at 30 cents.

Volume reaches eighth place

DeFi Rate placed the NC-03 contract eighth in its November 5 top 50 ranking by 24-hour trading volume across venues. The figures were reported on Nov 5, 2026, at 7:30 AM ET.

The contract also featured on DeFi Rate’s surging list, with volume running at 3.5 times its daily average. That measure highlights increased activity relative to the market’s own baseline, alongside its position in the cross-venue ranking.

Prices favor Smith

The reported prices put Smith ahead of Murphy in the market. The supplied summary does not include earlier prices, so it does not establish whether the increase in trading coincided with a shift toward either candidate.

What it means for prediction markets

  • Activity is elevated: The 1.1 million dollars traded in 24 hours and pace of 3.5 times the daily average show heightened participation in this contract.
  • Pricing favors Smith: His 71-cent price stood above Murphy’s 30 cents, reflecting the market’s relative assessment at the reported snapshot.
  • Volume is not direction: Neither the eighth-place ranking nor the surging-list appearance establishes a change in candidate pricing or an election outcome.
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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