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Political contracts dominate trading volume across leading prediction markets

DeFi Rate's live most-traded board, observed Nov. 3 at 7:24 PM ET and read this run, counts the top 50 markets across Kalshi, Polymarket US, Polymarket and Gemini by the…

Political markets accounted for 40 of the 50 most-traded contracts on DeFi Rate’s live board, according to its Nov. 3, 2026 snapshot observed at 7:24 PM ET.

Those political contracts generated $69M of the board’s $80M in 24-hour trading volume. The concentration put politics ahead of all other categories combined within the displayed rankings.

A snapshot of the busiest markets

DeFi Rate’s board covers the top 50 markets across Kalshi, Polymarket US, Polymarket and Gemini. The figures describe that ranked group, rather than total activity across those platforms.

The supplied summary does not identify individual contracts or provide venue-level volume figures. It therefore does not establish which political questions or platforms contributed most to the concentration.

What it means for prediction markets

  • Politics dominated both measures: Political contracts represented 40 of the 50 ranked markets and $69M of their $80M in 24-hour volume.
  • Volume is not a directional signal: The supplied figures show where trading activity was concentrated, but include no prices or implied probabilities for particular outcomes.
  • Scope matters: This is a timestamped view of the most-traded board, not a measure of the entire prediction-market sector.
PredictionMarketsKalshiPolymarketSenateInfiniti MarketsInfiniti Signals

Sources & attribution

Published
  1. Source 1
    Kalshikalshi.com
    Publisher
    https://kalshi.com/markets
    Source URL
    The feed did not publish this story's article address.
  2. Source 2
    Polymarketpolymarket.com
    Publisher
    https://polymarket.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 Kalshi”). 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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