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Political contracts dominate trading across the top 50 open prediction markets

DeFi Rate reports politics accounted for 41 of the top 50 open prediction markets and 46 million dollars, or 88 percent, of their combined 24-hour volume, in prices observed between November 4, 2:41 a.m. and 2:53 a.m. ET. Sports held the other nine markets with 6 million dollars, led by AEK Athens against Real Madrid.

Politics represented 41 of the top 50 open prediction markets and 46 million dollars in combined 24-hour trading volume, according to DeFi Rate. That amounted to 88 percent of the 52 million dollars traded across the group.

A concentrated trading snapshot

The figures reflect prices observed on November 4 between 2:41 a.m. and 2:53 a.m. ET. The report was published on Nov 4, 2026 at 3:15 AM ET.

Political contracts dominated both the number of markets in the group and their trading activity. Their share of volume was greater than their share of the 50 markets, indicating that activity was not simply proportional to the number of contracts.

Sports account for the remainder

Sports occupied the other nine markets, generating 6 million dollars in combined 24-hour volume, according to DeFi Rate. AEK Athens against Real Madrid led that category.

The figures describe the top 50 open markets in this snapshot, rather than the entire prediction-market landscape. The supplied summary does not identify individual political contracts or provide their prices.

What it means for prediction markets

  • Political activity drove the aggregate: With 88 percent of the group’s volume, politics overwhelmingly shaped the reported trading total.
  • Sports had a smaller footprint: Nine sports markets accounted for the remaining 6 million dollars, with AEK Athens against Real Madrid leading the category.
  • Volume is not a probability signal: These totals show where trading occurred, but without contract-level prices they do not establish which outcomes traders considered more likely.
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Sources & attribution

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    DeFi Ratedefirate.com
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