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Kalshi dominates prediction trading as contract totals outpace cash paid

DeFi Rate reports 2.28 billion dollars traded so far on November 7 across nine venues, with Kalshi at 2.01 billion dollars. Traders paid 31.6 billion dollars in cash for the 136.2 billion dollars in contracts over the last 30 days.

Prediction markets recorded $136.2 billion in contract trading over the last 30 days, with Kalshi accounting for 76%, according to DeFi Rate.

Traders paid $31.6 billion in cash for those contracts. The figures distinguish the reported contract total from the amount of cash traders spent.

November 7 activity

DeFi Rate reported $2.28 billion traded across nine venues so far on November 7, with Kalshi contributing $2.01 billion. The figures accompanied an update published on Nov 7, 2026, at 9:45 AM ET and do not represent a completed trading day.

Kalshi therefore accounted for most of both the reported November 7 activity and the trailing 30-day contract volume. The supplied summary does not break down activity among the other venues.

What it means for prediction markets

  • Volume measures matter: The $136.2 billion contract total and $31.6 billion in cash paid describe different aspects of trading activity and should not be treated as interchangeable.
  • Activity is concentrated: Kalshi’s 76% share makes it the dominant venue in the reported 30-day figures.
  • The daily snapshot is incomplete: November 7 totals cover trading only up to the reported update, limiting comparisons with full-day results.
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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