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Nine prediction platforms combined for 4.5 billion dollars in daily trades

DeFi Rate counted 4.5 billion dollars traded in the last 24 hours across nine prediction market exchanges, counting contracts at 1 dollar face value. Its board prices Democrats at 94 percent to win the House and about 70 percent for Senate control, with Senate control up 4 points over the past week.

DeFi Rate reported 4.5 billion dollars in trading across nine prediction market exchanges over the last 24 hours. The total counts contracts at 1 dollar face value.

The report, published Oct 31, 2026 at 9:15 AM ET, pairs that activity figure with market pricing favoring Democrats for control of both the House and Senate.

Congressional control pricing

According to DeFi Rate, its board puts Democrats at 94 percent to win the House. Senate control is priced at about 70 percent for Democrats.

The Senate figure is up 4 points over the past week. That leaves Democratic Senate control priced below a House win, despite the weekly increase.

Reading the volume figure

The 4.5 billion dollars is an aggregate across nine exchanges, rather than a figure for any single venue. Its 1 dollar face-value counting convention is important: the reported total should not be read as an equivalent amount of cash paid for contracts.

What it means for prediction markets

  • Volume depends on methodology: DeFi Rate’s total measures contracts at 1 dollar face value across nine exchanges.
  • The chambers carry different pricing: Democrats stand at 94 percent for a House win, versus about 70 percent for Senate control.
  • Senate pricing has moved: The Democratic Senate-control figure rose 4 points over the past week; the supplied summary does not identify what drove that change.
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Sources & attribution

Published
  1. Source
    DeFi Ratedefirate.com
    Source URL
    The feed did not publish this story's article address.

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