Prediction market turnover hits $6.1 billion as Senate prices diverge
DeFi Rate puts total prediction market volume at 6.1 billion dollars over the last 24 hours across nine exchanges, counting contracts at one dollar each. Its comparison board also shows Polymarket pricing a Democratic Senate outcome 1.5 points higher than Kalshi.
Prediction markets recorded $6.1 billion in volume over the last 24 hours across nine exchanges, according to DeFi Rate. The total counts contracts at $1 each.
The snapshot, published Nov 1, 2026 at 11:15 AM ET, brings together activity across those exchanges. The supplied summary does not break down the total by venue or contract.
Senate pricing differs across platforms
DeFi Rate’s comparison board also shows Polymarket pricing a Democratic Senate outcome 1.5 points higher than Kalshi. That puts the same broad political outcome at different price levels on the two platforms.
The summary provides neither platform’s absolute price nor the full contract terms. It therefore establishes the reported gap, but not whether differences in settlement criteria or other contract details affect the comparison.
What it means for prediction markets
- Volume needs its accounting context: The $6.1 billion figure uses a $1-per-contract convention; it should not be read as a separate measure of cash committed.
- Venue prices are not uniform: The reported 1.5-point spread places Polymarket above Kalshi for a Democratic Senate outcome.
- The snapshot has limits: Without venue-level volume, absolute prices or contract terms, the summary cannot establish where activity is concentrated or explain the pricing difference.
Sources & attribution
- Published
- Source
- DeFi Ratedefirate.com
- Publisher
- https://defirate.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 DeFi Rate”). 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.
Related
- CPI inflation above 4.1% for the year ending in November 2026 priced at 26c on Kalshi, up 3c, with 29 contracts traded in 24 hours
- Trader places 13,148 dollars in No shares against Republicans holding below 190 House seats on Polymarket, QuiverQuant reports
- Polymarket Week 8 NFL player props price James Cook over 80 rushing yards at 54 cents and Bijan Robinson over 80 at 52 cents, Action Network reports
- Combined Polymarket and Kalshi Bitcoin forecast puts Bitcoin near 82,700 dollars on November 1 across about 270 markets, CoinSpectator reports
- Ohio Senate market prices Sherrod Brown at 74 percent on Polymarket against Jon Husted after near-even odds in mid-September, Substack reports
- Kalshi closes 1 billion dollar funding round at a 40 billion dollar valuation co-led by Sequoia Capital and Wellington Management, Cointelegraph reports