Midterm markets favor Democrats as Republican control draws low prices
DeFi Rate's 2026 midterms hub, with quotes observed on October 31, prices a Republican sweep of both chambers at 5.9 cents on Kalshi and 4.5 cents on Polymarket, while Democrats remain favored to win both the House and the Senate.
DeFi Rate’s 2026 midterms hub shows Democrats favored to win both the House and the Senate, with Republican control of both chambers priced substantially below that outcome.
Republican sweep quotes differ across platforms
Quotes observed on October 31 put a Republican sweep of both chambers at 5.9 cents on Kalshi and 4.5 cents on Polymarket, according to DeFi Rate.
Kalshi’s quoted price was higher than Polymarket’s, though both placed the Republican sweep outcome at a low price. The supplied summary does not include corresponding prices for Democratic control of either chamber or both chambers.
A dated market snapshot
The report was published on Oct 31, 2026, at 9:00 PM ET. Its quotes describe the markets observed on October 31, rather than an election result.
The available material provides no earlier quotes or trading-volume figures. It therefore does not establish whether the Republican sweep prices had risen or fallen, or how much trading supported them.
What it means for prediction markets
- Cross-platform pricing: The same broad Republican sweep outcome carried different quoted prices on Kalshi and Polymarket.
- Favored outcome: According to DeFi Rate, Democrats remained favored to win both chambers, but the summary supplies no prices for those outcomes.
- Interpretation limits: These are dated market quotes, not confirmed results; the available information does not establish a price trend.
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.
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