Kalshi leads sports prediction trading as daily volume falls 23 percent
DeFi Rate reports sports markets traded 407 million dollars in the last 24 hours as of November 4, 1:30 a.m. ET, down 23 percent from the prior 24 hours, with Kalshi at 213 million dollars, Polymarket US at 74 million dollars and Polymarket at 52 million dollars. The most-traded sports event was New Zealand vs India on Kalshi at 1.5 million dollars, with India priced as the favorite at 94 percent.
Sports prediction markets recorded 407 million dollars in trading over the last 24 hours as of November 4, 2026, at 1:30 a.m. ET, according to DeFi Rate. That was down 23 percent from the prior 24 hours.
Platform volumes and the leading event
Kalshi accounted for 213 million dollars of the reported activity. Polymarket US recorded 74 million dollars, while Polymarket registered 52 million dollars, according to DeFi Rate.
The most-traded sports event was New Zealand vs India on Kalshi, with 1.5 million dollars in volume. India was priced as the favorite at 94 percent.
The figures provide a snapshot of platform activity and pricing at the stated cutoff. The supplied summary does not identify what drove the decline in overall sports trading.
What it means for prediction markets
- Activity slowed: The 23 percent decline measures trading volume against the preceding 24 hours, rather than a change in any event’s implied probability.
- Kalshi led the named platforms: Its 213 million dollars exceeded the reported volumes for Polymarket US and Polymarket individually.
- India carried a strong market preference: The 94 percent price reflected the market’s assessment in the leading sports event, not a confirmed outcome.
Sources & attribution
- Published
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- DeFi Ratedefirate.com
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- https://defirate.com
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