Senate swing-state contract leads prediction-market trading ahead of midterms
DeFi Rate ranked the Senate swing states market first among its top 50 prediction markets by 24-hour volume, with 128 outcomes and a Polymarket price of 25 cents for the leading outcome. Politics was the largest category on the board ahead of the November 3 midterms.
A market tracking which Senate swing states Republicans will win generated 1.9 million dollars in trading over 24 hours, placing it first in DeFi Rate’s ranking of the top 50 prediction markets by that measure.
The ranking, published Nov 1, 2026 at 8:45 AM ET, puts the Senate contest at the center of the trading activity described ahead of the November 3 midterms.
Volume leads, but the outcome picture is limited
According to DeFi Rate, the market included 128 outcomes. The leading outcome carried a Polymarket price of 25 cents, though the supplied summary does not identify that outcome.
Politics was the largest category on DeFi Rate’s board. That category-level position and the Senate market’s volume lead are distinct measures: neither, on its own, establishes which states traders expect Republicans to win.
What it means for prediction markets
- The 1.9 million dollars figure measures trading over 24 hours. Its first-place standing applies to DeFi Rate’s top 50 ranking, rather than establishing a universal lead across all markets.
- With 128 outcomes and only the leading outcome’s 25-cent price supplied, the information is insufficient to reconstruct state-by-state expectations.
- The snapshot precedes the November 3 midterms; it describes activity at the reported time, not an election result.
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
- Predictions.io tracks 1,670 validated Polymarket-Kalshi question matches, with Polymarket carrying $6.3B of volume on 2,932 open questions against Kalshi's $2.3B on 6,455 open questions
- NBA names Kalshi and Polymarket its preferred prediction market exchanges and signs a CFTC integrity memorandum, KuCoin reports
- Polymarket is investigating well-timed Netanyahu trades from newly created wallets after markets missed on Israel's election, Wall Street Journal reports
- Any country leaving NATO by June 30, 2027 market falls 23.5 points to 8.5 percent on Polymarket, PredictionBubbles reports
- Next Fable Model release by November 19 priced at 61 percent on Polymarket, down 9.5 points, PredictionBubbles reports
- Chargers at Rams market prices Los Angeles at 73 percent across prediction markets for the Sunday afternoon slate, Covers reports