Kalshi: Trading volume on US midterm election markets tops $2.5B, roughly double 2024

November 8: According to Crypto.news, prediction market platform Kalshi reported that trading volume on its markets related to the 2026 US midterm elections has surpassed $2.5 billion, nearly twice the $1.3 billion of the 2024 election cycle. Kalshi data shows that, as of the morning of November 4, the candidate favored by the market (the "favorite") won 479 of those races, an accuracy rate of about 98%. These races covered House, Senate and gubernatorial elections, as well as contests for state attorney general, lieutenant governor and secretary of state.