Kalshi Says 2026 Midterm Contract Trading Tops $2.5 Billion

Prediction-market platform Kalshi said trading in contracts tied to the 2026 U.S. midterms has passed $2.5 billion, nearing twice its volume during the 2024 election cycle. Markets span contests for the U.S. House and Senate, governor offices and state posts including attorney general, lieutenant governor and secretary of state. Kalshi put the 2024 cycle’s volume at $1.3 billion. The earlier midterm market coverage covered a $1.4 billion volume milestone. Kalshi said candidates favored by the contracts had won 479 races by early Nov. 4, an accuracy rate of about 98%. Enna Lee reports on investing and digital-asset markets for TokenPost. Send corrections or tips to info@tokenpost.com.

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