Kalshi tops $2.5b in midterm trading, nearly doubling 2024 volume
AI summary
Kalshi reported over $2.5 billion in trading volume on its 2026 U.S. midterm election markets, nearly double the $1.3 billion seen in the 2024 cycle. The Nov. 4 recap noted traders positioned around Democratic control outcomes. Growing prediction-market volume signals rising demand for event-based trading venues that increasingly compete with crypto-native platforms for attention and liquidity.
