Kalshi’s midterm trading tops $1.4 billion as traders bet on a Democratic sweep of Congress | Fortune
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Kalshi’s trading volume for the 2026 U.S. midterm elections has surpassed $1.4 billion, with traders increasingly betting on a Democratic sweep of Congress, Fortune reported on November 3, 2026. The prediction-market platform’s activity spans participants from Texas to Los Angeles, reflecting broad engagement in election-contract trading. Recent electoral surprises have prompted caution about the odds despite the Democratic lean. The volume underscores prediction markets’ growing role as a real-time gauge of political outcomes ahead of the midterms. Traders will watch whether the Democratic-sweep contracts hold or reverse as more election data and results emerge.
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Named in this story
Kalshi, Congress, Democratic Party