Crypto Prediction Markets Show Trump Leading Harris Ahead of Election
With a day remaining before the US presidential election, prediction markets indicate an advantage for Trump over Harris.
On the crypto front, Polymarket assigns Trump approximately a 58% chance of winning, leading in open interest. Additionally, Drift Protocol’s BET platform, operating on the Solana blockchain, reports a daily trading volume of $20 million and gives Trump a 61% probability as of 11 am ET today.
Betfair Exchange, a UK-based betting platform, reports total bets reaching 136 million pounds (approximately $176 million).
In the US, Kalshi, a recently legalized event futures exchange, has recorded over $12 million in user bets since its inception. PredictIt shows candidates in a close race, maintaining a large user base despite undisclosed specific open interest figures.
Robinhood and Interactive Brokers have joined Kalshi as betting options for US citizens following a favorable ruling against the CFTC to facilitate election outcome trading. Interactive Brokers has reported over a million contracts traded since launching its market on October 3. Robinhood's open interest numbers are not publicly available.