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Kalshi Elections markets in numbers

In the public Becker Kalshi dataset (markets created Jun 2021 to Nov 2025), Kalshi's Elections category had 4,479 markets across 945 series, with 1.77B contracts traded; 21.4% of markets never traded and 22.5% of settled markets resolved YES.

Historical snapshot · source: Becker Kalshi dataset and Kalshi public API · page updated · these numbers as JSON

Markets on who wins a race, by how much and in which states or districts, for US and international elections. Many election series cover a single race, so the category has many series with few markets each.

Key numbers

MeasureValue
Series945
Markets4,479
Events1,037
Contracts traded1,768,228,756
Markets never traded957 (21.4%)
Settled markets (yes or no)2,163
Resolved YES487 (22.5% of settled)
Resolved NO1,676 (77.5% of settled)
First market createdApr 22, 2024
Last market createdNov 23, 2025

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By year the market was created

YearMarketsContracts tradedNever tradedSettled
20241,2281,563,534,5695.9%964
20253,251204,694,18727.2%1,199

Highest-volume series in Elections

SeriesKalshi titleMarketsContracts tradedNever traded
PRESPresidential elections8535,948,94325.0%
POPVOTEMOVPopular vote margin of victory18134,863,9990.0%
KXMAYORNYCPARTYMayor of NYC party winner5121,642,5530.0%
ECMOVElectoral college margin of victory1686,308,1170.0%
POPVOTEMOVSMALLPopular vote margin of victory small1884,757,9970.0%
POPVOTEPopular vote winner281,933,5150.0%
POPVOTEMOVSMALLERPopular vote margin of victory small1337,209,3720.0%
SENATEAZArizona Senate race435,499,0310.0%
KXPRESNOMDDemocratic Primary winner3828,945,2950.0%
PRESPARTYFULLPopular vote/Electoral College winner428,921,0060.0%

Compare categories: volume by year · share never traded · YES share by category

Why YES shares are often low or near half: ladders and brackets list many mutually exclusive outcomes per event and only one resolves YES, while game markets come in pairs with one winner. The share reflects how markets are structured, not a forecast or a trading rule.

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Method

Source

Market data: Becker Kalshi dataset (Jon Becker, prediction-market-analysis), data dump downloaded Jul 30, 2026, covering markets created Jun 30, 2021 to Nov 23, 2025. Category labels: Kalshi public API (GET /trade-api/v2/series). Computed with DuckDB over all markets files. This is a historical snapshot, not live data. Dataset snapshot date: Oct 17, 2026.