Polymarket saw $600 million in election trades after the elections were over

According to Ars Technica, two global election markets on Polymarket’s offshore platform, for instance, generated over $600 million in trading volume, far more than most political markets typically attract.

Prediction market boosters often tout the platforms as barometers of public opinion, or even “truth machines” offering a clearer picture of where things are headed than polling or other data. In 2024, for example, Kalshi beat many pollsters in forecasting the outcome of the US presidential race.

This politics story centres on the United States. Names and organisations mentioned in the coverage include Kalshi and Polymarket.

Why it matters

Political decisions and disputes like this can influence policy, public services and the direction of government.

Key details

Location

United States · Americas

Reported by

Ars Technica

First reported

16 Oct 2026, 19:49 IST

Key names

Kalshi, Polymarket

Section

Politics

Sources

This is an independent summary. Read the full, original reporting from the publisher:

• Ars TechnicaPolymarket saw $600 million in election trades after the elections were over 16 Oct, 19:49

Read the full story at Ars Technica ↗

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