The 2026 midterm elections are over, and attention is beginning to turn to the 2028 presidential race, although Democratic primary contests are still more than a year away. Kalshi’s prediction market currently gives its leading potential nominee a 22% implied chance of securing the party’s nomination.
Kalshi lets users trade contracts tied to future events. The market for the Democratic nomination has recorded more than $264 million in reported trading volume, according to the figures cited in the report.
The ranking of the 10 names leading the market was based on Kalshi odds shown on the morning of November 4. The candidates named were Alexandria Ocasio-Cortez, Andy Beshear, Gavin Newsom, James Talarico, Jon Ossoff, Josh Shapiro, Kamala Harris, Mark Kelly, Pete Buttigieg and Rahm Emanuel. The available source does not provide their individual odds or identify the frontrunner by name.
Sources: Just Jared.