TOTAL VOLUME:

$116.7b

24H VOL:

$107,266,600

24H TRANSACTIONS:

1,362,287,844

OPEN INTEREST:

$1,176,258,675

332,550

Markets across

33,140

events

MATCHED EVENTS:

4,150

PLATFORM COVERAGE:

5

Polymarket:

42%

VS.

Kalshi:

58%

Balance of Power: 2026 Midterms

Balance of Power: 2026 Midterms

Jul 11, 2025, 5:05 PM EST - Nov 2, 2026, 7:00 PM EST
Total volume:
$35,206,641
Volume 24h:
$99,654
16%
Liquidity:
$1,578,423
25%
Open interest:
$9,481,335N/A

Democrats Sweep

all

3 markets

Polymarket

49%

Predict

46.9%

Opinion

51%

consensus

49%

+0.6%

spread

46.9-51%

(4.1pp)

News

Positive

Negative

Neutral

Hover marker for details

Aug 19

Aug 21

Aug 22

Aug 23

Aug 24

Aug 25

Aug 26

Vol.

$240.3k

·

Resolves Nov 3, 2026

Outcome
Trade
Chance %
Price
Spread
Liquidity
Volume
24h
7d
Open Interest
Ends in
Result
MUI X License key version mismatch
Total markets: 15

Intro

This market tracks which party will control the House of Representatives and Senate following the 2026 United States midterm elections. The aggregated consensus probability for the leading outcome, a Democratic-controlled Senate and House, is 47.5%, while the Republican-controlled Senate and Democratic House outcome holds a 47.0% probability across Polymarket, Opinion, and Predict. Resolution is determined by Associated Press, Fox News, and NBC, with official certification as a fallback. Watch for the final election results on November 3, 2026.

PredictionHero - Resolution Divergence Alerts (RDA)

Unified Resolution Criteria (Consistent across platforms)

All three platforms (Predict, Polymarket, Opinion) employ identical resolution criteria, source hierarchy, and party affiliation rules with no material divergence.Primary resolution logic: Associated Press, Fox News, and NBC (three-source consensus); official certification if consensus not achieved

Core resolution logic:

  • House control: party wins majority of voting seats in House of Representatives
  • Senate control: party has more than half of voting Senate members, or exactly half with Vice President support
  • Party affiliation determined by ballot-listed party or most recent expressed caucus intent at time of conclusive call
  • Ambiguous House control resolved by party affiliation of first Speaker elected post-2026 midterms
  • Ambiguous Senate control resolved by party affiliation of first Majority Leader elected post-2026 midterms
  • Independent or third-party candidates classified by most recent caucus intent with Democrat or Republican party

Edge cases & clarifications:

  • Tied or Ambiguous Seat Count: If seat count does not clearly establish majority, resolution defers to Speaker (House) or Majority Leader (Senate) party affiliation as elected after the election
  • Independent or Third-Party Candidates: Candidates without ballot-listed Democrat or Republican affiliation are classified by their most recent expressed intent to caucus with either major party at time of conclusive call
  • Source Consensus Failure: If AP, Fox News, and NBC do not achieve consensus on House or Senate winners, resolution defaults to official state and federal certification
  • Vice President Tiebreaker: Senate control with exactly 50 voting members requires Vice President support; VP party affiliation determines which party holds Senate control in 50-50 split
Timing: Resolution occurs once all three primary sources (AP, Fox News, NBC) have conclusively called winners of both House and Senate races in the 2026 United States midterm elections; typically within days of election day on November 3, 2026Our PredictionHero Resolution Divergence Alerts (RDA) are there to help users identify potential differences across platforms. They do not replace or supersede the official rules and description of any prediction market. Users are solely responsible for reviewing and understanding the applicable rules and resolution criteria before placing any trade or bet. If you notice a potential inconsistency, discrepancy, or error in an alert, please report it to our team so we can review and improve the accuracy of our data.
Show more

Polymarket

This market will resolve according to the party that wins control of the United States Senate and the party that wins control of the United States House of Representatives in the 2026 United States midterm election. A party wins control of the United States Senate if it wins a majority of the chamber’s voting seats. If no party wins a majority of voting seats, the party that wins control of the chamber is the party that wins half of the voting seats and holds the Vice Presidency. If the outcome remains ambiguous after applying the above criteria, the chamber will be deemed controlled by the party with which the first selected President Pro Tempore of the Congress that convenes after the specified election is affiliated. A party wins control of the United States House of Representatives if it wins a majority of the chamber’s voting seats. If no party wins a majority of voting seats, the chamber will be deemed controlled by the party with which the first elected Speaker of the House of the Congress that convenes after the 2026 midterm election is affiliated. The following rules govern the counting of seats for determining which party wins control of the chambers. For determining Senate control, all regular and special Senate elections that determine representation in the upcoming 120th Congress and are scheduled to take place in November 2026 as of October 31, 2026 are included. Vacant Senate seats for which no election or special election to fill the seat is scheduled to take place in November 2026 as of October 31, 2026 will be treated as held by the party affiliation of the most recent member to hold that seat. For determining House control, all House elections in the 2026 United States midterm election that elect voting members and determine representation in the upcoming 120th Congress are included. Where a Senate or House seat is decided by a runoff, the runoff result will determine attribution of that seat, even if it takes place after November 2026. For seats contested in the specified election, seats are attributed to the party under which the member was elected. If a member-elect changes party affiliation, or vacates their seat, between election day and the formal organization of Congress, the seat is attributed to the party under which the member was elected. For seats not contested in the specified election, seats are attributed to the party that holds the seat as of the date of the election. If a current sitting member of the U.S. Senate who is not up for election changes party affiliation or vacates their seat after the date of the election, the seat is attributed to the party under which the member was affiliated at the time of the election. Senate and House members elected as independents who formally caucus with, or, for newly elected members, who announce their intent to caucus with, a party are included in that party’s count. If the caucus decisions of members of the Senate or House elected as independents cannot be determined on the date of the election, this market may remain open until the earlier of (i) an announcement from the relevant members of their intents to caucus, or (ii) January 4th, 11:59 PM ET of the following calendar year. If no such announcement is made by January 4th, 11:59 PM ET of the following calendar year, the member will not count towards the seat count of any party. The resolution sources for this market will be official information from relevant state electoral authorities, the United States Congress, and a consensus of credible reporting.

Predict

This market will resolve according to the result of the 2026 United States midterm elections. A party will be considered to have 'control' of the House of Representatives, if they win a majority of voting seats. A party will be considered to have 'control' of the Senate if they have more than half of the voting Senate members, or half of the voting Senate members and the Vice President. A candidate's party is determined by their ballot-listed or otherwise identifiable affiliation with that party at the time the 2026 United States midterm elections are conclusively called by this market's resolution sources. A candidate without a ballot-listed affiliation to either the Democrat or Republican Parties will be considered a member of one of these parties based on the party that they most recently expressed their intent to caucus with at the time the 2026 United States midterm elections are conclusively called by this market's resolution sources. If control of the House is ambiguous given the above rules, this market will resolve according to the party affiliation of the first Speaker of the US House who is selected following the 2026 United States midterm elections. If control of the Senate is ambiguous given the above rules, this market will resolve according to the party affiliation of the first Majority Leader of the US Senate who is selected following the 2026 United States midterm elections. The resolution source for this market is the Associated Press, Fox News, and NBC. This market will resolve once all three sources have conclusively called winners of the House and Senate in the 2026 United States midterm elections. If all three sources do not achieve consensus in calling the relevant races for this market, it will resolve based on the official certification

Opinion

This market will resolve according to the result of the 2026 United States midterm elections. A party will be considered to have 'control' of the House of Representatives, if they win a majority of voting seats. A party will be considered to have 'control' of the Senate if they have more than half of the voting Senate members, or half of the voting Senate members and the Vice President. A candidate's party is determined by their ballot-listed or otherwise identifiable affiliation with that party at the time the 2026 United States midterm elections are conclusively called by this market's resolution sources. A candidate without a ballot-listed affiliation to either the Democrat or Republican Parties will be considered a member of one of these parties based on the party that they most recently expressed their intent to caucus with at the time the 2026 United States midterm elections are conclusively called by this market's resolution sources. If control of the House is ambiguous given the above rules, this market will resolve according to the party affiliation of the first Speaker of the US House who is selected following the 2026 United States midterm elections. If control of the Senate is ambiguous given the above rules, this market will resolve according to the party affiliation of the first Majority Leader of the US Senate who is selected following the 2026 United States midterm elections. The resolution source for this market is the Associated Press, Fox News, and NBC. This market will resolve once all three sources have conclusively called winners of the House and Senate in the 2026 United States midterm elections. If all three sources do not achieve consensus in calling the relevant races for this market, it will resolve based on the official certification.

Frequently asked questions

This dashboard aggregates real-time odds and trading activity for the 2026 U.S. midterm elections across Polymarket and Predict. It tracks which party will control the Senate and House after November 2026, with outcomes ranging from unified Democratic control to Republican dominance to split chambers. The dashboard displays live consensus probabilities, cumulative trading volume of $34,816,468, and 24-hour activity of $38,039 to show where prediction market participants are positioning their capital and how sentiment is shifting.

Prediction markets like Polymarket and Predict incorporate polling data but also factor in betting incentives, historical accuracy, and real-money stakes that traditional surveys do not. Market odds reflect aggregated beliefs of thousands of traders with financial exposure, often diverging from snapshot polls by several percentage points. Polls measure voter intent at a single moment, while prediction markets continuously update as new information—economic data, candidate announcements, or legislative developments—emerges. This event's cross-platform volume of $34,816,468 suggests strong market confidence in pricing the midterm outcome.

Polymarket and Predict can show different implied probabilities for the same outcome because of liquidity, fee structure, participant mix, and how each venue defines the contract. Each platform attracts different user bases, liquidity pools, and trading strategies. Polymarket may show 48.5% for one outcome while Predict reflects 46.8%, a spread of 1.7 percentage points. Differences arise from varying fee structures, settlement timelines, regulatory environments, and the timing of large trades. Arbitrage traders exploit these gaps, but friction costs and platform-specific risks prevent instant convergence. Monitoring both venues reveals where smart money is concentrating and highlights potential mispricings in the broader midterm narrative.

The market resolves on Nov 3, 2026, following the 2026 U.S. midterm elections. Resolution depends on the final composition of both chambers of Congress—specifically which party holds a majority in the Senate and which controls the House. Outcomes include scenarios where Democrats hold both chambers, Republicans control both, or power is split. The resolution reflects the official election results certified by state authorities and Congress, ensuring clarity on party control for the next legislative term.

Major catalysts include economic indicators like inflation and unemployment, which historically drive midterm performance; legislative victories or failures by the sitting administration; scandals or retirements affecting key races; Supreme Court decisions on abortion or voting rights; geopolitical crises; and campaign spending announcements. Primary results in competitive districts will sharpen candidate quality assessments. Quarterly GDP reports, midterm-specific polling releases, and debate performances closer to November 2026 will all shift market odds. Unexpected events—leadership changes, indictments, or policy reversals—can rapidly reallocate the $34,816,468 in trading activity across outcomes.