Kalshi's weekly trading volume reaches $2.3 billion, nearly double that of Polymarket

robot
Abstract generation in progress

Kalshi prediction platform records a record spot trading volume of 2.3 billion USD in the week ending 12/21, surpassing competitor Polymarket with 1.2 billion USD. This is the first time Kalshi’s weekly volume exceeds 2 billion USD. This growth occurred after Kalshi integrated the TRON network, allowing deposits and withdrawals of TRX and USDT. As of 12/23, Kalshi’s total trading volume exceeded 23.7 billion USD.

The sports market remains the leading sector, with predictions for the next Super Bowl champion reaching over 65.8 million USD. At the end of October, Kalshi’s sports market reached over 1.1 billion USD in a week, while politics was only 51 million USD. Polymarket recorded 357 million USD during the same period. The prediction market exploded over the past year, especially since the US presidential election, with Kalshi surpassing Polymarket from September. Both platforms set monthly trading records in November.

TRX1,66%
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
0/400
No comments
  • Pin

Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)