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Kalshi Commodity Trading Volume Tops $400 Million a Month, Growing Four Times Faster Than Crypto

Source
JH Kim

Summary

  • It reported that monthly commodity-related trading volume on prediction-market platform Kalshi has surpassed $400 million.
  • Kalshi said its commodity products are expanding trading volume at roughly four times the pace of crypto products at a comparable stage of growth.
  • It reported that, as commodity-related prediction-market trading rises quickly, the range of products on Kalshi is expanding from crypto into commodities and other categories.

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Monthly trading volume tied to commodities on prediction-market platform Kalshi has surpassed $400 million.

Cointelegraph reported on September 8 that monthly volume for commodity-related contracts on the platform had exceeded $400 million.

Kalshi said trading volume in its commodity products is expanding at roughly four times the pace of crypto products at a comparable stage of growth.

As commodity-related prediction-market trading rises rapidly, the range of contracts traded on Kalshi is expanding beyond crypto to commodities and other categories.

Photo: Shutterstock
Photo: Shutterstock
#Prediction Market
JH Kim

JH Kim

reporter1@bloomingbit.ioHi, I'm a Bloomingbit reporter, bringing you the latest cryptocurrency news.

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