Summary
- US-based decentralized prediction platform Kalshi's weekly trading volume surpassed $500 million, exceeding Polymarket.
- Kalshi accounted for 62% of global prediction market trading last week, and its average open interest also exceeded Polymarket's.
- The outlet assessed that despite Polymarket's recent entry into the US, Kalshi is showing an advantage in market platform competition.
US-based decentralized prediction platform Kalshi's weekly trading volume surpassed Polymarket's.
On the 21st (local time), CoinDesk reported that last week Kalshi's weekly trading volume exceeded $500 million, accounting for 62% of global prediction market trading. During the same period, Polymarket's trading volume was $430 million.
Open interest also exceeded Polymarket's. Last week Kalshi's average open interest was $189 million, surpassing Polymarket ($164 million).
The outlet said, "Despite Polymarket's recent entry into the US, Kalshi is showing an advantage in the market platform competition."
Son Min
sonmin@bloomingbit.ioHello I’m Son Min, a journalist at BloomingBit
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