Kalshi, a leading prediction platform, has reported a significant surge in trading volume, reaching $1.3 billion this month. This marks its best performance in nearly a year and positions Kalshi as the dominant player in the global prediction market, accounting for 62.2% of the trading volume. This is a substantial increase from last year when it held just 3.1% of the market.
The platform's growth has outpaced its competitor Polymarket, which recorded a trading volume of $773 million. Kalshi's services are exclusively available to US consumers, and the last time it exceeded $1 billion in monthly trading volume was during the US presidential election in November 2024. Despite the possibility of Polymarket closing the gap by month's end, Kalshi's recent performance underscores its rising popularity.
Kalshi's Trading Volume Hits $1.3 Billion, Surpassing Polymarket
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