Polymarket and Kalshi’s combined lifetime volumes hit $150 billion in April
Despite a monthly volume dip, Polymarket and Kalshi surpassed $150 billion in combined lifetime trading volume in April.Summary
Leading prediction markets Polymarket and Kalshi experienced a dip in their combined monthly trading volume in April, breaking a seven-month streak of record highs. This decline was primarily driven by lower activity on Polymarket's global platform, although its U.S. subsidiary and Kalshi saw growth. Despite the monthly decrease, the platforms collectively surpassed $150 billion in lifetime trading volume in April. Both platforms are navigating increasing regulatory attention, with Kalshi having won a legal battle allowing election-related contracts and Polymarket seeking to re-enter the U.S. market. The CFTC is now more supportive of prediction market experimentation. Both companies are also taking steps to prevent insider trading.
(Source：The Block)