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Kalshi Leads Prediction Market Industry for 17th Straight Week

The update says Kalshi generated more than $3.5 billion in notional volume and accounted for about 54% of total industry activity during the period.

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Terms & Concepts
  • Notional volume: The total face value of trades executed, used to measure market activity rather than actual profit or cash exchanged.
  • Prediction market: A trading market where participants buy and sell contracts tied to the outcome of future events.