Kalshi Overtakes Polymarket with $2 Billion Monthly Trading Volume
Kalshi has surpassed Polymarket in market share, recording over $2 billion in 30-day trading volume.
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Terms & Concepts
- Market Share: The portion of a market controlled by a particular company or platform, often measured by trading volume or revenue.
- Trading Volume: The total value or quantity of trades executed on a platform during a specific period, used to gauge activity and liquidity.
- Prediction Market: A marketplace where participants trade contracts based on the outcome of events, with prices reflecting collective probability estimates.