Kalshi Hits $1 Billion Weekly Trading Volume Record
The prediction market platform reached an unprecedented $1 billion in trading activity within a single week, marking a significant milestone in its growth trajectory.
Summary
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Terms & Concepts
- Prediction Market: A platform where participants trade contracts based on the outcomes of future events, with prices reflecting aggregated market expectations.
- Trading Volume: The total value of trades executed within a given period, often used to gauge market activity and liquidity.