Alshi and Polymarket Prediction Markets Near $10B Monthly Volume Record
Kalshi and Polymarket posted strong November growth, with trading volumes rising over 20% each and combined figures approaching a $10 billion milestone.
Summary
Prediction market Kalshi reported November trading volume of $5.8 billion, a 32% month-over-month increase, while Polymarket reached $3.74 billion, up 23.8%. Together, the platforms saw nearly $10 billion in combined monthly volume, underscoring their dominance in the prediction market sector.
Terms & Concepts
- Prediction Market: A platform where participants trade contracts based on the outcomes of events, with prices reflecting perceived probabilities.
- MoM (Month-over-Month): A financial metric comparing values from one month to the previous month to measure growth or decline.