Prediction Markets Hit $701.7 Million Daily Volume Led by Kalshi

Kalshi led with $465.9 million in trades, while Polymarket and Opinion contributed a combined $100 million, marking a new record for prediction market activity.

Summary

Prediction markets reached a record $701.7 million in daily trading volume, surpassing the previous day's $666.6 million. Kalshi accounted for $465.9 million, nearly two-thirds of the total, while Polymarket and Opinion contributed roughly $100 million combined.

Terms & Concepts
  • Prediction market: A platform where participants trade contracts based on the outcomes of future events.
  • Daily trading volume: The total value of trades conducted on a platform during a single day.