Polymarket Overtakes Kalshi in DEX Spot Transaction Volume
The prediction market platform Polymarket has surpassed Kalshi in decentralized exchange spot transactions, marking a significant shift in competitive market dynamics.
Summary
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Terms & Concepts
DEX (Decentralized Exchange): A blockchain-based exchange enabling peer-to-peer trading without intermediaries.
Spot Transactions: Crypto trades settled immediately at the current market price, as opposed to futures or derivatives.
Prediction Market: A platform where participants trade contracts based on the outcome of future events.