Polymarket Tops $1.93 Billion in Weekly Trading Volume, Surpassing Kalshi

Recent Dune data shows prediction market transactions reached a record 47.26 million last week, with Polymarket leading at 26.26 million trades and Kalshi following with 20.04 million.

Summary

Last week, prediction market activity hit a record 47.26 million transactions, according to Dune data. Polymarket accounted for 26.26 million trades, maintaining its lead over Kalshi, which recorded 20.04 million trades. This further underscores the dominance of Polymarket in the blockchain-based prediction market sector and highlights strong trading engagement across major platforms.

Terms & Concepts
  • Prediction market: A platform where users trade on the outcomes of future events, using market prices to indicate collective probabilities.
  • Polymarket: A blockchain-based prediction market platform allowing users to speculate on real-world events using crypto assets.
  • Kalshi: A regulated prediction market platform in the United States that offers event-based contracts overseen by the CFTC (U.S. derivatives regulator).