Kalshi prediction platform records a record spot trading volume of 2.3 billion USD in the week ending 12/21, surpassing competitor Polymarket with 1.2 billion USD. This is the first time Kalshi’s weekly volume exceeds 2 billion USD. This growth occurred after Kalshi integrated the TRON network, allowing deposits and withdrawals of TRX and USDT. As of 12/23, Kalshi’s total trading volume exceeded 23.7 billion USD.
The sports market remains the leading sector, with predictions for the next Super Bowl champion reaching over 65.8 million USD. At the end of October, Kalshi’s sports market reached over 1.1 billion USD in a week, while politics was only 51 million USD. Polymarket recorded 357 million USD during the same period. The prediction market exploded over the past year, especially since the US presidential election, with Kalshi surpassing Polymarket from September. Both platforms set monthly trading records in November.
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