{"id":89092,"date":"2025-09-19T15:47:34","date_gmt":"2025-09-19T12:47:34","guid":{"rendered":"https:\/\/forklog.com\/en\/?p=89092"},"modified":"2025-09-19T16:05:23","modified_gmt":"2025-09-19T13:05:23","slug":"kalshi-overtakes-polymarket-as-leader-in-prediction-market","status":"publish","type":"post","link":"https:\/\/forklog.com\/en\/kalshi-overtakes-polymarket-as-leader-in-prediction-market\/","title":{"rendered":"Kalshi Overtakes Polymarket as Leader in Prediction Market"},"content":{"rendered":"<p>Kalshi representatives have announced that the platform has achieved 62.2% of the global trading volume in the prediction market, reports The Block.<\/p>\n<p><!--more--><\/p>\n<p>A year ago, this figure was only 3.1%. Since the beginning of September, the platform&#8217;s turnover has reached $1.39 billion.<\/p>\n<p><iframe loading=\"lazy\" width=\"100%\" height=\"420\" frameborder=\"0\" src=\"https:\/\/www.theblock.co\/data\/decentralized-finance\/prediction-markets-and-betting\/kalshi-volume-monthly\/embed\" title=\"Kalshi Volume (Monthly)\"><\/iframe><\/p>\n<p>The monthly trading volume of its main competitor, Polymarket, stands at $821 million.<\/p>\n<p><iframe loading=\"lazy\" width=\"100%\" height=\"420\" frameborder=\"0\" src=\"https:\/\/www.theblock.co\/data\/decentralized-finance\/prediction-markets-and-betting\/polymarket-volume-monthly\/embed\" title=\"Polymarket Volume (Monthly)\"><\/iframe><\/p>\n<p>Kalshi&#8217;s figure surpassed the $1 billion mark in November 2024 amid the US elections. September is still ongoing, and Polymarket could overtake its competitor, but recent months&#8217; trends show growing interest in the alternative.<\/p>\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p>&#8220;It&#8217;s amazing to see how quickly Kalshi is growing,&#8221; commented the company&#8217;s head, Tarek Mansour.<\/p>\n<\/blockquote>\n<p>Activity on both platforms significantly decreased after last year&#8217;s US elections, but analysts predict further growth in the sector. According to media reports, companies <a href=\"https:\/\/forklog.com\/en\/news\/investors-value-polymarket-at-9-billion-reports-suggest\">may receive<\/a> higher valuations in upcoming investment rounds.\u00a0<\/p>\n<p>Polymarket is also <a href=\"https:\/\/forklog.com\/en\/news\/polymarket-finds-a-path-back-to-the-us-market\">preparing<\/a> to re-enter the US market following a 2022 agreement to block access for American users.<\/p>\n<h2 class=\"wp-block-heading\">Competition: The Soul of the Market<\/h2>\n<p>The platforms remain leading players in the prediction segment, where users can bet on the outcomes of various events. However, their business models differ significantly.<\/p>\n<p>Polymarket is a decentralized platform with a focus on the crypto market. It has recently intensified efforts to resume operations in the US through the acquisition of the derivatives exchange QCEX.\u00a0<\/p>\n<p>Kalshi already operates as a regulated American exchange. Recently, the platform has been striving to strengthen its position in the crypto segment, including through integration with the Solana and Base networks.<\/p>\n<p>Users attempt to predict not only cryptocurrency prices but also corporate financial results and key economic decisions. According to Bernstein data, the volume of trades on the question of a 25 basis point rate cut by the <span data-descr=\"Federal Reserve System of the United States\" class=\"old_tooltip\">Fed<\/span> exceeded $200 million on Polymarket and amounted to $85 million on Kalshi.<\/p>\n<p>Bernstein analysts <a href=\"https:\/\/www.theblock.co\/post\/371204\/bernstein-prediction-markets-crypto-ai-news\">note<\/a> that prediction platforms are emerging as a new interface for disseminating information, combining cryptocurrencies, artificial intelligence, and news.\u00a0<\/p>\n<p><a href=\"https:\/\/forklog.com\/en\/news\/coinbase-to-introduce-trading-of-tokenized-stocks-and-prediction-platform\">Coinbase<\/a> and <a href=\"https:\/\/forklog.com\/en\/news\/robinhood-to-launch-prediction-platform\">Robinhood<\/a> are striving to establish themselves in this segment, offering users the chance to bet on the outcomes of sports events in popular leagues, including the <span data-descr=\"National Football League, a professional American football league in the United States\" class=\"old_tooltip\">NFL<\/span>. In the US, sports betting has already become a multibillion-dollar market.<\/p>\n<p>Previously, Polymarket <a href=\"https:\/\/forklog.com\/en\/news\/polymarket-to-launch-prediction-market-for-public-company-earnings\">announced<\/a> the launch of a market for predicting public companies&#8217; earnings.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Kalshi representatives have announced that the platform has achieved 62.2% of the global trading volume in the prediction market.<\/p>\n","protected":false},"author":1,"featured_media":26216,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"1","news_style_id":"1","cryptorium_level":"","_short_excerpt_text":"Kalshi achieves 62.2% of global prediction market trading volume.","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[2364,1148,1595],"class_list":["post-89092","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-kalshi","tag-polymarket","tag-prediction-markets"],"aioseo_notices":[],"amp_enabled":true,"views":"484","promo_type":"1","layout_type":"1","short_excerpt":"Kalshi achieves 62.2% of global prediction market trading volume.","is_update":"","_links":{"self":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/89092","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/comments?post=89092"}],"version-history":[{"count":1,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/89092\/revisions"}],"predecessor-version":[{"id":89093,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/89092\/revisions\/89093"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media\/26216"}],"wp:attachment":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media?parent=89092"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/categories?post=89092"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/tags?post=89092"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}