Bitcoin Bets Drive Kalshi and Polymarket to $2.7B Weekly Record
Edited by Steinar Vigdel Kolnes, Editor, Oslo
Weekly notional volume in crypto-related contracts across Kalshi and Polymarket reached a record $2.7 billion, led by short-term bitcoin bets.
Crypto-related prediction contracts on Kalshi and Polymarket generated a combined $2.7 billion in weekly notional trading volume, setting a record, according to Bitcoin.com News.
Short-term wagers on bitcoin’s price direction accounted for most of the activity. Those contracts drove the reported total across the two prediction-market platforms.
The figure covers crypto-related contracts rather than all trading on either platform. The source did not provide a breakdown of volume between Kalshi and Polymarket.
Source: Bitcoin.com News