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Polymarket and Kalshi's total historical trading volume exceeds 150 billion dollars.

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PANews
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3 hours ago
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PANews May 2 news, according to The Block report, the total historical trading volume of prediction market platforms Polymarket and Kalshi exceeded 150 billion dollars in April, but ended a series of seven consecutive months of monthly trading highs since last September. In April, the number of active traders on Polymarket fell to about 643,000, a decline from over 733,000 in March, with both its global platform dollar trading and nominal trading declining, but the ongoing U.S. sub-platform and Kalshi overall are still growing. Kalshi won the lawsuit with CFTC in 2024, allowing the provision of election contracts, rapidly expanding in the U.S.; Polymarket has returned to the U.S. through the acquisition of a licensed derivatives exchange and is seeking to move the entire global market to the U.S. market. CFTC has adopted a more lenient experimental attitude towards prediction markets under the new government while suing multiple states to prevent them from blocking such platforms with state-level regulations.

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