Polymarket retains lead over Kalshi in political and election trading volume

Polymarket is still the main venue for political predictions, surpassing even Kalshi in this niche. In the past week, the US midterm elections expanded Polymarket’s trading volumes on political bets. Polymarket still benefits from political predictions as one of its significant sources of liquidity. In the first week of November, political prediction markets reached $396M in trading volumes, up by 34.2% from the previous week. Political predictions almost tripled since early October, mostly driven by the US midterm elections. Polymarket still dominates political predictions, accounting for most of the trading volumes, and is not ceding market share to Kalshi. For Kalshi, political predictions make up around 1.5% of all volumes, even during the midterm elections. The platform relies on sports for 85.2% of its volumes.

BeCrypto News shows a short excerpt and links to the publisher. The full report belongs to Cryptopolitan.