Polymarket and Kalshi Propel March Prediction Market Volume to $25.7 Billion
- March’s prediction market volume reached $25.7 billion, the second-highest on record.
- Polymarket led with $13 billion in activity, while Kalshi followed with $10 billion.
- Polymarket recorded approximately 115 million trades compared to Kalshi’s 88 million in March.
- Prediction markets hold around $939.86 million in open interest, with Kalshi at $487.21 million and Polymarket at $422.09 million.
- Despite regulatory scrutiny from the CFTC and U.S lawmakers, both platforms continue to see significant growth.
The prediction market sector saw a notable increase in March, driven by major players Polymarket and Kalshi, which together accounted for the bulk of trading volume and open interest. This growth persists amid regulatory challenges, highlighting their resilience in the market landscape.
March’s figures underscore a robust period for prediction markets, with Polymarket and Kalshi dominating transactions and open interest despite ongoing scrutiny from regulatory bodies like the CFTC.(Source)
