About 90% of Kalshi's volume has come from sports contracts in recent months. In late 2024, prediction markets seemed poised to take over the world. Thanks to a big win in a court case against the ...

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The trading volume on the leading prediction markets platforms, Polymarket and Kalshi, has hit a new record high, surpassing the previous peak reached during the US presidential election last year.

In late 2024, prediction markets seemed poised to take over the world. Thanks to a big win in a court case against the Commodity Futures Trading Commission, prediction-market company Kalshi was able ...