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Trading volume surges and data distortion controversy amid rising popularity of prediction market combo contracts

CNBC ·

  1. 1Trading volume is surging as combo contracts gain popularity, though they account for a small portion of overall platform activity.
  2. 2Combo contracts accounted for over 50% of Kalshi's nominal trading volume last month and nearly 50% of Polymarket U.S. daily trading volume.
  3. 3Rich Jaycobs stated that prediction market dollar volume could be 20 to 100 times larger than sportsbooks due to differences in CFTC reporting methods.

So what's the key point?

Trading has increased significantly in prediction markets as contracts combining multiple conditions become popular. About half of the trading volume for Kalshi and Polymarket U.S. was made up of these contracts.

Source CNBC · View original ↗

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