Trading volume surges in Kalshi and Polymarket election prediction markets
- 1More than 87% of all election markets on Kalshi and Polymarket assigned a win probability of over 90% to the appropriate candidates 24 hours before election day
- 2Total trading volume for Kalshi's midterm election-related contracts exceeded $3 billion
- 3The two exchanges on Polymarket recorded approximately $700 million in midterm election contract trading volume last week
So what's the key point?
Election-related trading increased significantly on Kalshi and Polymarket. Trading volume for Kalshi's midterm election contracts surpassed $3 billion.
Source CNBC · View original ↗
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