Parlays Push Kalshi Past $3.9 Billion in a Day, Twice in a Weekend

Kalshi sets back-to-back daily volume records as parlays drive 70% of trading

Kalshi's reliance on parlay contracts raises regulatory concerns, potentially impacting its growth and the broader prediction market landscape.

Kalshi Records $3.9 Billion in Trading Activity as Parlays Drive Volume

The total counts contracts at their $1 notional payout value, rather than traders’ purchase prices or platform revenue. Crypto, commodities and financial markets generated $20.4 million in fees in the seven days throu…

Parlays Drive Kalshi’s $3.9 Billion Trading Days, Analysis Finds

Combos supplied roughly 70% of weekend notional volume, according to Bitcoin.com’s analysis, but that measure is not cash spent by buyers or a count of new users.... Read the full story at The Defiant

Parlays Push Kalshi Past $3.9 Billion in a Day, Twice in a Weekend

Kalshi set back-to-back daily volume records over the weekend, at $3.91 billion on Saturday and $3.96 billion on Sunday. Parlay-style combos made up about 70% of both days, most of them long shots priced below 1 cent. Combos Supplied Most of the Growth Kalshi’s daily market data, which runs on U.S. Eastern days, shows $3.91 […]

Kalshi Hits $19B Weekly Volume; Polymarket US Nearly Triples

Kalshi reached $19.03 billion in weekly contract volume Oct. 5-11. Polymarket US Trade Volume nearly tripled in six weeks.