Kalshi is advancing in the prediction market career, capturing a dominant proportion of the commercial volume, even when competitors such as Polymket push towards the regulated territory of the United States.
From September 11 to 17, Kalshi represented 62% of the total volume in the prediction market sector in the chain, according to Dune Analytics data, while the Polymket stood at 37%. The weekly negotiation rhythm of the first exceeded $ 500 million, with an average open interest of around $ 189 million.
Its volume is beyond Polymket, which stood at $ 430 million, and its average open interest of $ 164 million, which implies “decal positions in Polymket and a faster rotation in Kalshi.”
Polymket’s long -term markets, which are often extended for weeks or months, essentially maintain user funds for longer periods.
This appears in the relationship of interest at open volume: Polymarket averaged 0.38, while Kalshi sat down lower at 0.29. That suggests that Kalshi users operate more frequently, while Polymket positions tend to sit.
Even so, Polymarket is building a larger position in the US. The platform has eliminated its acquisition of QCX, an exchange of regulated derivatives, to enter the country again.
It has also launched markets based on profits with social investment platform stocks, designed to allow shareholders to cover the risk of profits and analysts evaluate market feeling in real time.
Read more: Polymarket weighs $ 9b of valuation in the middle of the user’s over -the -abroke and the approval of CFTC: the information
