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Kalshi Tops Polymarket as U.S. Prediction Market Volumes Spike

Kalshi Leads Prediction Market Activity as Polymarket Expands in U.S.

Kalshi dominated the on-chain prediction market last week, posting weekly volumes above $500 million and average open interest around $189 million, data from Dune Analytics show. The platform accounted for 62% of total sector volume, highlighting faster trading activity compared with Polymarket’s longer-term positions.

Polymarket, meanwhile, is building U.S. market presence via the acquisition of QCX and new earnings-based markets with Stocktwits, signaling that both platforms are positioning for continued growth in institutional and retail segments.

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