Kalshi advances in the race on the prediction market, capturing a dominant part of the volume of negotiation while competitors like Polymarket grow in the regulated American territory.
From September 11 to 17, Kalshi represented 62% of the total volume in the chain prediction market, according to Dune Analytics data, while Polymarket was 37%. The elder’s weekly negotiation rate exceeded $ 500 million, with an average open interest of around $ 189 million.
Its volume is beyond that of Polymarket, which amounted to $ 430 million, and its average open interest of $ 164 million, which implies “sticker positions on polymarket and faster turnover on Kalshi”.
Polymarket longer -term markets, which often extend during weeks or months, mainly keep user funds for longer periods.
This appears in the interest / volume open ratio: the polymarket was on average 0.38, while Kalshi was lower at 0.29. This suggests that Kalshi users are negotiated more often, while polymarket positions tend to sit.
However, Polymarket builds a greater position in the United States. The platform has erased its acquisition of QCX, an exchange of regulated derivatives, to enter the country again.
It also launched market-based markets with the social investment platform, designed to allow shareholders to cover the risks of risks realization of risks and analysts assess the feeling of the market in real time.
Read more: Polymarket weighs an assessment of $ 9 billion in the middle of user overvoltage and CFTC approval: information
