Kalshi draws the front of the prediction market and catches a dominant proportion of trading volume, even when competitors like the polyme field push into regulated American territory.
From 11 to 17 September, Kalshi accounted for 62% of the total volume in the market sector on the chain, according to Data from Dune Analytics, while the Polymarket’s accounted for 37%. The former weekly trade velocity peaked $ 500 million with an average open interest rate of about $ 189 million.
Its volume is, in addition to the polymarket, which stood at $ 430 million, and its average open interest of $ 164 million, which involves “stickers on the polymemarket and faster turnover on Kalshi.”
The prolonged markets of the polymarket, which often extend over the course of weeks or months, keep the user funds locked inside for extended periods, essentially.
This emerges in the open interest-to-volume ratio: The polyming field was an average of 0.38, while Kalshi was lower at 0.29. It suggests that Kalshi’s users are acting more often, while the positions of the polymarket tend to sit.
The polymarket is still building a larger position in the United States, the platform has cleared its acquisition of QCX, a regulated derivative exchange, to enter the country again.
It has also launched earnings -based markets with social investment platform Stocktwits, designed to allow shareholders hedge earnings risk and analysts market mood in real time.
Read more: Polymarket weighs $ 9b Valuation in the middle of the user wave and CFTC Authorization: The information
