BUSINESSTHE BLOCK
Kalshi and Polymarket’s combined volume reaches all-time high in July, surpassing $50 billion
Kalshi and Polymarket’s combined trading volume reached an all-time high in July, surpassing $50 billion. Polymarket US's volume increased by 54%, while the main Polymarket platform's volume decreased by 26% compared to June.
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Adjacent reporting
- Polymarket and Kalshi’s combined lifetime volumes hit $150 billion in April
- Polymarket's annualized revenue topped $1 billion within six weeks of its U.S. launch
- Kalshi targets a massive $40 billion valuation, widening lead over rival Polymarket
- Polymarket annualized revenue surpasses $1 billion six weeks after its U.S. exchange launch
- Polymarket in talks to raise $400M at a $15B valuation: Report