BUSINESSQUARTZ
Novig surpassed $125 million in first-week trading, topping rivals Kalshi and Polymarket
Novig achieved over $125 million in first-week trading volume. This opening-week total surpassed several rivals, including Kalshi and Polymarket U.S. Furthermore, the platform’s volume was higher than that of Underdog and DraftKings' DKeX.
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Adjacent reporting
- Prediction markets entrant Novig posts more than $125 million in trading volume during its first week
- Kalshi and Polymarket’s combined volume reaches all-time high in July, surpassing $50 billion
- 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
- Markets trade higher in early deals; Bajaj Finance surges over 6%