World Cup boom sends Polymarket volume up 300% while Kalshi sets open interest records
The Block·
60-second summary
Kalshi's aggregated open interest has reached a record $1.16 billion, surpassing the billion-dollar mark for the first time. This milestone comes on the heels of the World Cup boom, which has sent Polymarket volume up 300%. The surge in interest highlights the growing demand for decentralized prediction markets, fueling a significant increase in trading activity.
Kalshi's aggregated OI reached a record $1.16 billion last week, the first time the platform’s OI surpassed the billion-dollar mark.