Non-sports prediction market volume hits $10B, Kalshi controls 96%
- —Weekly non-sports prediction market volume reached $10 billion
- —Kalshi drew $9.6 billion, Polymarket $344.2 million
- —Kalshi's share of the segment rose to 96% from about 50% in June
- —Kalshi contracts are distributed by Robinhood, Coinbase, Webull and Moomoo
Why it matters: The growth of prediction markets intensifies competition for retail capital and attention to crypto betting, while Robinhood is building its own venue for such contracts.
Source: Cryptopolitan