Kalshi logs $19 billion in contract volume in a single week
- —Weekly volume for Oct. 5-11 reached $19.03 billion at payout value
- —Sports and combo bets dominated, not elections or crypto
- —Volume is measured by potential payouts, not purchase price
Why it matters: The surge in prediction-market volumes sharpens competition with crypto platforms like Polymarket and draws institutional attention to the sector.
Source: CCN — Crypto News