Markets· ★★★· neutral·

US election prediction markets top $1.4 billion in trading volume

  • —Kalshi logged nearly $1.1 billion in election volume; Polymarket topped $340 million
  • —Combined volume exceeded $1.4 billion, but measures cumulative trades, not money staked
  • —Kalshi suspended six candidates for betting on their own races
  • —ForecastEx by Interactive Brokers reported $6.4 million; Smarkets about $200,000
Why it matters: The sector's rapid growth is drawing regulatory scrutiny and raising concerns about insider trading on political events.
Source: DiarioBitcoin
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