Exchanges· ★★★· neutral·

Kalshi's Parlay Maker Fees Pulled in $26 Million in Four Weeks

  • Parlay maker fees took effect Aug. 20 and raised $26 million in four weeks
  • Collections hit $1.7 million on Sept. 12 and routinely top $1 million on weekends
  • Parlay volume set a record $1.49 billion on Sept. 13, with $68.4 million staked by takers
  • Takers have lost over $620 million after fees since parlays launched in September 2025
Why it matters: Kalshi is back near its World Cup-era fee peak, sharpening competition with Polymarket US, which rebates makers instead of charging them.
Source: Bitcoin.com