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DeFi Rate authorCheryle Shepstone

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About Cheryle

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Cheryle has close to 20 years experience in the iGaming industry across casino, poker, and sports. She spent six years in a leadership role at Catena Media, driving SEO strategy and contributing to revenue performance. Her approach is shaped by industry experience, a strong commercial focus and an appetite for learning new things.

News

Stories by Cheryle Shepstone

41–60 of 80, newest first

  1. NFL Prediction Market Volume Tops $1.035B as Kalshi Reaches $983.36M

    NFL prediction market volume reached at least $1.035 billion from Sept. 7-13, with Kalshi accounting for $983.36 million as regular-season trading spread across the Week 1 slate.

  2. Kalshi Promo Code RATE: $25 Bonus for Week 1 Commanders vs. Eagles

    Use the Kalshi promo code RATE for a $25 trading bonus before Commanders vs. Eagles. Philadelphia was a 70% favorite ahead of Sunday’s Week 1 matchup.

  3. American Gaming Association Opposes CFTC Bid to Block New York Prediction-Market Enforcement

    The American Gaming Association opposed the CFTC's request to block New York's enforcement against prediction markets, a case over state versus federal authority.

  4. Fed Rate Hike Nears Certainty After Hotter Inflation Report

    Prediction markets moved to near-certainty on a September Fed rate hike after core inflation came in hotter than expected, and Polymarket US listed contracts on the meeting.

  5. Patriots-Seahawks Prediction Market Volume Jumps from $5.8M to $105.5M in 24 Hours

    The first game of the 2026 regular season nearly quadrupled the Kalshi volume generated by last year’s opener, pushing reported volume across three operators above $111 million.

  6. Prediction Market NFL Trading Volume Could Reach $57 Billion This Season

    DeFi Rate forecasts Kalshi's NFL trading volume for the season will far exceed last year's, modeling how volume builds week by week rather than extending current growth.

  7. NFL Prediction Market Volume Reaches $167.8M in Week Ending August 16

    NFL volume across Kalshi, Polymarket Global and Polymarket US hit $167.8 million, up 324.4% from week prior.

  8. Kalshi Promo Code RATE: $500 Trading Bonus for Skubal, Arraez, and Today’s MLB Slate

    Kalshi prices on whether Tarik Skubal and Luis Arraez will be traded before the MLB deadline, plus how the variable new-user bonus with promo code RATE works.

  9. Kalshi Promo Code RATE: Trade $25, Get Up to $500 for UFC Fight Night Abu Dhabi

    How Kalshi promo code RATE's variable new-user bonus works, and where Magomed Ankalaev and Bogdan Guskov trade for UFC Fight Night Abu Dhabi.

  10. Kalshi Tops $7.5B With a Day Left, Smashing Its Own Weekly Volume Record

    With one day still to trade, Kalshi had already beaten its weekly volume record, driven by World Cup matches, and was on track for its first eight-billion-dollar week.

  11. DraftKings Predictions Volume Climbs Again, Reaching $3.1B Annualized Run-Rate

    DraftKings reported a second straight month of double-digit growth in its prediction markets volume in May, though the pace eased from April.

  12. Kalshi $1 Million World Cup Contest: Predict 2026 World Cup Winner + Tickets to Finals

    Kalshi launched a free World Cup contest whose prize pool is shared among eligible entrants who correctly pick the champion, with tickets to the final also on offer.

  13. Forecast: World Cup Prediction Market Volume Could Hit $2.5 Billion in the US

    DeFi Rate projects the World Cup will draw billions in US prediction market volume, most of it on Kalshi, with the tournament winner contract outpacing March Madness.

  14. 2026 PGA Championship Odds: Outrights, Round Leaders, and Combos at Kalshi and Polymarket

    Kalshi's PGA Championship markets drew heavy volume by Day 1, led by the outright winner market, and Scottie Scheffler remains the favorite on every prediction market.

  15. Kalshi’s $52 Million UFC Event Had $11.1 Million on Chimaev

    UFC 328 was one of Kalshi's biggest fight nights, and most of the cash traded backed Khamzat Chimaev, who lost a split decision to Sean Strickland.

  16. Polymarket and Kalshi Open Trading on Chris Martin’s World Cup Final Halftime Show

    Polymarket and Kalshi have opened markets on the World Cup Final halftime show. The volume won’t match the Super Bowl, but the numbers won’t be a footnote either.

  17. Gemini Wins CFTC Clearing License, Eyes Full Derivatives Stack

    The CFTC registered Gemini affiliate Olympus as a clearinghouse, letting Gemini clear its prediction markets in-house and run both the exchange and clearing.

  18. Kalshi Oscars Odds: Best Actor, Actress, Director and Best Picture Right Now

    Kalshi and Polymarket Oscar odds by category, with One Battle After Another leading Best Picture, Sean Penn favored for Supporting Actor and Best Actor still moving.

  19. Kalshi Halts Khamenei Market, Polymarket’s Contract Enters Second Dispute

    After US and Israeli strikes on Iran, Kalshi halted its Khamenei contracts and issued reimbursements, while Polymarket's offshore contract entered a second dispute.

  20. Trump Speech Generated $11.97M in Volume, Kalshi Hourly Breakdown

    Kalshi’s mention market on Trump’s speech took in 391,165 trades over 46 days of live markets . 79% of the money showed up on speech night for a total of 11.97 million in lifetime value.