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Matthew Bain is DeFi Rate's prediction market analyst, covering volume reporting on Kalshi, Polymarket, and Polymarket US. He spent six years as a sports reporter and editor in the USA TODAY Network, primarily at the Des Moines Register.

Matthew Bain is DeFi Rate's prediction market analyst, covering volume reporting on Kalshi, Polymarket, and Polymarket US. He spent six years as a sports reporter and editor in the USA TODAY Network, primarily at the Des Moines Register.
7 stories, newest first
Kalshi set a new 2026 high with $15.27 billion in weekly contract volume, and also recorded its first $3 billion day.
NFL football, US Open tennis and esports fueled a prediction-market surge, pushing Kalshi and Polymarket Global to $14.1B in weekly volume as Kalshi captured a record 92.0% share.
Prediction markets hit $12.9B in weekly volume as Kalshi takes 92% share, while the NFL season could drive billions more in prediction market trading.
Prediction markets surged to $11.26B weekly contracts as Kalshi set a record, grabbed 90.4% market share, and powered growth through sports and combo markets.
Prediction markets surged to $3.36B in weekly volume, with sports dominating 76.5% of trading across Kalshi and Polymarket Global.
Prediction markets rebound as trading tops $10 billion, with Kalshi leading the surge and a growth in political markets driving activity.
Prediction markets cool after the World Cup, but Kalshi gains more share as sports and Fed markets drive trading.