Polymarket, Polymarket US, and Kalshi combined for $50.6B in monthly volume in July, an all-time high, driven partly by major sporting events.
DeFi & Yields ·
Three prediction markets reached a combined monthly volume milestone in July: Polymarket, Polymarket US, and Kalshi posted $50.6 billion, representing an all-time high for the trio. Polymarket US showed growth of 54% to reach $5 billion, while the original Polymarket platform declined 26% to $7.9 billion, leaving the remainder from Kalshi's contribution to the overall tally.
The surge reflects heightened trading activity across the sector. Major sporting events, including the World Cup, are cited as potential contributors to the volume increase, though the precise weight of each factor remains unclear. The divergent performance between the two Polymarket instances suggests shifting user or volume distribution patterns, though the underlying reasons for Polymarket's decline amid the sector's overall growth have not been detailed.
Whether this represents a sustained trend or a temporary peak tied to specific event periods remains open. The breakdown of volume drivers among the three platforms and the sustainability of July's levels require further observation.