Kalshi’s $400 million-plus monthly commodity trade volume outpaces early crypto growth
Kalshi said retail demand and improved liquidity helped commodities reach more than $400 million in monthly volume, four times crypto at the same stage.
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Kalshi reached a monthly volume higher than $400 million in commodity contracts, just seven months after launching this category and with a growth four times faster than that recorded by its cryptocurrency markets at a comparable stage.
Kalshi’s commodities bets outpace crypto as monthly volume tops $400M
Prediction market startup Kalshi said Tuesday that its monthly commodities trading volume had reached more than $400 million, exceeding cryptocurrency trading volume by four times at the same point in the respective category’s development.The rapid growth comes seven months after Kalshi launched its commodities markets as the company seeks to expand beyond event-based contracts and attract more retail traders. The platform now offers prediction …
Kalshi Commodities Hit $400M a Month Seven Months In
How Fast Is Kalshi’s Commodities Business Growing? Kalshi’s commodities prediction markets have surpassed $400 million in monthly trading volume, reaching the milestone seven months after launch and scaling four times faster than the company’s cryptocurrency markets at the same stage. The prediction market operator said demand has expanded across contracts linked to oil, natural gas and metals as retail traders use event-based markets to express…
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