Kalshi tops $1bn in monthly trading volume
Summary
Kalshi has crossed $1bn in monthly trading volume and now claims 62.2% of global prediction market volume, up from 3.1% a year earlier. Its share of transactions rose from 12.9% to 63.9% over 12 months. Growth is broad-based across sports and financial markets, highlighted by a record 588,520 trades on an NFL Week 2 Sunday and a $91m Federal Reserve decision market. CEO Tarek Mansour credits a focus on user experience. Kalshi is also pushing into blockchain via partnerships with Solana and Base and launching Kalshi Eco to support builders. Meanwhile, RSBIX, linked to lawyer Jeff Ifrah, has filed with the CFTC to operate as a Designated Contract Market and plans to partner with Matchbook.
Key Points
- Kalshi surpassed $1bn in monthly trading volume while remaining available only to US customers.
- Global volume share rose to 62.2% from 3.1% year‑on‑year.
- Transaction share climbed to 63.9% from 12.9% in 12 months.
- Record single‑day trades: 588,520 during NFL Week 2, beating activity seen on 2024 US Election day.
- Fed decision market reached $91m — larger than the previous five Fed markets combined.
- Kalshi launched Kalshi Eco and partnered with Solana and Base to back on‑chain and off‑chain innovation with grants.
- RSBIX (Jeff Ifrah‑linked) has filed for CFTC DCM status and aims to enter the US market via a Matchbook partnership.
Context and Relevance
The surge shows rapid consolidation in prediction markets and proves a US‑regulated platform can capture global activity. Kalshi’s developer and blockchain push aims to address infrastructure constraints and to compete with decentralised rivals like Polymarket. The RSBIX filing demonstrates that other players are pursuing regulated routes, which could shape market structure, competition and the regulatory landscape in the US.
Why should I read this?
Quick and casual: Kalshi just smashed a major milestone and is using the momentum to back crypto builders and on‑chain experiments. If you follow prediction markets, betting tech, or where retail liquidity flows, this tells you who’s winning and why — plus what might change next. We read it so you don’t have to — but you should.
Author style
Punchy — this isn’t just a numbers story. Kalshi’s explosive growth reshapes market dynamics and will influence product roadmaps, developer activity and regulatory attention. If the sector matters to you, the details are worth a read.
Source
Source: https://next.io/news/results/kalshi-tops-1bn-monthly-trading-volume/