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Kalshi and Polymarket Process Over $44 Billion in Combined Trading Volume in 2025

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2026-07-23 09:44:59
Kalshi and Polymarket processed over $44 billion in combined trading volume in 2025, according to NS3.AI. Their monthly trading volume rose to $24 billion as of April 2026, which is above the average monthly legal sports betting volume in the United States. Kalshi also reported $263.5 million in fee revenue last year.
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