Hyperliquid outcome markets trade 79.5 million dollars in 30 days against Kalshi at 16.40 billion dollars, Totalis reports
DefiLlama figures for the 30 days to November 2, 2026, cited by Totalis, put Kalshi at 16.40 billion dollars, Polymarket US at 3.19 billion dollars and Polymarket International at 2.61 billion dollars. Hyperliquid HIP-4 outcome markets are far smaller at 79.5 million dollars in the same window.
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