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Political markets fall to 1 percent of Kalshi and Polymarket trading as sports and crypto boom, Survivalnomics reports
- Political markets fall to 1 percent of Kalshi and Polymarket trading as sports and crypto boom, Survivalnomics reports — Bloomberg data cited by Survivalnomics shows political betting accounted for just 1 percent of trading on Kalshi and Polymarket last month, down from two-thirds during the 2024 presidential election, even as overall trading across both platforms has risen more than twentyfold since October 2024. Election turnover on Kalshi was roughly unchanged in the final midterm week versus the same period before the 2024 election, while Polymarket's election volume fell significantly. (Survivalnomics)
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