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Kalshi holds about 3.2 times Polymarket's midterm volume, at about 1.1 billion dollars against about 340 million, Trefis reports
- Kalshi holds about 3.2 times Polymarket's midterm volume, at about 1.1 billion dollars against about 340 million, Trefis reports — Trefis reports that as of about October 23, roughly 1.1 billion dollars had traded on Kalshi's 2026 midterm markets against about 340 million dollars on Polymarket, leaving the platform that led 2024 election night in second place this cycle. It notes Polymarket's volume fell 84 percent the morning after the 2024 election, with a smaller drop expected this time because the midterms are smaller than a presidential race. (Trefis)
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