Prediction Market Kalshi, a federally regulated contestant for polymarket, has collected more than $ 100 million on an evaluation of $ 1 billion, According to a report by Bloomberg,
It comes after less than a day that reports came out that polymercate was collecting $ 200 million in the same unicorn valuation, led by Peter Theal’s Founders Fund.
Publicly available data from Kalashi’s API Polymarket curated by analytics (Not affiliated to polymercate) The current active trading volumes in all open markets have about $ 113 million, while polymarkat has less than $ 600 million in all open markets.
Kalshi now hosts more active markets than polymercate, but lags behind in open interest, a major metric that reflects liquidity and merchant punishment in the prophecy markets.
A done dashboard Shows that there are about 186,000 active traders in polymerkets.
The pattern led the latest round of Kalashi. Crypto-centric VC recently led a series A round for GTE, a decentralized exchange (Dex) This motion seems to rival hyperlikid.
In January, Donald Trump Junior. Announced that he was joining Kalshi As a senior advisor.
