June 24, 2026

Polymarket overtakes Kalshi in DEX spot transactions

Polymarket overtakes Kalshi in DEX spot transactions

Polymarket has surpassed Kalshi in decentralized exchange (DEX) spot transactions, marking a significant development in the competitive landscape of prediction markets. Polymarket, which focuses on blockchain-based trading of prediction shares without intermediaries, has gained an edge over Kalshi, a regulated platform that operates under federal oversight. This shift highlights the growing preference for decentralized models in the event betting space compared to more traditional, regulated exchanges.

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