Kalshi U.S. Election Prediction Market Launches With Over $30 Million in Volume in Just Three Weeks

Kalshi, which launched its US election prediction market contract in October after a court ruling in its favour, has already traded more than $30 million in just three weeks. It still trails Polymarket, which traded around $40 million between early January and early February - the first month of its presidential betting - and recently traded more than $2 billion. The Kalshi market puts Republican candidate Donald Trump 14 points ahead of his Democratic opponent Kamala Harris, and it is understood that these odds must come from US nationals (and permanent residents) only, as Kalshi's terms and conditions prohibit foreigners from trading on the platform.