Polymarket is showing why prediction markets need transparency.

Beni’s latest analysis has put Kalshi’s crypto volume under serious scrutiny.

He highlighted roughly $538.6M in ETH perpetual volume against about $3.1M in open interest.

His follow-up also identified repeated $5,500 trades that he argues contributed heavily to reported volume.

These remain allegations, and Kalshi has disputed his interpretation.

Meanwhile, Polymarket keeps standing out to me for something simple: prediction markets should make probabilities clearer, not harder to understand.

pUSD is Polymarket USD, the platform’s collateral token backed 1:1 by USDC. It is not a speculative Polymarket token.

Looking across the space, $UMA , $GNO and $SX represent different approaches to prediction-market and decentralized infrastructure.

But when it comes to the prediction-market experience itself, Polymarket remains my clear number one.

Real liquidity, transparent mechanics and trustworthy data are what will separate the leaders as this sector grows.

Not financial advice , just information post

#Polymarket #PredictionMarkets #Crypto #DeFi #Web3 .