Kalshi’s notional trading volume topped $5.3 billion on both days of the weekend, setting consecutive records.
Trading volume reached $5.33 billion on November 7 and $5.36 billion on November 8, both exceeding the previous record of $5.30 billion set on October 24. Bitcoin.com News reported that parlay-style combination contracts accounted for three-quarters of the total over the two days.
· The new record came the day after the American Gaming Association made a statement to federal agencies; the report did not elaborate on what the statement said.
· The data covers only notional volume for those two trading days and does not specify which contracts or types of users contributed.
With parlay-style combinations making up such a large share, would you first look at the difference between their notional volume and actual settlements?
Trading volume reached $5.33 billion on November 7 and $5.36 billion on November 8, both exceeding the previous record of $5.30 billion set on October 24. Bitcoin.com News reported that parlay-style combination contracts accounted for three-quarters of the total over the two days.
· The new record came the day after the American Gaming Association made a statement to federal agencies; the report did not elaborate on what the statement said.
· The data covers only notional volume for those two trading days and does not specify which contracts or types of users contributed.
With parlay-style combinations making up such a large share, would you first look at the difference between their notional volume and actual settlements?
