Polymarket’s volume took a big hit down to 8.41 billion in August after July’s 12.89 billion pump faded hard post World Cup 😭.
Polymarket Slips While Kalshi Stays Stacked 💸
Kalshi barely noticed tho closing strong at 38.67 billion proving the slowdown hit uneven af fr. Data shows Polymarket total with US ran 13.95 billion in June then eased to 12.89 billion in July before dropping to 8.41 billion in August 📉. The main platform slid from 7.89 billion to 4.59 billion while the US side held from 5 billion to 3.82 billion. Kalshi went opposite climbing from 33 billion in June to 40.1 billion in July then easing just 4 percent to 38.67 billion in August 👀.
Investor Cash Still Flows In Spite of the Dip 🖤
Weekly volumes now sit around 4 billion per DeFiLlama tracking way below summer tournament peaks 🔥. The World Cup earlier sparked massive first time users but that high is history now. Still investors aren’t spooked with Donald Trump Jr’s 1789 Capital leading a 1 billion round valuing Polymarket at 21 billion up 40 percent from earlier this year 🌙. Predictefy data puts Polymarket 30 day volume at 3.8 billion vs Kalshi’s 11.28 billion yet Polymarket holds over 3 million users 💀. Lawsuits keep popping up like the Baltimore case against both platforms plus Kalshi battling New York AG Letitia James while CFTC steps in to keep things running 🎀.
Just another echo from the void by iconofsin.eth 💖
