Odaily Planet News: Cryptocurrency data analyst dash posted on the X platform, stating that Kalshi has experienced significant growth over the past six months. Its open interest has increased fourfold, reaching $410 million, continuously setting new records. Among these, open interest in sports-related contracts has risen from 25% to 50%, political contracts remain at 25%, and the remaining categories account for 25%.
Kalshi's Open Interest Exceeds $410M, Sports Category Doubles to 50%
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Summary
Kalshi's open interest reached $410 million, a fourfold increase in six months. Open interest related to sports now accounts for 50%, double its previous proportion. Political and other categories remain at 25% each. Rising interest rates have not reduced demand for prediction markets.
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