According to Odaily, CoinDesk reported on X that Polymarket and Kalshi achieved record performance in 2025, with combined trading volume approaching $400 billion and both companies reaching valuations in the tens of billions of dollars.
Polymarket and Kalshi Reach $40 Billion Valuation and Near $400 Billion Trading Volume in 2025
KuCoinFlashShare
Summary
Polymarket and Kalshi hit a combined trading volume near $400 billion in 2025, with valuations each reaching $40 billion. The surge reflects strong market activity and shifting investor sentiment, as the fear and greed index showed heightened speculative interest. Both platforms saw record performance, driven by growing demand for real-time prediction markets.
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