Odaily Planet Daily reports that Polymarket’s monthly trading volume in April decreased by approximately 8.9% to $10.2 billion, marking its first month-over-month decline since August last year. Meanwhile, its competitor Kalshi saw a roughly 13% increase in April trading volume to $14.8 billion. The overall prediction market trading volume for April reached approximately $29.8 billion, up 12.4% month-over-month. Polymarket is attempting to fully re-engage the U.S. market as regulatory scrutiny of prediction markets intensifies among U.S. lawmakers.
Polymarket's April trading volume drops 8.9% to $10.2 billion, the first decline since August 2024.
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Polymarket's trading volume fell 8.9% in April to $10.2 billion, the first decline since August 2024. Its U.S. rival Kalshi saw a 13% increase in transaction volume to $14.8 billion. Combined prediction market transaction volume reached $29.8 billion, up 12.4% from March. Polymarket is working to re-enter the U.S. market as regulatory pressure intensifies.
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