About 90% of Kalshi's volume has come from sports contracts in recent months. In late 2024, prediction markets seemed poised to take over the world. Thanks to a big win in a court case against the ...

The trading volume on the leading prediction markets platforms, Polymarket and Kalshi, has hit a new record high, surpassing the previous peak reached during the US presidential election last year.

In the months leading up to the 2024 U.S. presidential election, a team of researchers at MIT CSAIL, MIT Sloan, MIT LIDS, set out to answer a question no one had fully explored: how do large language ...