Overall Market
Q2 Notional Change: $111.7B (QoQ +$35.2B, +46%)
Q2 Transactions: 705.7M (QoQ +223M, +46.3%)
Kalshi
Q2 Volume: $65.7B (QoQ +116%)
Q2 Transactions: 400.1M (QoQ +87.2%)
Latest Highlight: Kalshi has reportedly started negotiations to raise funds at a valuation of about $40B.
Polymarket
Q2 Volume: $26.8B (QoQ +8.5%)
Q2 Transactions: 291.4M (QoQ +14.6%)
Latest Highlight: Polymarket has reached a milestone of $1B in annualized revenue amid market growth.
Limitless
Q2 Volume: $3.94B (QoQ +252%)
Q2 Transactions: 4.85M (QoQ +36.7%)
Latest Highlight: Limitless has announced a $1,000,000 giveaway for FIFA 2026 World Cup traders.
Predict
Q2 Volume: $3.19B (QoQ +89.4%)
Q2 Transactions: 8.09M (QoQ +343.9%)
Latest Highlight: Predict Fun kicked off a $2M Predict The Cup campaign with $840K in rewards claimable.


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