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Polymarket and Kalshi Cumulative Trading Volume Exceeds $150 Billion
On May 2, the prediction market platforms Polymarket and Kalshi reported that their cumulative trading volume surpassed $150 billion in April, ending a streak of monthly growth that lasted for seven consecutive months. Data shows that the number of active trading users on Polymarket decreased from 733,000 in March to approximately 643,000, leading to an overall decline in market trading volume. However, its business in the United States continues to grow, and Kalshi also maintains an upward trend.