Analysis: Polymarket and Kalshi dominate the prediction market

according to Dune data, the predictive market landscape has formed a duopoly between Polymarket and Kalshi, while other platforms are struggling to find breakthroughs.

In the past week, Polymarket topped the nominal trading volume with $1.062 billion, followed closely by Kalshi with $950 million, while Limitless and Myriad recorded $21.93 million and $3.85 million, respectively.

In terms of the number of transactions, Kalshi ranked first with 3.575 million transactions, Polymarket reached 2.586 million transactions, and Limitless and Myriad had 378,000 and 66,000 transactions, respectively.