Crypto
Prediction market open interest tops $1 billion for first time, led by Polymarket and Kalshi
Open interest in prediction markets has exceeded $1 billion for the first time, reaching $1.066 billion, data cited by Cryptopolitan showed. The market has been expanding on higher liquidity and more users, drawing new platforms beyond Polymarket and Kalshi. While still less liquid than exchanges, rapidly rising open interest could bring competition with major decentralised exchanges. Super Bowl and Winter Olympics markets are active, and platforms differ in focus between sports and broader categories.