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Prediction Market Trading Volume by Month: Kalshi, Polymarket and Others

U.S. prediction-market exchanges traded $75.1B in contracts in September 2026. Kalshi was the largest, with 81% of volume. Of the 8 exchanges trading that month, 7 had no volume in September 2025; they traded $14.3B.

Volume is the notional value of contracts traded, which is not comparable one-for-one with sportsbook handle.

KalshiPolymarketRobinhood MarketsDraftKingsOther
$20.0B$40.0B$60.0B$80.0B20252026

Nov 2024–Sep 2026 · Source: exchange disclosures · Prediction markets

Prediction Market Trading Volume by Month

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Data

U.S. prediction-market trading volume by company, monthly
MonthKalshiPolymarketRobinhood MarketsDraftKingsOtherTotal
Sep 2026$60.8B$8.80B$1.20B$1.90B$2.40B$75.1B
Aug 2026$40.0B$3.80B$598M$89.0M$551M$45.1B
Jul 2026$41.0B$5.00B$1.70B$12.0M$181M$47.9B
Jun 2026$33.0B$4.10B$2.10B$47.0M$39.2B
May 2026$17.9B$38.0M$17.9B
Apr 2026$14.8B$30.0M$14.8B
Mar 2026$13.1B$17.0M$13.1B
Feb 2026$10.4B$22.0M$10.5B
Jan 2026$9.55B$21.0M$9.58B
Dec 2025$6.58B$6.58B
Nov 2025$5.81B$5.81B
Oct 2025$4.40B$4.40B
Sep 2025$2.86B$2.86B
Aug 2025$874M$874M
Jul 2025$740M$740M
Jun 2025$782M$782M
May 2025$664M$664M
Apr 2025$460M$460M
Mar 2025$521M$521M
Feb 2025$187M$187M
Jan 2025$175M$175M
Dec 2024$226M$226M
Nov 2024$1.27B$1.27B

Notes

Months missing an established exchange’s report are omitted; reporting obligations end only with a documented closure or reporting change.

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