Polymarket's monthly volume declines for first time since August

Written by Vince Quill, Staff Writer. Reviewed by Robert Lakin, Staff Editor. Written by Vince Quill, Staff Writer. Reviewed by Robert Lakin, Staff Editor. Polymarket's monthly volume declines for first time since August Latest NewsPublishedMay 13, 2026Prediction markets trading volume had been tracking monthly gains as the sector gains popularity among short-term traders, but competition is also increasing.Monthly trading volume on the Polymarket prediction market fell by about 8.9% in April, the first decline in month-to-month activity since August as rivals like Kalshi increase their market share.Polymarket and its US-based trading application collectively generated more than $10.2 billion in volume in April, compared to more than $11.2 billion in March, according to data from Dune Analytics.However, rival Kalshi’s April trading volume surged by about 13%, climbing to about $14.8 billion, Dune data shows. The total monthly trading volume for prediction markets also increased to about $29.8 billion in April from about $26.5 billion in March, an increase of about 12.4%.Monthly volume figures for prediction markets. Source: DunePolymarket’s volume drop came as the company attempts to fully integrate US markets again, amid increased legal and regulatory scrutiny of prediction markets by US lawmakers after the sector experienced a meteoric growth during the 2024 elections.To be sure, prediction markets are proving to be attractive to a slew of new competitors. Prophet, an AI-native prediction market platform, last week launched its first live trading tranche, introducing a system where an AI model acts as the counterparty using real capital. Earlier this week, financial technology company MoonPay debuted an AI technology tool for trading strategies on prediction markets.Related: Dutch users still access prediction markets despite Polymarket banPolymarket eyes US expansion as prediction markets come under fire Polymarket is seeking to expand its presence in the …

Polymarket's monthly volume declines for first time since August

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