Kalshi et Polymarket en guerre pour le marché des prédictions - La bataille s’intensifie
Le marché des prédictions devient un champ de bataille financier - et tout le monde veut sa part du gâteau.
La course à la domination
Kalshi et Polymarket se livrent une guerre sans merci pour contrôler le lucratif marché des prédictions. Les plateformes multiplient les innovations tandis que les utilisateurs affluent vers ces nouvelles formes de pari financier.
Un secteur en ébullition
L'engouement pour les marchés prédictifs dépasse toutes les attentes. Les traders cherchent désespérément des alternatives aux marchés traditionnels - comme si les CFD et les options ne suffisaient pas à perdre son argent.
L'avenir en jeu
Cette compétition féroce pourrait bien redéfinir notre façon d'investir. Les bookmakers traditionnels regardent cette révolution avec un mélange de curiosité et d'inquiétude.
Une chose est sûre : dans la finance, quand deux géants se battent, ce sont généralement les petits porteurs qui trinquent.
Polymarket and Kalshi accelerated their competition in the past three months, as both prediction venues are growing their influence. | Source: The Block
In September, both prediction markets also achieved new peaks in activity volumes, with $1.44B for Polymarket and $2.74B for Kalshi. It achieved 33.32K markets in September, while Kalshi recently had a spike of new prediction pairs, with 79K daily active markets.
The competition between the platforms accelerated after Polymarket raised $2B for a $9B valuation, while Kalshi raised $300M for a $5B price tag. The end goal is to turn prediction markets into mainstream products, especially in the U.S. market. Prediction platforms are trying to position themselves as trading venues, rather than betting platforms.
Kalshi moves ahead of Polymarket with bigger share of mainstream predictions
Over the past 12 months, Kalshi has become a mainstream platform, integrated with other apps. Most of the bets on Kalshi are made off-chain, accumulating volumes from mainstream users.
Polymarket, on the other hand, remains transparent due to its on-chain prediction volumes. The platform remains relevant for breaking news and current events, as well as for user-generated markets.
The Polymarket platform also gained exposure after exposing the winner of the Nobel Peace Prize hours ahead of the official announcement. It turned out the information was leaked through a website, and taken up by prediction pair traders to scoop up cheap “Yes” tokens.
Kalshi attempts to move its data on-chain
Despite its leading position in terms of volumes, Kalshi recently tried to grow its on-chain presence for more transparency.
The Kalshi marketplace integrated its services with the pyth network oracle, meaning its market data are now transparent and shareable.
The @PythNetwork oracle integration represents the first step in bringing Kalshi onchain
Now builders have a new tool at their disposal: Kalshi data, anywhere
Start building and join our builders program! https://t.co/TYylHchXRp
— Kalshi Ecosystem (@KalshiEco) October 13, 2025
The end goal is for Kalshi to also bring all its markets on-chain for a more transparent track record. Kalshi also aims to become a multi-chain platform, while Polymarket still depends on the legacy polygon chain.
Pyth Network’s oracle will be able to deliver contract prices aggregated from over 100 blockchains. This will make Kalshi the go-to source for resolutions on live probabilities and current events.
The data can be used to create additional trading products based on Kalshi markets, without using the platform directly. Kalshi thus aims to encourage the creation of data-based products while retaining its centralized operations.
Sharpen your strategy with mentorship + daily ideas - 30 days free access to our trading program
