Kalshi Posts Back-to-Back $5.3B Days, Topping Its October Record
Not investment advice. Muhabbit scores how much a story may matter, not which way to trade.
Kalshi recorded back-to-back daily notional volume records of $5.33 billion on Nov. 7 and $5.36 billion on Nov. 8, surpassing its prior single-day high of $5.30 billion set on Oct. 24. Parlay-style combo contracts accounted for roughly three-quarters of volume on both record days. The surge came one day after the American Gaming Association submitted comments to federal regulators, underscoring growing scrutiny of event-contract markets as they scale. The consecutive records signal that demand for multi-leg prediction-market products is accelerating rather than fading after October's peak. Watch whether combo-driven volume holds through the coming week and how regulators respond to the AGA's push.
Muhabbit's AI wrote this summary in its own words from Bitcoin.com News's report. It can get details wrong, so check the source.
Named in this story
Kalshi, American Gaming Association