Kalshi reports $148B in 2026 trading volume

Kalshi has reported a massive surge in trading activity, with 2026 volume exceeding $148 billion. This figure accounts for approximately 85.5% of the platform's total lifetime trading volume of more than $173 billion. The 2026 volume is more than six times the total volume recorded in 2025, which was $23.8 billion.

Key drivers of this growth include sports markets, specifically the 2026 FIFA World Cup, which generated roughly $27 billion in volume. The platform also sees significant activity in MLB, NBA, and various entertainment and political markets.

To support user acquisition during this expansion, Kalshi is offering promotional bonuses for new users. These tiered rewards, which can reach up to $500, are unlocked after customers complete a minimum of $25 in cumulative trades on the prediction market exchange.