Ally Zach(@0xallyzach):While Polymarket has done more crypto volume since the start of the year, its trade mix tells a different story. Both venues trade small. But Polymarket is crowded at just a few dollars. Kalshi runs larger throughout the distribution. From the median all the way into the tail. Same category. Different market structure.

Ally Zach

@0xallyzach

research @panteracapital | prev @messaricrypto | M.S. @UofIllinois

参加 April 2022

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Ally Zach@0xallyzach

2026.06.29 14:00

While Polymarket has done more crypto volume since the start of the year, its trade mix tells a different story. Both venues trade small. But Polymarket is crowded at just a few dollars. Kalshi runs larger throughout the distribution. From the median all the way into the tail. Same category. Different market structure.