Kalshi Volume Report: Sports Is 50% Of Trading As Activity Dips

Kalshi became less dependent on sports with the NBA season over, but its volume was down significantly as well.

Sports accounted for more than 50% of trading at Kalshi this past week. Here are the top 20 markets at Kalshi this week (June 22-29) and last week:

Some notes on the data:

• Five of the top ten markets were sports, and nine of the top 20.

  • The biggest sports markets were single-game Major League Baseball betting and betting on UFC 317 matches.

  • The Nathan’s Hot Dog Eating Contest on the Fourth of July accounted for almost 4% of all volume.

  • Other sports in the top 20 included match betting for the FIFA Club World Cup, men’s and women’s pro tennis matches, and WNBA single-game betting.

• The top 20 markets this week accounted for less volume than the NBA alone did the previous week.

  • The top 20 markets accounted for 83% of all volume.

• The biggest non-sports market was the winner of the Democratic primary for mayor in New York City (KXMAYORNYCNOMD).

Wimbledon, a tennis major taking place this week and next, will likely be a big driver of volume.

A rundown of other markets appearing in the top 20:

• Bitcoin price and price range today at x time (KXBTCD, KXBTC)

• What will the Federal Reserve do with interest rates? (KXFEDDECISION)

• Who will win the mayoral race in New York? (KXMAYORNYCPARTY)

• Gas prices in the US in June (KXAAAGASM)

• Democratic nominee for NYC mayor (KXNYCMAYORNOMD)

• S&P price today at x time (KXINXU)

• How many rounds will the NYC Democratic primary for mayor last? (KXNYCMAYORDROUND)

• Democratic nominee for president in 2028 (KXPRESNOMD)