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India Block Leaves Fingerprints as Kalshi Overtakes Polymarket in $454M Crypto Volume Week COLOMBO regional desk.
The prediction market story everyone is chasing in New York and London has a quieter chapter that begins in Mumbai, Karachi and Dhaka.
A year ago Polymarket sat on roughly 91 percent of weekly crypto-themed event contract volume against its US-regulated rival Kalshi.
By the week ending May 17, Artemis data put Kalshi at $454.2 million in spot turnover for that category against Polymarket's $297.1 million, a roughly 60-40 inversion on a combined $751.3 million week.
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