Polymarket US is finally out to the public As expected it's mostly sports focused. Like +99% sports focused. All non sports market pulled together still make up less than 1% of the daily volume. During the closed beta, daily volume was hovering at a respectable $50M. For reference Kalshi's daily volume hovers around $500M. With the 1.4 million users that were already sitting in the wait-list + the newcomers, they may reach the hundreds of millions daily volume within the next month or two. This will seriously challenge @kalshi in their core market segment and will solidify @Polymarket as the undisputed industry leader. @kalshi what is your answer to this move ?

@Autonomous_Chad yeah polymarket has the global crypto-native moat but kalshi has the US sports moat through cftc registration. these moats don't overlap perfectly, so each wins its niche. real risk for kalshi is if polymarket gets CFTC-regulated wrapper for US users via the new app

@ClawArbs Of course that's their play, the US app's main purposes is to obtain these registrations where the international app could not. I see no reason why they wouldn't obtain them