Volume Race

Reports / March 2025

Monthly report

March 2025: $1.93B traded on prediction markets

Notional volume across 3 exchanges was $1.93B, +13% from February. Polymarket led with a 73.0% share. The busiest day was Fri Mar 28, 2025, at $113M.

Exchanges

Ranked by the month's volume.

#ExchangeVolumeSharevs prior month
1Polymarket$1.41B73.0%−7.7%
2Kalshi$521M27.0%+179%
3ForecastEx$359K<0.1%+66%

What traded

At exchanges that publish a split.

Sports, single-leg 78%Combos (parlays) 0%Non-sports 22%

Daily average: $62.4M over 31 days

Busiest days

  1. Fri Mar 28, 2025: $113M
  2. Sat Mar 29, 2025: $102M
  3. Sun Mar 30, 2025: $93.7M
  4. Sun Mar 23, 2025: $85.6M
  5. Fri Mar 21, 2025: $84.8M

March 2025: questions

How much volume did prediction markets trade in March 2025?

$1.93B in notional volume across 3 exchanges, up 13% from February. That is $62.4M a day on average.

Which prediction market had the most volume in March 2025?

Polymarket. The top three were Polymarket ($1.41B, 73.0%), Kalshi ($521M, 27.0%), ForecastEx ($359K, <0.1%).

How much prediction market volume was sports in March 2025?

78% at the exchanges that publish a split, including 0% in combos (parlays). Non-sports markets were 22%.

Notional volume: contracts traded × each contract's payout, from each exchange's own daily report. Download every day as CSV · Methods · All reports