Kalshi first, Polymarket fourth in financial category of Apple App Store on Election Day
Quick Take Kalshi hit first place while Polymarket reached fourth in the Apple App Store’s financial category on the morning of the United States 2024 presidential election. Both platforms allow users to bet on the winner of the election, but only Kalshi is available to U.S. users.

Two prediction platforms reached top spots on the Apple App Store on Nov. 5, the day of the 2024 presidential election in the U.S.
Kalshi now ranks first in Apple's finance app category and third overall among free apps, according to the app analysis platform SensorTower . Meanwhile, Polymarket is the fourth-highest ranking app in the finance app category.
This represents both apps' highest placement to date, likely driven by interest in betting on election outcomes. Prediction markets give users a way to wager on the likelihood of future events. In theory, bettors are incentivized to present their unbiased view if money is on the line, meaning platforms like Polymarket and Kalshi provide a different view into the election than polls.
Both platforms allow users to place bets in various election-related markets — like the outcome of swing state races or the winner of the presidential contest, but only Kalshi is available to U.S. users. Kalshi's market for whether former President Donald Trump or Vice President Kamala Harris will win grew to $247 million as of Nov. 5.
Polymarket maintains $3.26 billion in total betting volume for the 2024 U.S. presidential winner, making it the largest market on the application. Since launching in 2020, the Ethereum-based platform has amassed $5.15 billion in cumulative trading volume, The Block's Data Dashboard shows.
A federal court allowed Kalshi to list election betting contracts in early October, after the Commodity Futures Trading Commission sought to strictly regulate these "event contracts." Kalshi lets users deposit the stablecoin USDC via the digital asset payment infrastructure firm Zero Hash .
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
New spot margin trading pair — HOLO/USDT!
FUN drops by 32.34% within 24 hours as it faces a steep short-term downturn
- FUN plunged 32.34% in 24 hours to $0.008938, marking a 541.8% monthly loss amid prolonged bearish trends. - Technical breakdowns, elevated selling pressure, and forced liquidations highlight deteriorating market sentiment and risk-off behavior. - Analysts identify key support below $0.0080 as critical, with bearish momentum confirmed by RSI (<30) and MACD indicators. - A trend-following backtest strategy proposes short positions based on technical signals to capitalize on extended downward trajectories.

OPEN has dropped by 189.51% within 24 hours during a significant market pullback
- OPEN's price plummeted 189.51% in 24 hours to $0.8907, marking its largest intraday decline in history. - The token fell 3793.63% over 7 days, matching identical monthly and yearly declines, signaling severe bearish momentum. - Technical analysts cite broken support levels and lack of bullish catalysts as key drivers of the sustained sell-off. - Absence of stabilizing volume or reversal patterns leaves the market vulnerable to further downward pressure.

New spot margin trading pair — LINEA/USDT!
Trending news
MoreCrypto prices
More








