Kalis Crypto Contract Daily Trading Volume Reaches $217.98 Million, 44 Times Higher Than Year-Start

Kalis' crypto event contract daily trading volume hit a record $217.98 million on the 15th, marking a 44-fold increase from approximately $5 million at the start of the year. This surge comes amid a prolonged crypto market downturn, with Bitcoin down ~30% year-to-date. Kalis' contracts allow users to bet on predetermined prices without holding cryptocurrency, with limited risk exposure. The platform's structure has attracted demand in volatile markets, enabling users to trade short-term price forecasts without owning Bitcoin. Kalis now accounts for ~84% of crypto prediction trading volume, previously dominated by PolyMarket. The platform carries a $2.2 billion valuation and faces IPO expectations.