Polymarket monthly trading volume declined for the first time since August last year, falling to $10.2 billion in April

Odaily Planet Daily reports that Polymarket's monthly trading volume in April decreased by approximately 8.9% to $10.2 billion, marking the first month-over-month decline since August last year. Its competitor, Kalshi, saw a trading volume increase of about 13% in April to $14.8 billion. The total trading volume of the overall prediction market in April was approximately $29.8 billion, a month-over-month increase of 12.4%. Polymarket is attempting to fully reintegrate into the U.S. market, where regulatory scrutiny from American lawmakers over prediction markets is intensifying.