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

Odaily reports that Polymarket's monthly trading volume in April decreased by approximately 8.9% to $10.2 billion, marking its first month-over-month decline since August last year. Its competitor, Kalshi, saw its April trading volume increase by about 13% to $14.8 billion. The total trading volume of the 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, as American lawmakers are intensifying regulatory scrutiny over prediction markets.