All 11 Banking Democrats ask Tim Scott to move the Kalshi conversation into a public hearing
Combined Kalshi and Polymarket volume reached $53 billion in July, an annual pace above Bernstein's forecast for all of 2026, and Senate Banking Democrats say contracts tied to corporate metrics belong to the SEC.
Reality
- Evidence58
- Adoption68
- Hype gap+12
- Incentives72
- Confidence57
Bernstein has raised its ten-year prediction-market forecast tenfold, to $10 trillion of annual volume by 2035. Nearly half of that total comes from assuming the contracts capture 0.5% of a $900 trillion financial-asset pool.
Reality
- Evidence40
- Adoption60
- Hype gap+45
- Incentives70
- Confidence55
Citadel asks the SEC to claim the KPI contracts that list one business day after filing
The market maker told both agencies on September 9 that contracts settling on a company's revenue or passenger counts are security-based swaps, and that the venues listing them picked their own regulator.
Reality
- Evidence42
- Adoption
- Not scored
- Hype gap+25
- Incentives72
- Confidence45
Robinhood's record 13.6 billion event contracts earned it about a penny each
Event contracts brought in $156m last quarter on 13.6 billion tickets, which is the arithmetic behind Robinhood buying equity in a contract supplier as well as listing its markets. OG.com's contracts go live on September 8.
Reality
- Evidence38
- Adoption60
- Hype gap+30
- Incentives72
- Confidence48
Robinhood is paying Citadel's July price for an undisclosed minority slice of the venue that will clear volume Robinhood can move at will, which makes OG.com a fourth supplier rather than an owned engine.
Perspective Coverage
4 publishers
- Builder
- Builder 24%
- Operator
- Operator 32%
- Investor
- Investor 44%
Reality
- Evidence62
- Adoption42
- Hype gap+34
- Incentives78
- Confidence68