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Kalshi Combos Drive $10.69 Billion in Notional Volume Over Two Days

Combination contracts made up 75.6% of volume on Nov. 7 and 74.6% on Nov. 8. Notional volume counts each contract at its $1 maximum payout.

Updated 1 min read
A pedestrian checks a phone outside Kalshi’s office building in Manhattan, New York. / TokenPost.ai (macro)
A pedestrian checks a phone outside Kalshi’s office building in Manhattan, New York. / TokenPost.ai (macro)

Combo contracts accounted for more than 74% of the $10.69 billion in notional volume Kalshi recorded over Nov. 7 and 8, when its daily totals each reached a new high.

Kalshi's total was $5.33 billion on Nov. 7 and $5.36 billion the following day. Both days finished above the $5.30 billion total recorded Oct. 24, the exchange's previous daily peak. The daily periods use Eastern time.

Combination contracts generated $4.03 billion on Nov. 7, or 75.6% of the day's volume; their $4 billion on Nov. 8 accounted for 74.6%. A combo position may link results from several events. The exchange offers combo markets for sports and entertainment as well as other topics, though these totals don't specify sports volume. EconoTimes previously reported that low-priced football parlays led Kalshi's October volume.

The notional calculation counts a contract at its $1 maximum payout regardless of the price paid to enter a position. That total does not show customer spending or Kalshi's revenue.

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