Parlays Push Kalshi Past $3.9 Billion in a Day, Twice in a Weekend

Kalshi set back-to-back daily volume records over the weekend, reaching $3.91 billion on Saturday and $3.96 billion on Sunday. Parlay-style combos made up about 70% of both days, most of them long shots priced below 1 cent. The surge highlights growing demand for prediction markets and combo betting.