Web3
Two Prediction Markets Shut Down Hours Apart as Kalshi and Polymarket Take 93% of Volume
The Defiant·August 10, 2026·1 min read
Two prediction markets, Trepa and Fireplace, shut down hours apart, telling users to withdraw by Sept. 30. Kalshi and Polymarket now control 93% of volume. One platform published a post-mortem arguing crypto's active user base is far smaller than industry reports suggest.
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