Young adults are using Kalshi event contracts on weather, politics and sports as a side hustle, sometimes relying on their specialized knowledge. More than 60% of participants on Kalshi and Polymarket are under 35, with sports contracts among their favorite categories. Traders aged 18 to 21 accounted for roughly $5.4 billion in activity through August 2026, within Kalshi’s year-to-date trading volume of more than $170 billion. Faced with concerns about addiction and financial losses, the platform introduced a default monthly deposit limit of $2,500 for traders aged 18 to 20 on October 27, 2026. Kalshi operates regulated event contracts settled in dollars, while its main rival, Polymarket, uses blockchain rails and the pUSD token backed by the USDC stablecoin.
Source: Read the original article
