Open interest drops by 20%, Kalshi and Polymarket's World Cup popularity wanes

Odaily星球日报2026/07/21 00:04

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According to Odaily, on the eve of the World Cup final, the combined open interest of Kalshi and Polymarket dropped 20% from the peak of around $2 billion in early July, falling from nearly $1.8 billion to about $1.5 billion. Kalshi's sports event trading volume reached a peak of around $9 billion in the week of July 5th before dropping to about $4 billion, while Polymarket's trading volume fell from around $2.3 billion to $740 million. During the World Cup, sports events accounted for about 80% of the total trading volume on both platforms. On Sunday, Spain defeated Argentina 1-0 to win the second World Cup championship in the team's history. The Polymarket World Cup champion market saw a total of 194,000 addresses participate in trading, with about two-thirds experiencing losses.

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OPEC's monthly report shows that Saudi Arabia's average daily crude oil production in October rose to 10.56 million barrels, just several hundred thousand barrels lower than the pre-war level in February and slightly above its quoted limit under the OPEC framework. Iraq's daily output in October also reached approximately 4.9 million barrels, a new high since the outbreak of war. Meanwhile, after the UAE exited OPEC and began competing in the market independently, both the UAE and Saudi Arabia recently slashed their official December cargo prices for Asian buyers, intensifying the competitive landscape.

华尔街见闻•2026/11/11 17:31