Polymarket Looks To Re-Enter The US MarketPolymarket is a decentralized platform that lets users trade event outcomes without a centralized bookmaker. In 2022, Polymarket was barred from serving US users after a settlement with the Commodity Futures Trading Commission (CFTC). In June, Kalshi secured $185 million at a $2 billion valuation, with Paradigm leading that funding round. Kalshi ranks among the most active prediction markets, alongside Polymarket, in terms of trading volumes and monthly active users. Since the US presidential election ended, both Polymarket and Kalshi have seen their active user bases shrink.