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0
2/10
research
Analysis of 203 million trades on Kalshi prediction market platform, explaining how prediction markets work, their mechanics (binary outcomes, order books, price discovery), and the infrastructure enabling them (clearinghouses, matching engines). The article covers market fundamentals, liquidity concepts, and Kalshi's role in the prediction market duopoly.
prediction-markets
kalshi
market-analysis
order-books
trading-mechanics
price-discovery
financial-markets
cryptocurrency
exchange-infrastructure
Kalshi
Polymarket
Iowa Electronic Markets
FTX
MIAXdx
LedgerX
MIAX
Kalshi Klear
Sam Schneider