Prediction Market Consolidation: Trepa and Fireplace Shut Down as Polymarket and Kalshi Command 93% of Volume
August 19, 2026
Two prediction market startups, Trepa and Fireplace, announced simultaneous shutdowns as Polymarket and Kalshi consolidate 93% of total market volume. Users have until Sept. 30 to withdraw funds.
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Prediction Market Search Interest Drops 83% Post-World Cup as Kalshi Gains Market Advantage over Polymarket
August 18, 2026
Search interest for prediction markets has dropped 83% from its World Cup peak. Despite declining public queries, platforms like Kalshi are cementing dominant trading volume over Polymarket.
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