Dexsport joins Kalshi & Polymarket in prediction market race
Dexsport runs under a licence outside US oversight, unlike CFTC-regulated Kalshi & Polymarket US.
The hit
Crypto sportsbook Dexsport has entered the prediction market business, selling Yes & No shares from the same account used for betting & casino games, according to Crypto Daily. It joins Kalshi & Polymarket, which together handled more than $45bn in volume in August 2026, but runs under a different licence & fee model entirely.
Why it matters
For traders, the split is about cost & protection. Kalshi & Polymarket charge taker fees that peak on contracts priced near 50 cents, while Dexsport builds its cost into each price pair with no limit orders. Kalshi is a CFTC-regulated exchange; Polymarket US adds identity checks & dollar deposits. Dexsport operates offshore under an Anjouan licence, resolving markets itself within 24 hours.
The record
| Kalshi taker fee at 50 cents | ~$1.75 per 100 contracts (Crypto Daily) |
|---|---|
| Polymarket fee range | $0.75 to $1.75 per 100 shares, effective 30 March 2026 (Crypto Daily) |
| Dexsport built-in cost | Yes/No pairs sum to 101-102 cents, ~1-2% of stake (Crypto Daily) |
| Dexsport’s largest market | 2028 Republican nomination past $60m in volume by September (Crypto Daily) |
| Polymarket US launch | 3 December 2025, separate regulated exchange (Crypto Daily) |
What happens next
Watch whether Dexsport’s pool-based model draws volume away from order-book rivals, & how New York & Massachusetts’ sports contract suits against Kalshi progress.
Sources: Dexsport, Polymarket and Kalshi: How Crypto Prediction Platforms Compare in 2026
18+. Betting involves risk. If gambling is a problem for you or someone close to you, help is available.
Discussion
Ask a question, add useful context or share a source. Keep it relevant & respectful.