Polymarket US
Polymarket US relaunched for American traders in 2025 after acquiring QCEX, a CFTC-licensed Designated Contract Market and Derivatives Clearing Organization. That acquisition gave Polymarket the same federal regulatory standing as Kalshi while preserving the global liquidity pools that made the platform famous. For traders who care about depth on political, news, and crypto-native event contracts, Polymarket is unmatched — its non-US order books routinely show the highest volume of any prediction market in the world. The US product is newer and still building feature parity with the global app, but the combination of CFTC oversight and Polymarket's brand recognition makes it the strongest direct alternative to Kalshi for US-based event contract trading.