Azuro vs Kalshi

How Azuro vs Kalshi compare on our ratings, prediction market specs, funding, pros and cons.

Azuro3.2/5
VS
Kalshi4.3/5
Feature
Ratings
Our score3.2/54.3/5
User ratingNo reviews yetNo reviews yet
Market selection3.04.5
Liquidity2.04.5
Fees4.04.0
Resolution quality3.54.5
Ease of use3.54.0
Specs
Market typesSportsPolitics, Sports, Crypto, Economics, Culture, Weather
Settles inNot disclosedUSD
ChainsPolygon, Arbitrum, Base, OtherOther
Trading feesNot disclosedModel fee rounded to $0.000001 precision with balance rounding fees
Resolution sourceSupraOfficial government and industry statistics, primary source reporting
Available in the USNot disclosed Yes
KYC requiredNot disclosed Yes
Regulated venue No Yes
Market topicsSports, Predictions, GamingElections, Macroeconomics, Sports, Cryptocurrency, Weather, Financial Indices
Mobile app NoNot disclosed
Liquidity rewards YesNot disclosed
Company
Founded20222018
Headquarters—United States
InvestorsFlow Ventures, Gnosis, Polymorphic Capital, Arrington Capital +21Baillie Gifford, Layer Global, TCV, Coatue +9
Strengths and weaknesses
Pros
  • Shared liquidity eliminates the need for applications to seed individual market books
  • Frontend developers receive a 70% monthly protocol revenue share
  • Deployed across six EVM chains including Arbitrum, Base, and Polygon
  • Audits are published publicly on GitHub
  • Registered Designated Contract Market status provides federal regulatory oversight for US-based traders
  • Deep liquidity exceeding $2B in weekly volume across major events in May 2026
  • Transparent dollar-denominated balances eliminate stablecoin depeg risks
  • Subpenny orderbook precision down to $0.0001 allows fine-grained execution
Cons
  • Contained an infrastructure wallet security attack in October 2026, causing operational pauses
  • Total value locked is thin at under $300,000 in October 2026
  • Liquidity providers take on counterparty risk against aggregate bettor performance
  • Primary market focus is limited to sports predictions
  • Requires full identity verification (KYC), preventing anonymous participation
  • Centralized custody of cash balances without on-chain asset withdrawals
  • Subject to regulatory exclusions, including a 2026 trading ban on US Senate staff
  • Unprofitable to profitable user ratio reached 2.9 to 1 in 2026
Best forDevelopers launching EVM prediction frontends, LPs seeking yield on sports liquidity pools, Bettors using decentralized sports prediction appsUS residents wanting regulated event contracts, Quantitative traders using FIX and REST APIs, Sports bettors preferring central orderbook pricing

Highlighted cells show the stronger value in each row. Data comes from each provider's site and public sources; check details before you sign up.

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