Kalshi vs Seer

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

Kalshi4.3/5
VS
Seer3.3/5
Feature
Ratings
Our score4.3/53.3/5
User ratingNo reviews yetNo reviews yet
Market selection4.54.0
Liquidity4.52.0
Fees4.03.0
Resolution quality4.54.0
Ease of use4.03.5
Specs
Market typesPolitics, Sports, Crypto, Economics, Culture, WeatherPolitics, Sports, Crypto, Economics, Culture, Science
Settles inUSDNot disclosed
ChainsOtherEthereum, Other
Trading feesModel fee rounded to $0.000001 precision with balance rounding feesNot disclosed
Resolution sourceOfficial government and industry statistics, primary source reportingReality.eth and Kleros
Available in the US YesNot disclosed
KYC required YesNot disclosed
Regulated venue YesNot disclosed
Market topicsElections, Macroeconomics, Sports, Cryptocurrency, Weather, Financial IndicesElections, Sports, Political Forecasting, Financial Markets, Disaster Management, Entertainment
Liquidity rewardsNot disclosed Yes
Company
Founded2018—
HeadquartersUnited States—
InvestorsBaillie Gifford, Layer Global, TCV, Coatue +9Not disclosed
Strengths and weaknesses
Pros
  • 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
  • Outcome tokens are standard ERC-20s compatible with third-party DEXs
  • Uses Kleros decentralized arbitration for contested event resolution
  • Supports scalar and multi-categorical formats beyond simple binary bets
Cons
  • 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
  • Modest total value locked of about $341,000 in October 2026
  • Thin liquidity can cause wider spreads on low-volume markets
  • Oracle disputes through Kleros can lengthen settlement turnaround times
  • Ambiguous market criteria carry risks of bonded resolution challenges
Best forUS residents wanting regulated event contracts, Quantitative traders using FIX and REST APIs, Sports bettors preferring central orderbook pricingDeFi traders exchanging outcome tokens, Gnosis ecosystem event traders, Creators needing custom scalar markets

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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