As the NFL betting season is underway, Kalshi is on a steep rising trend. Over the weekend, the prediction platform’s trading volume exceeded $300 million, with $196 million of that amount occurring on Sunday alone.

It was Kalshi’s busiest day since the election last November and its third-biggest day overall.

The platform launched countrywide earlier this year, and sports contracts accounted for over 95% of all trade. Although these contracts resemble sports wagers, they are legally traded in all 50 states since they are governed by federal law as commodities.

As a result of significant platform changes, the amount of football event contracts has increased, bringing Kalshi’s trading experience closer than ever to traditional betting.