volume
Every story this desk has filed under volume, most recent first.

Kalshi Says Its Headline Volume Counts Maximum Payouts, Not Cash Spent
A critic flagged repeated identical $5,500 trades on the prediction market's crypto contracts. Kalshi's response is that the industry counts notional payout, which is a different number from money at risk.

The Market Was Closed and $1bn of Stock Tokens Changed Hands Anyway
The 42 largest tokenized equities traded $1.01bn across Saturday and Sunday, roughly matching the previous Friday's session, with Robinhood Chain taking $572.8m of it. Another $398.3m went through on Labor Day.

Volume held, participants did not: trading listings fall from 187 to 111
Volume held roughly flat over the week while the number of listings that traded fell from 187 to 111. Three tickers accounted for half of it.

Three tickers carried 71% of the volume, and 147 listings did nothing at all
Robinhood Chain now lists 196 tokenised equities. Forty-nine of them traded enough to register. NVDA, SPCX and SPY accounted for $57.7m of the $81.0m that moved.