Why did DraftKings launch the DKeX exchange?

DraftKings launched DKeX to move its prediction markets onto infrastructure it owns instead of relying on third-party exchanges. The company said the move allows it to support DraftKings Predictions through a vertically integrated platform.

What are the latest trading volumes for DraftKings Predictions?

DraftKings said its Predictions platform generated approximately US$3.4 billion in annualised consumer trading volume and US$11.3 billion in annualised total trading volume during the week ended June 21. The company said this represented roughly US$216 million in actual trading volume for the week.

How is DraftKings changing its prediction market operations?

DraftKings has moved prediction market trading from infrastructure provided by CME Group and Crypto.com to its own CFTC-regulated DKeX exchange. The company said this allows it to retain exchange trading fees that were previously shared with third-party platforms.

What does DKeX mean for DraftKings customers?

DraftKings said DKeX enables customers to access prediction market contracts through its unified Sports & Casino app. The company also said the exchange currently offers sports event contracts in 18 US states under CFTC rules.

Why is DraftKings focusing on its own exchange?

DraftKings said owning its exchange gives it greater control over trading infrastructure and product development. The launch also follows a broader industry trend of consumer-facing prediction market companies building or acquiring their own exchange technology.

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DraftKings launches DKeX prediction market exchange

Written by Mahathir BayenaPublished Jul 1, 2026, 5:48 AM

DraftKings has launched its DKeX prediction market exchange, moving trading onto its own CFTC-regulated platform.
The shift replaces third-party exchange infrastructure previously provided through CME Group and Crypto.com, allowing DraftKings to retain exchange fees.
The company said the move strengthens its vertically integrated strategy as prediction market trading continues to expand.

DraftKings has launched its DKeX prediction market exchange, moving its DraftKings Predictions platform onto infrastructure it owns after previously routing trades through CME Group and Crypto.com.

The exchange became operational on June 26 after DraftKings acquired Railbird Technologies and its Commodity Futures Trading Commission licence in October 2025, allowing the company to combine custody, exchange operations and customer access within a single platform.

“DKeX provides a vertically integrated foundation for DraftKings Predictions, enabling us to move faster as we continue enhancing our unified app,” said DraftKings Chief Executive Officer Jason Robins.

DraftKings said its Predictions platform generated annualised consumer trading volume of approximately US$3.4 billion and total annualised trading volume of about US$11.3 billion during the week ended June 21, although the reported activity equated to roughly US$216 million in actual weekly trading volume.

The company said operating its own exchange allows it to retain trading fees that were previously shared with third-party exchanges, while DKeX currently offers sports event contracts in 18 US states under CFTC rules.

The launch follows a broader industry shift towards vertically integrated prediction market businesses, with Robinhood, Coinbase and Flutter Entertainment also developing or acquiring exchange infrastructure alongside their consumer platforms.

DKeX also expands DraftKings' presence in states where traditional sportsbooks are generally not permitted, as the legal boundary between federally regulated prediction markets and state gambling laws continues to face regulatory and legal challenges.