Underdog's UDX Hits $1.2M Day, About 5% of Estimated Companywide Flow

Underdog's UDX Hits $1.2M Day, About 5% of Estimated Companywide Flow

UDX recorded $1.2M volume July 27—10 days post-launch—but captures only 5% of Underdog's $22M daily flow. Migration from Kalshi/Crypto.com is the real test; Underdog's captive user base and market-maker infrastructure mirror DraftKings' DKeX playbook.