Kalshi Combos Bundle Event Outcomes in a Single Position
Each combo uses a dedicated order book and can pay up to $1 per contract, depending on its component positions.

Kalshi combos tie multiple event outcomes to one position, giving traders a way to hold a contract linked to more than one event.
Each combo trades through a dedicated order book and pays based on the product of its component positions. The maximum payout is $1 per contract.
If any component settles at zero, the combo pays nothing. That condition determines how the bundled position settles.
A Commodity Futures Trading Commission (CFTC) filing describes a contract with a $1 notional value. The example does not establish a general rule for Kalshi contracts.
That filing also does not determine how trading volume for combo contracts should be counted.
Trading volume and transaction counts measure different aspects of market activity. Comparisons between prediction markets and sportsbooks depend on how each platform defines and calculates its figures.
The available information does not establish a uniform method for comparing those figures across platforms.