Prediction markets (markets for event outcomes) hit $5.3B record, then dip to $4.766B

Daily trading in prediction markets surged to $701.7 million, with Kalshi leading at nearly two-thirds of the total, marking a new single-day high.

65d ago

Summary

Prediction markets recorded a daily trading volume peak of $701.7 million on Monday, surpassing previous levels. Kalshi led with $465.9 million, representing about two-thirds of the total daily volume, while Polymarket and Opinion combined for $100 million. This new single-day high follows earlier record weekly volumes in December.

Terms & Concepts

Prediction markets: Platforms where participants trade contracts based on event outcomes, reflecting collective expectations.
Blockchain analytics: Aggregating and analyzing blockchain data to track activity, trends, and metrics across networks.
Nominal volume: Total traded value not adjusted for inflation or price level changes.