February saw prediction market volume dip to $23.4 billion, ending a six-month growth streak, with Kalshi leading while Polymarket and Opinion Labs declined.
Prediction markets recorded $23.4 billion in total trading volume for February, marking their first monthly decline since August. Kalshi led with $9.8 billion, up from $8.9 billion, while Polymarket held steady at around $7.6 billion, and Opinion Labs saw a sharp drop to $3.1 billion from $8.1 billion. The figures highlight diverging trajectories among major prediction platforms after months of consistent growth.