Prediction Markets Reach Record 2.47% of Crypto Spot Trading Volume in March
According to The Block, prediction markets accounted for 2.47% of cryptocurrency spot trading volume in March, up from 0.11% a year earlier.
Fact Check
The specific figures (2.47% in March 2026 vs 0.11% in March 2025) are consistently reported by multiple secondary sources (Binance Square, Telegram news feeds) and attributed to 'The Block'. The timing (March 30, 2026) aligns with the end-of-month reporting cycle for market share data.
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Summary
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Terms & Concepts
- Prediction markets: Platforms where traders buy and sell contracts tied to the outcome of future events.
- Spot trading: The direct purchase or sale of an asset for immediate settlement at the current market price.