Prediction market trading hits record high… Kalshi’s daily volume tops $700 million

Source
YM Lee

Summary

  • Daily trading volume in prediction markets surpassed $700 million, setting an all-time high.
  • U.S.-based prediction market platform Kalshi dominated with a 66.4% share and $466 million in single-day volume.
  • Prediction markets are drawing attention as a new derivatives market amid rising interest tied to the U.S. presidential election, macroeconomic indicators, political issues, and expanding integration with traditional financial platforms.

Forecast Trend Report by Period

Loading IndicatorLoading Indicator
Photo=Dune Analytics
Photo=Dune Analytics

Daily trading volume in prediction markets hit an all-time high.

According to the crypto industry, as of Jan. 12, daily prediction market volume topped $700 million, setting a new record. Among platforms, U.S.-based prediction market platform Kalshi accounted for 66.4% of the market, posting $466 million in single-day volume.

Polymarket and Opinion followed, each capturing 14.3% market share. While their shares were similar, Kalshi held a commanding lead in total volume.

The record is attributed to increased participation in prediction markets centered on the U.S. presidential election, macroeconomic indicators, and political issues. With growing integration with traditional financial platforms, prediction markets are drawing attention as a new derivatives market that goes beyond simple betting.

YM Lee

YM Lee

20min@bloomingbit.ioCrypto Chatterbox_ tlg@Bloomingbit_YMLEE
hot_people_entry_banner in news detail bottom articleshot_people_entry_banner in news detail mobile bottom articles
What did you think of the article you just read?




PiCK News

Trending News