Is the prediction market booming? Monthly trading volume exceeds $13 billion, reaching a new all-time high

robot
Abstract generation in progress

【Crypto World】The recent surge in the prediction market is truly extraordinary. According to statistics, last month’s global prediction market trading volume surpassed $13 billion, a figure that dwarfs the transaction volume during last year’s presidential election—more than three times higher.

Currently, the main trading volumes are concentrated on a few leading platforms, with Polymarket, Kalshi, and OPINION occupying the majority of the market share. Interestingly, binary options have evolved from their original financial instrument form into a tool for betting on almost anything—political speeches, sports event outcomes, company earnings reports before release… Nearly all major events that require “prediction” can become trading targets.

From another perspective, prediction markets are transforming into probability layers for world events, translating every major occurrence into tradable data. What does this reflect? It’s a market craving for certainty and another innovative attempt to expand Web3 application scenarios.

View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • 9
  • Repost
  • Share
Comment
0/400
RugpullAlertOfficervip
· 12-28 14:29
130 billion dollars? Are you kidding? How can this number grow so fast? --- Polymarket is really taking off, but it feels like only the same group of users are playing. --- You can bet on anything, how boring must that be haha. --- Prediction markets = probability exchanges, to put it nicely. --- Are the three companies taking the biggest share, leaving retail investors with heavy losses again? --- The presidential election only earned a little, but this month it tripled directly. There must be big funds pushing behind the scenes. --- Honestly, it's still gambling. No matter how fancy the packaging, it can't escape this essence. --- I'm a bit worried that this thing is growing too fast. Could it be the next trigger for a crash?
View OriginalReply0
zkProofGremlinvip
· 12-26 16:23
Three companies are monopolizing, retail investors are still sleepwalking.
View OriginalReply0
NotFinancialAdviservip
· 12-26 03:50
13 billion broke the record, but this gameplay is a bit outrageous.
View OriginalReply0
GmGnSleepervip
· 12-26 03:49
13 billion breaking records, this time it's really taking off Polymarket and these three platforms are monopolizing, what about other platforms? You can bet on anything, it feels not far from a casino Probability layer? Sounds advanced, but it's basically turning uncertainty into business
View OriginalReply0
BankruptcyArtistvip
· 12-26 03:48
13 billion? This prediction market is really hot, you can even bet on politics now, it's a bit outrageous.
View OriginalReply0
0xDreamChaservip
· 12-26 03:48
13 billion? Really? This increase is way too outrageous.
View OriginalReply0
EthSandwichHerovip
· 12-26 03:46
13 billion unprecedented, I bet this wave will still go up
View OriginalReply0
NotAFinancialAdvicevip
· 12-26 03:43
130 billion... How many people are gambling on this, so exciting --- Polymarket has truly benefited from this wave, it's a bit invincible --- Betting on everything feels a bit outrageous, is the next step even betting on the weather --- The market commodifies uncertainty, this logic is interesting --- It feels like gamifying real life, with a bit of addictive flavor --- Compared to the presidential election, it’s tripled? This hype is indeed not exaggerated --- Wait, is this really prediction or just pure gambling --- Leading platforms are taking the profits, retail investors are still drinking the soup --- Every event can be traded, it’s a bit like speculating on the "probability" itself
View OriginalReply0
GasWranglervip
· 12-26 03:32
ngl, $130B monthly volume is... technically just market inefficiency aggregation at scale. if you actually analyze the data, most of these positions are sub-optimal entry points. the three platforms hoarding liquidity? demonstrably false decentralization lmao
Reply0
View More
  • Pin

Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)