The predicted market trading volume hits a record, reaching approximately $702 million in a single day.

Odaily Planet Daily reported that under the recent regulatory review, prediction market activity has not slowed down. The daily trading volume of prediction markets reached approximately $701.7 million on Monday, setting a new record. Data sources show that Kalshi accounted for about $465.9 million of this, roughly two-thirds of the total, while competing platforms Polymarket and Opinion together contributed about $100 million in trading volume.

Prediction markets have remained popular in recent years, becoming a rapidly growing infrastructure product in the crypto space, with trading volume and adoption expected to significantly increase by 2025. Kalshi is one of the major prediction markets in the US, with traditional sports event contracts making up the bulk of its revenue, and the platform has established partnerships with mainstream media.

Despite industry focus on regulation (such as discussions around insider trading), prediction markets continue to attract traders and institutions, driving total volume to keep rising. (Cointelegraph)