The predicted market trading volume hits a new single-day record of $701.7 million, with active predictions in the sports sector.

robot
Abstract generation in progress

On January 14, the prediction market trading volume hit a new single-day high on Monday, approximately $701.7 million, with Kalshi accounting for about two-thirds of the total trading volume at $465.9 million, and Polymarket and Opinion each around $100 million. The surge in trading volume was mainly driven by the NFL playoffs, with Polymarket’s sports sector accounting for about 55% of all its prediction activities. Since August 2024, the adoption of prediction markets has grown exponentially, becoming one of the hottest use cases in the crypto space. Several mainstream crypto platforms are integrating prediction market features, and trading platforms like CEX, CEX, and others have already integrated or plan to incorporate them.

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
  • Comment
  • Repost
  • Share
Comment
0/400
No comments
  • 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)