Analysts: Last month's forecast market trading volume exceeded $13 billion, a record high.
TL;DR
Analyst Patrick Scott reports that prediction market trading volume surpassed $13 billion last month, setting a new record and more than tripling the peak from the 2024 election. Major platforms like Polymarket, Kalshi, and OPINION dominated the volume, with binary options expanding into political, sports, and corporate events as a probability layer.
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[Analyst: Prediction Market Trading Volume Exceeded $13 Billion Last Month, a Record High] According to Mars Finance, analyst Patrick Scott stated on the X platform that prediction market trading volume exceeded $13 billion last month, more than three times the peak trading volume during the 2024 election. Polymarket, Kalshi, and OPINION accounted for the vast majority of the trading volume. Binary options are now used in areas such as political speeches, sporting events, and corporate financial reports, becoming a probability layer for world events and news.