Prediction Markets Hit $25.7B Monthly Volume: Report
Prediction markets reached $25.7 billion in monthly volume, driven largely by retail users and consistent engagement across various categories.Summary
A new report by Bitget Wallet and Polymarket reveals that monthly trading volume in prediction markets reached $25.7 billion in March. Notably, over 80% of participants are retail users trading less than $10,000. This growth reflects a shift from one-off event betting to more frequent, continuous participation, with average active days per user increasing from 2.5 to 9.9 during the first quarter.
Sports emerged as the leading segment with $10.1 billion in volume, followed by political markets at $5 billion. The industry is seeing massive momentum, with projections suggesting annual volumes could reach $240 billion this year and potentially enter the trillion-dollar range in the long term. Platforms like Polymarket and Kalshi are benefiting from this trend, with both reportedly seeking valuations exceeding $20 billion.
As prediction markets evolve, they are becoming essential tools for tracking real-world developments. Onchain platforms like Polymarket, which operates on Polygon, are gaining traction by providing decentralized access to outcomes, while regulatory developments are helping to improve market integrity and transparency.
(Source：Cointelegraph)