Came across some pretty explosive data: according to CryptoRank, prediction market trading volume surged to around $123 billion in October, a new monthly high, up roughly 57.5% month over month and more than double August’s figure.
Breaking it down: sports markets accounted for about $26 billion, and crypto-related markets around $14 billion; political markets topped $800 million, up roughly 43% month over month, driven mainly by the November 3 midterm elections.
The midterms are over, but sports season is still underway—and event contracts are no longer just about “betting on elections.” When spot markets are volatile, prediction markets are just as busy.
#预测市场 #Polymarket #Kalshi $BTC
Breaking it down: sports markets accounted for about $26 billion, and crypto-related markets around $14 billion; political markets topped $800 million, up roughly 43% month over month, driven mainly by the November 3 midterm elections.
The midterms are over, but sports season is still underway—and event contracts are no longer just about “betting on elections.” When spot markets are volatile, prediction markets are just as busy.
#预测市场 #Polymarket #Kalshi $BTC
