Prediction Markets Surge with Over $2 Billion Weekly Volume
- Prediction markets have seen a surge, reaching over $2 billion in total volume this week.
- Major platforms such as Myriad, Limitless, Kalshi, and Polymarket contributed to this volume.
- Polymarket and Kalshi captured the majority of the trading activity.
- Open interest on Polymarket climbed to $202 million by Monday.
The prediction market sector is experiencing significant growth, with platforms like Polymarket and Kalshi leading the charge in terms of trading volume and open interest. This indicates strong trader engagement across these platforms.
With open interest on Polymarket reaching $202 million, it highlights the platform’s role in the current market dynamics within prediction markets. (Source)
