Prediction Markets Surpass Onchain Gambling in Q1 2026
- Prediction markets recorded $36.6 billion in volume, surpassing onchain gambling’s $14 billion in Q1.
- Onchain gambling reached $51 billion in total volume for the previous year, while prediction markets totaled $54 billion.
- Quarterly gambling volume held steady at $14 billion following a peak of $15 billion in Q4 of the previous year.
- Over two million personal wallets interacted with gambling platforms from January 2022 to March 2026.
- High Rollers, representing just over six percent of users, accounted for nearly ninety-two percent of total gambling volume since early 2022.
The growth of prediction markets and onchain gambling reflects a resilient user base that continues to engage despite market fluctuations. Both sectors are increasingly using stablecoin infrastructure but face distinct financial crime risks.
With prediction markets outpacing onchain gambling by over $22 billion this quarter, the landscape of crypto betting is evolving rapidly as user engagement remains strong across different categories.(Source)
