#PredictionMarketsHitRecordVolume


🔮 Prediction Markets have just reached a milestone hitting $10.8 billion in weekly volume. This is really news. I want to put these numbers into perspective for you. $10.8 Billion in one week is amazing especially since Prediction Markets were barely around three years ago. This is one of the impressive growth stories in financial markets right now.

Let us look at the numbers. On-chain prediction market trading volume reached a record $10.8 billion in the third week of June. Kalshis open interest went over $1 billion for the time, which is up 350% from last year. Polymarkets football category saw a jump of 300% after the World Cup started, with daily volume going from $53 million to $220 million in just a few days. These are not increases. These are numbers that define the category.

The World Cup was a catalyst but there is a more important story here. What was driving this growth before the World Cup started? Geopolitical events like the Iran conflict and US-Iran ceasefire negotiations were creating a lot of volume in Prediction Markets since February. Political events Fed rate decisions and economic data releases are all being priced in time by decentralized Prediction Markets. These markets move faster and more efficiently than futures markets for binary outcomes.

At the time we are seeing institutional validation, which makes this weeks volume numbers even more significant. Cboe launched Cboe Predicts with options on the S&P 500. Nasdaq got approval for products. The NYSEs parent company invested $2 billion directly into Polymarket. All three of Wall Streets exchange operators entered Prediction Markets in the same month. This is not a coincidence. It is the players responding to $10.8 billion weekly volume with urgency.

The crypto angle here is clear and often overlooked. Prediction Markets are an use case for blockchain. Polymarket runs on Polygon. The transparency, settlement speed and permissionless access that make on-chain Prediction Markets better than their counterparts are the exact properties that blockchain technology provides. Every dollar of volume flowing through Polymarket proves that decentralized finance infrastructure has real-world utility beyond speculation.

The $220 million daily volume in football predictions alone during the World Cup is really striking. Gates prediction platform, which covers World Cup matches NBA Finals, macro events and crypto prices is right in the middle of this trend. The community sharing World Cup predictions and trading analysis on Gate Square is participating in the growing financial product category of 2026.

The niche phase is over. Prediction Markets are now infrastructure.

With Prediction Markets weekly volume hitting $10.8 billion and every major exchange rushing to enter the space do you think on-chain platforms, like Polymarket will stay on top as Wall Street arrives or will regulated institutional competition eventually push out the -native platforms?

#PredictionMarketsHitRecordVolume #GateSquare #Polymarket,
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ShainingMoon
· 43m ago
To The Moon 🌕
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ShainingMoon
· 43m ago
To The Moon 🌕
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ShainingMoon
· 43m ago
2026 GOGOGO 👊
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Yusfirah
· 2h ago
To The Moon 🌕
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Yusfirah
· 2h ago
LFG 🔥 thinking

The moment I followed the blogger, I unfollowed loong (he’s a disgusting L Q controller), and I’m still keeping an eye on the list.

${.Confidence} I immediately went in, went in on this one with a whale.

UNI, I directly called the order and went in, bro.

Made money, cashed out. Next time, pay attention to risk control.

No need, if there’s a position later, prioritize Dragon King.

No need, if there’s a position later, prioritize Dragon King. Holding on to die is wrong; do some swing trading, bro.

Silver, it’s really full of anticipation.

$XRP whales have run, all run.

$XRP no whales, Binance has no depth. This coin is basically dead at this stage.

Floki too.

Floki all run.

Say goodbye to Floki, really say goodbye to Floki. It’s not the program running; it’s the people running.

This also means the BSC ecosystem is actually collapsing.

I already said about BNB earlier—if there’s no positive empowerment, it will inevitably be replaced by SOL.

Mint this coin has charisma, strong consensus.

Hold your coins tight, bull market next year.

I find that my intuition is always spot on; UNI just took off like that.

Future, don’t play it, really don’t play it.

From now on, only meme and L2. Later, L2 might die too, only meme. SOL can only sustain one meme.

Right now, it’s almost the early bull market.

Checking in is so stupid. It feels like going to work. Binance’s Launchpool will be the same in the future—everyone’s grinding it out.

Binance is really in decline. I said before they’re just leeching now, only listing their own coins.

Woke up with a start; Zone is alive again.

$RATS is starting.

has run away. :man-shrugging-tone1:

zksync, all run.

Fed is about to announce the interest rate; $BTC price isn’t reacting much, still holding steady.

ETH and BTC exchange rate keeps dropping, which actually indicates quite a few issues, because I said before this is the engine for altcoin season. If it doesn’t start, it’s tough.

SOL/BTC keeps dropping, which actually shows big money is fleeing.

Right now, buying Bitcoin and holding is the safest. Everything else feels like pulling chestnuts from the fire. This year’s situation is too special; when making money, don’t get greedy.

A lot of people are watching me make a fool of myself, waiting to see when I get liquidated. I’ve never opened a futures contract, and I don’t plan to.

Right now, buying Bitcoin and holding is the safest. Everything else feels like pulling chestnuts from the fire. This year’s situation is too special; when making money, don’t get greedy. This year’s situation is too special; when making money, don’t get greedy. I said this three times, and it’s the most important thing.

Mining HD? Damn.

Opening futures contracts is impossible. I won’t be a degenerate gambler. I want to make money; opening futures contracts is a guaranteed loss.

Woo, my cost is 0.17-0.18. If you’re bullish, hold. Top, hold too.

Gate’s voting is too fake; it’s all predetermined. Those with lots of votes are performing terribly. Now there are a lot of false votes, all fake.

Go vote quickly.

I want to start a group here, but management will be strict because I don’t want it to become a chat group. This group only wants core information and judgments. Check the pinned post for details.

I want to start a group here, but management will be strict because I don’t want it to become a chat group. Like this, if you want to join, comment 111.

OP in sync, this one generally follows ETH, but the sync isn’t strong.

significant market data

Alright, that’s all for now. I’m keeping an eye on things.

Over. 2024/11/12. loong.

Good night.

Still very happy; my judgment is still good. Bought the bottom at ETH 0.053. Still continuously buying $ETH. Bros, come on, listen to me—buy like crazy, buy spot.

Stop, I shouldn’t let FOMO get to me. See you.

I won’t short, never short. And only go long, no futures contracts.

You can’t short; that’s just giving away money.

gg. :face-with-head-bandage:
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HighAmbition
· 2h ago
good information 👍👍👍
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