# PredictionMarketsHitRecordVolume

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Fueled by the 2026 World Cup and geopolitical events, prediction markets have seen explosive growth. On-chain prediction market trading volume hit a record $10.8 billion in the third week of June. Kalshi's open interest surpassed $1 billion for the first time, up 350% year-to-date. Polymarket's football category saw a 300% surge in trading volume after the World Cup kicked off, with daily volume rising from $53 million to $220 million. Once a niche sector, prediction markets are rapidly going mainstream.

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