Derived from MarsBit, prediction markets have emerged as a focal point amid the current bearish crypto market, with weekly nominal trading volume reaching $3.5B and active users surpassing 290,000. Platforms like Polymarket and Kalshi are leading the trend, supported by regulatory easing and significant capital inflows. Polymarket, which raised over $2.2B, dominates political and economic event markets, while Kalshi, backed by institutional-grade liquidity, is gaining market share. Other notable platforms include Opinion, Limitless, Myriad Markets, and Sora, which provides oracle services for prediction protocols. The sector is seeing a narrative shift toward 'attention-based assets,' with potential for further growth as Polymarket hints at a token launch in 2026.
Prediction Markets Surge Amid Crypto Downturn, Weekly Volume Hits $3.5B
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