a16z crypto: Prediction market trading volume has set new records for three consecutive weeks, with weekly trading volume rising to $14.4 billion
Svmuu News: Data released by a16z crypto shows that trading volume in prediction markets has hit a record high for the third consecutive week. Last week, total market trading volume reached $14.4 billion for the first time, a significant increase from the approximately $5–6 billion seen at the beginning of the year, while the previous record high of about $10 billion had been set just one week earlier. In addition, open interest rose to $1.6 billion, setting a new all-time high for the third consecutive week, indicating that the pace of new position openings continues to outpace the pace of position closures, and that market exposure is steadily expanding. Growth has been particularly significant in non-sports markets—covering areas such as macroeconomics and breaking news—where combined trading volume on Kalshi and Polymarket reached $3.6 billion last week, already surpassing the total size of all prediction market categories from last year.
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