a16z crypto: Prediction market trading volume hits record highs for three consecutive weeks, weekly trading volume rises to $14.4 billion

PANews June 27 news, a16z crypto published data showing that prediction market trading volume has hit an all-time high for the third consecutive week. Last week, total market trading volume reached $14.4 billion for the first time, a sharp increase from the roughly $5–6 billion at the start of the year, and the previous record high of around $10 billion had just been set one week earlier. In addition, open interest climbed to $1.6 billion, also a record high for the third straight week, indicating that new position building continues to outpace closing, with capital risk exposure steadily expanding. Among these, non-sports markets saw particularly notable growth, covering macroeconomics, breaking events, and other areas. Last week, combined trading volume on Kalshi and Polymarket reached $3.6 billion, already exceeding the total scale of all prediction market categories last year.

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