Is the prediction market booming? Monthly trading volume exceeds $13 billion, reaching a new all-time high

【Crypto World】The recent surge in the prediction market is truly extraordinary. According to statistics, last month’s global prediction market trading volume surpassed $13 billion, a figure that dwarfs the transaction volume during last year’s presidential election—more than three times higher.

Currently, the main trading volumes are concentrated on a few leading platforms, with Polymarket, Kalshi, and OPINION occupying the majority of the market share. Interestingly, binary options have evolved from their original financial instrument form into a tool for betting on almost anything—political speeches, sports event outcomes, company earnings reports before release… Nearly all major events that require “prediction” can become trading targets.

From another perspective, prediction markets are transforming into probability layers for world events, translating every major occurrence into tradable data. What does this reflect? It’s a market craving for certainty and another innovative attempt to expand Web3 application scenarios.