Prediction Markets Surge Amid Crypto Crash, Hitting Record Weekly Transaction Milestone

AirdropSweaterFan · 2026-02-13T10:20:20+00:00

Despite a broader cryptocurrency market pullback, prediction markets thrived, reaching record transaction volumes. Polymarket and Kalshi led this growth, with traders increasingly using these platforms for hedging during volatility.

AirdropSweaterFan

2026-02-13 10:20:20

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Even as the broader cryptocurrency market experienced a significant pullback, prediction markets demonstrated remarkable resilience by reaching unprecedented transaction volumes. According to data from Dune analytics, the past week witnessed an extraordinary surge in speculative activity across major prediction platforms, suggesting that traders increasingly view these markets as essential tools for hedging and risk management during periods of market volatility.

Transaction Volume Breaks New Ground

The aggregate weekly transaction count across prediction markets hit an all-time high of 26.39 million, representing a decisive spike in user engagement. This milestone underscores how market turbulence can paradoxically drive heightened activity in prediction platforms, where participants seek exposure to derivative markets and price discovery mechanisms unaffected by the crypto crash sentiment gripping traditional exchange platforms.

Platform Performance: Polymarket Leads the Rally

Polymarket dominated the landscape with 13.34 million transactions, maintaining its position as the largest prediction market by transaction count. Kalshi followed closely with 11.88 million transactions, while Opinion rounded out the top three with 379,300 transactions. This data reveals a significant concentration of activity in the top two platforms, which collectively accounted for over 96% of the weekly transaction volume.

Trading Momentum Persists Through Market Volatility

Beyond transaction counts, trading volume metrics further illustrate the sector’s strength. Polymarket recorded $2 billion in weekly trading volume, up 18.4% compared to the previous week. Kalshi posted $1.4 billion in volume, reflecting an 8.5% weekly increase. These gains demonstrate that the crypto crash, rather than suppressing market participation, has channeled trading interest toward prediction markets where risk management and speculative positioning remain robust.

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