Prediction Markets Surge to $702 Million Daily Volume Amid Regulatory Scrutiny
Prediction markets shattered records with $701.7 million in single-day trading volume, spearheaded by Kalshi's $465.9 million dominance. The platform now controls 66.4% of the market, while competitors Polymarket and Opinion split the remaining third. This milestone arrives as regulators intensify scrutiny of the sector.
Kalshi's 2025 performance reveals staggering growth—$23.8 billion in annual volume representing a 1,100% surge from 2024. The platform processed 97 million trades, up 1,680% year-over-year. Meanwhile, Polymarket faces backlash after a $32,000 bet on Venezuelan President Maduro's capture yielded $400,000, highlighting the sector's high-risk nature.
Blockchain analytics show 70% of prediction market traders lose capital, underscoring the speculative frenzy. The industry's breakneck expansion now collides with mounting oversight from state and international watchdogs.
