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Kim Han-seok - News Test

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Summary

  • It said daily trading volume in prediction markets surpassed $700 million as of Jan. 12, setting an all-time high.
  • It reported that U.S.-based prediction-market platform Kalshi showed an overwhelming lead with a 66.4% share and $466 million in volume.
  • It said prediction markets are gaining attention as a new derivatives venue, supported by political issues such as the U.S. presidential election and macroeconomic indicators, as well as links with traditional financial platforms.
Photo=Dune Analytics
Photo=Dune Analytics

Daily trading volume in prediction markets hit a record high.

According to the crypto industry, as of Jan. 12, daily prediction-market volume topped $700 million, setting an all-time high. U.S.-based prediction-market platform Kalshi accounted for 66.4% of the total, posting $466 million in single-day volume on its own.

Polymarket and Opinion followed, with market shares of 14.3% each. While their trading shares were similar, Kalshi held an overwhelming lead in total volume.

The record is attributed to growing participation in prediction markets driven by the U.S. presidential election, macroeconomic indicators and other political issues. With rising integration with traditional financial platforms, prediction markets are drawing attention as a new derivatives venue beyond simple betting.

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