Prediction Market Volume Jumped 75% to $44.8B in June as the World Cup Drove Record Trading
The post Prediction Market Volume Jumped 75% to $44.8B in June as the World Cup Drove Record Trading appeared on BitcoinEthereumNews.com. Key Takeaways Kalshi, Polymarket, and Polymarket U.S. traded a combined $44.8B in June, up 75% from May’s $25.66B. Kalshi took the largest share at $31.5B, roughly 70% of the total, growing 87% month over month. Trading volume is not money staked – contracts are resold repeatedly, so the figure overstates funds at risk. The World Cup-induced growth spurt continues Kalshi, combined with Polymarket’s international platform and its U.S.-regulated exchange, recorded a combined $44.8 billion in monthly trading volume in June. This marks a 75% jump from May’s $25.66 billion, according to The Block’s data dashboard. Kalshi drove most of the increase, growing 87% month over month to $31.5 billion. The main cause of the growth is the FIFA World Cup co-hosted by the U.S., which began on June 11 and quickly became the largest liquidity event the sector has seen