Global prediction market daily volume surpasses $700M, hits new high

Daily trading volume on global prediction markets surpassed $700 million on Jan. 12, reaching an all-time high, according to a report from Wu Blockchain. Kalshi accounted for the majority of this volume, with approximately $466 million, representing a 66.4% market share. Polymarket and Opinion each held a 14.3% share of the market.