Prediction Markets Are Entering Their Infrastructure Era
Prediction markets closed out June with the biggest month in the sector's history. Combined trading volume across Kalshi, Polymarket, and Polymarket US reached $44.8 billion, up 75% from May's $25.66 billion, according to The Block, with the FIFA World Cup doing most of the heavy lifting. Kalshi took the larger share by a wide margin; the platform’s June volume alone hit $31.5 billion, up 87.4% from $16.81 billion in May.
Image source: The Block
The volume is retail and World Cup-driven, but the same week offered a live case for why institutions ought to be watching closely: on June 15, a $64 million match market on Spain repriced real-time from favoring La Roja at 92% to zero after a shock 0-0 draw with Cape Verde, pricing information more efficiently than Goldman Sachs' own pre-tournament forecast model.
That said, liquidity depth remains one of the sector’s main...
Copyright of this story solely belongs to hackernoon.com. To see the full text click HERE
