October Marks Record Activity in Prediction Markets

According to Odaily, October has been the most active month in the history of prediction markets. Key statistics reveal that the total number of users reached 524,200, with 40.4% being new users. The number of transactions hit 30 million, and the nominal trading volume amounted to $8.7 billion. Kalshi led in both trading volume and transaction numbers, capturing a market share between 45% and 55%. Polymarket followed closely, while other smaller projects accounted for only about 7% to 10% of the market share.