Prediction Markets: Hit $31.2B May Volume ATH
Prediction markets posted $31.2B May notional volume, up 15% from January, with Kalshi at $18B and Polymarket at $8.8B as open interest reached $1.3B.
SourceAnalysis
Prediction markets posted another ATH with $31.2B May notional volume, up 15% from $27B in January, driven by World Cup interest. Kalshi took 58% share at $18B and Polymarket held 28% at $8.8B. Industry-wide open interest climbed to $1.3B while Polymarket created 520K new markets, a 50x YoY jump spanning stocks, commodities, sports, and AI prediction market volume growth.
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