Data: a16z crypto reveals that the weekly trading volume of prediction markets has reached a historical high

a16z crypto disclosed that the weekly trading volume of prediction markets reached $10.8 billion for the first time, setting a historical record. This record growth was driven by multiple global events, including the SpaceX IPO, the US-Iran peace agreement, the NBA Finals, and the World Cup.

a16z crypto pointed out that the prediction market scale has rapidly expanded over the past year. A year ago, the weekly trading volume was about $500 million, and even during active market periods, the weekly trading volume was below $1 billion. Since last fall, trading volume has steadily increased, stabilizing this spring in the range of $6 billion to $7 billion. Even during the current "low volatility week," the market scale has significantly exceeded the peak levels of a year ago, indicating that the liquidity and participation in prediction markets are continuously structurally rising.