Prediction Markets Post Best Month on Record With $123B Volume, 643M Trades in October

Predictions markets just had its best month on record. According to data from Artemis , monthly trading volume across all prediction markets blew past the $100 billion mark for the first time, reaching $123.3 billion. That’s approximately a 53.9% growth from the previous high set in September. October also saw the number of trades reach a new record of 642.9 million. The market share breakup shows that Kalshi drove most of it. The platform drew in $98.2 billion in trading volume over the course of the month, or roughly 80% of the entire sector, and processed 465.5 million trades. Polymarket came in a distant second with $20.2 billion in volume and 148 million trades.

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