Notional volume on prediction markets climbed sharply in the second quarter of 2026 and reached $113.8 billion, up 48.7% from the previous quarter.<\/p>\n
CoinGecko found that the momentum accelerated in June, when monthly notional volume surged to a record $50.7 billion, which represented a 92% increase from the average monthly volume of $27.5 billion posted over the prior five months.<\/p>\n
In its latest report, CoinGecko attributed<\/a> the spike to a packed calendar of major sporting events beginning in late May, such as the UEFA Champions League Final, Stanley Cup, NBA Finals, FIFA World Cup, and Wimbledon. The sports-driven activity was particularly evident on Polymarket, where sports-related contracts accounted for 81% of trading volume in June, as opposed to 40% in January.<\/p>\n Despite this increase in sports trading, Polymarket\u2019s market share declined quarter-over-quarter from 35.8% to 30.2%. On the other hand, Kalshi has managed to expand its lead after increasing its share from 42.4% in the first quarter to almost 58.9% in the second.<\/p>\n Meanwhile, Rothera, the Robinhood\/Susquehanna International Group joint venture launched in May, quickly climbed to fourth place in June with $2.1 billion in notional volume.<\/p>\n Prediction markets gained momentum. Last month, Cboe Global Markets launched<\/a> Cboe Predicts, its new prediction markets platform featuring securities-based binary option contracts tied to the Mini-S&P 500 Index. The contracts, trading under the symbols XSPBW and XSPBX, are already available through Interactive Brokers, while Charles Schwab is expected to add access in the coming months.<\/p>\n Cboe also said more brokerage firms are likely to support the products over time. The contracts allow traders to take a \u201cyes\u201d or \u201cno\u201d position on whether the Mini-S&P 500 Index will settle at or above a specified level at expiration.<\/p>\n Additionally, the New York Times reported<\/a> that Meta is developing a standalone prediction markets app called Arena, where users would predict real-world outcomes using points instead of real money. According to the report, the experimental project is a top priority for CEO Mark Zuckerberg and could eventually expand to real-money betting. The initiative follows Meta\u2019s earlier Forecast app, a points-based prediction platform launched in 2020 during the COVID-19 pandemic before being discontinued in 2022.<\/p>\n The post Sports Events Push Prediction Market Trading to Record Highs in June<\/a> appeared first on CryptoPotato<\/a>.<\/p>","protected":false},"excerpt":{"rendered":" Notional volume on prediction markets climbed sharply in the second quarter of 2026 and reached $113.8 billion, up 48.7% from the previous quarter. CoinGecko found that the momentum accelerated in June, when monthly notional volume surged to a record $50.7 billion, which represented a 92% increase from the average monthly volume of $27.5 billion posted […]<\/p>\n","protected":false},"author":0,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-200393","post","type-post","status-publish","format-standard","hentry","category-discovery"],"_links":{"self":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/200393"}],"collection":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=200393"}],"version-history":[{"count":0,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/200393\/revisions"}],"wp:attachment":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=200393"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=200393"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=200393"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}Wall Street and Big Tech Into the Race<\/h2>\n