The crypto market is known for its huge volatility, and prediction markets allow users to participate in the prediction of the outcomes of major events in a more stake-based way. This chart summarizes the prediction events with large trading volumes for investors to more accurately grasp the current market context.
JinseFinanceAs the crypto industry moves into the consumer application phase, Polymarket’s success in temporarily replacing existing prediction markets is significant.
JinseFinancePolymarket’s recent success is almost entirely a result of the election.
JinseFinanceU.S. lawmakers have called for a ban on election betting, citing concerns over its impact on democracy. Polymarket, a popular platform for such bets, has seen record trading volumes but faces financial challenges.
SanyaParaFi Capital, the largest investor in prediction markets, said first-time users are mostly participating in markets not related to the election.
JinseFinancePolymarket breaks trading records with $116.4 million in July, driven by U.S. election bets. Nate Silver's advisory role aims to enhance prediction accuracy amid growing market influence.
HafizThe prediction market is an open market where anyone who knows about future outcomes can contribute their knowledge in the form of bets.
JinseFinanceAs the expectations of $ETH ETF passing heat up, the market’s attention is gradually returning to the EVM ecosystem. As the largest prediction market on the chain, Polymarket has attracted much attention because of whether $ETH ETF can pass smoothly.
JinseFinanceJinseFinance“We don’t necessarily seek more power without more resources,” Dan Berkovitz said of the crypto market.
Cointelegraph