Tom Lee: Predictive market trading volume reaches $1.33 billion, 10 times that of the traditional betting market
According to Odaily, Tom Lee posted on X stating that the trading volume of prediction markets has surpassed that of traditional gambling markets. The trading volume for the Super Bowl in Las Vegas was $130 million, while the trading volume for prediction markets reached $1.33 billion, which is 10 times higher than the former.
The trading volume rankings for each platform are as follows:
1. Kalshi: $871 million
2. Polymarket: $312 million
3. Opinion Labs: $92 million
4. Predict.fun: $31 million
5. Novig: $19 million
6. SX Bet: $5 million
7. Overtime: $443,000
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Fourth attempt finally approved! Brookfield (BAM.US) acquires Australian pipeline products manufacturer RWC for $2.9 billion, a 32% premium
Brookfield Asset Management has agreed to acquire Reliance Worldwide Corp. in an all-cash deal, valuing the Australian plumbing products company at approximately 4.1 billion Australian dollars (about 2.9 billion US dollars).
Spot Gold Surpasses $4,300 per Ounce, Up 0.16% for the Day
Hyundai Mobis' Earnings Could Be Dragged Lower by Stronger Won -- Market Talk
Japan Capex Outlook Solid on AI Demand, Economic Policy Hopes -- Market Talk
Crypto prices
More
