Prediction markets just hit a new ATH.

June notional volume reached $52.8B, almost 92% higher than the previous 5-month average of $27.5B.
Q2 volume also climbed to $113.8B, up 48.7% QoQ.
But there is one important detail:
- 81% of @Polymarket’s June volume came from sports
- @Kalshi expanded its Q2 market share to 58.9%
- Polymarket fell from 35.8% to 30.2%
- @RotheraMarkets reached $2.1B only one month after launch
The World Cup is now over.
The next few months will show whether prediction markets can sustain this growth, or whether June was mostly an event-driven spike
Data @coingecko