DWF Labs (@DWFLabs): Prediction markets are thriving commercially, with @Kalshi recently hitting $9B in weekly notional volume, and @Polymarket hitting $3B.
Estimated coin impact
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Prediction markets are thriving commercially, with @Kalshi recently hitting $9B in weekly notional volume, and @Polymarket hitting $3B. However, the composition of that volume is different from the 2024 election period, when prediction markets first grew in popularity. 👉 Average bet sizes are down 85%+ 👉 Percentage of profitable traders dropped from 30% to 16% 👉 Sports bets have increased significantly in volume @DWFVentures explores the shift in prediction markets, and whether they are drifting from their original use as forecasting tools 👇 If you're building and looking for support, reach out to the DWF Ventures team here: https://dwf-labs.com/ventures