Prediction Markets Hit Record $28.4 Billion in Monthly Volume in May

Forecast: World Cup Prediction Market Volume Could Hit $2.5 Billion in the US

The 2026 World Cup is projected to draw more than $2.5 billion in trading volume across US prediction markets, with Kalshi taking in an estimated $1.47 billion of it, according to DeFi Rate projections. As a global event that has historically drawn limited US interest, it arrives at the exact moment these markets have the scale and widespread US access to absorb it and a number of firsts that make this entirely possible.  The 2026 World Cup runs…

Prediction Markets Hit Record $28.4 Billion in Monthly Volume in May

Prediction markets reached a new monthly volume record of $28.4 billion in May according to data from Artemis. This number tops the previous high of $27.1 billion set in January this year and marks four consecutive months with higher volumes.  The streak itself says more than the headline number does. January’s spike fed off election-cycle leftovers and new year positioning. May, on the other hand, did not really have any equivalent catalyst and…