Prediction Markets Hit Record $113.8B Volume in Q2 2026 Amid Broader Crypto Downturn

KALSHI-9.87%
According to CoinGecko's Q2 2026 Crypto Industry Report published Thursday, prediction markets defied the broader downturn to reach record highs with $113.8 billion in notional volume. Spot trading volume across the top 10 centralized exchanges fell 27.9% to $1.95 trillion, while perpetual futures declined 10% to $12.7 trillion. Prediction market activity peaked in June during the FIFA World Cup, with monthly volume reaching $50.7 billion. Kalshi maintained market leadership with 58.9% share, while Polymarket declined from 35.8% to 30.2%. Polymarket's World Cup markets alone attracted over $3.3 billion in trading volume.
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