Prediction Markets Threaten Other Speculative Tools as Gen Z Drives Trading Surge; April Volume Hits $24 Billion

KALSHI21.86%
US50020-1.4%

According to Barclays analysts, prediction markets are emerging as a competitive threat to traditional speculative investment tools. In April, Kalshi and Polymarket combined achieved $24 billion in notional trading volume, up from $5 billion a year earlier, approaching the scale of leveraged exchange-traded products. The growth is driven primarily by younger generations, with nearly one-third of Gen Z and younger millennials either participating in or considering prediction markets and sports betting. However, prediction markets remain smaller than S&P 500 0DTE (zero days to expiration) options, which recorded $57 trillion in total trading volume in March 2026.

Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to Disclaimer.
Comment
0/400
No comments