Prediction markets recorded over $12 billion in trading volume in January, setting an all-time high.
Among them, Kalshi, Polymarket, Opinion, and Probable all surpassed $1 billion in volume, demonstrating strong demand for platforms betting on event outcomes.
Meanwhile, this sector generated over $11 million in on-chain fees for the month. Opinion led with $6.14 million, followed by Polymarket with $2.62 million, reflecting increased activity levels and the actual revenue-generating potential of prediction market protocols.
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