a16z: Predicts that market trading volume has set a record for three consecutive weeks, with weekly trading volume rising to 14.4 billion dollars
a16z crypto released data showing that the trading volume of prediction markets has set a historical high for the third consecutive week, with the total market trading volume reaching $14.4 billion for the first time last week, a significant increase from about $5-6 billion at the beginning of the year, while the previous historical high of about $10 billion was only refreshed a week ago.
In addition, the open interest rose to $1.6 billion, setting a historical high for the third consecutive week, indicating that the speed of new positions being opened continues to outpace the pace of positions being closed, leading to an expanding capital risk exposure. Among them, the growth in non-sports markets is particularly significant, covering areas such as macroeconomics and emergencies, with a total trading volume of $3.6 billion last week on Kalshi and Polymarket, surpassing the total scale of all categories in the prediction market last year.
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