a16z crypto: Prediction market trading volume hits record highs for three consecutive weeks, weekly trading volume rises to $14.4 billion

CoinFeed June 27 news, a16z crypto published data showing that prediction market trading volume has set a new record for the third consecutive week, with 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 high of about $10 billion was just refreshed a week ago. In addition, open interest rose to $1.6 billion, a record high for the third consecutive week, indicating that the pace of new positions being built continues to outpace closing positions, and capital risk exposure is expanding. Among them, non-sports markets saw particularly significant growth, covering areas such as macroeconomics and breaking events, with combined trading volume on Kalshi and Polymarket reaching $3.6 billion last week, exceeding the total scale of all categories in the prediction market last year.