Catenaa, Monday, January 26, 2026-Prediction markets reached an all-time daily high of $814 million in trading volume on Sunday, positioning the sector to break its monthly record, according to Dune Analytics.
Total volume in January has already reached roughly $10.5 billion, with more than 11 days remaining, approaching December’s $11.5 billion total.
Kalshi led the sector, posting more than $535 million in daily trading, while Polymarket recorded about $127 million. Opinion, backed by Binance founder Changpeng Zhao’s YZi Labs, posted roughly $84 million, gaining market share from Polymarket.
Fee revenue also hit a record, exceeding $2.7 million last week. Opinion accounted for 54% of fees, while Polymarket generated roughly $787,000 from short-dated 15-minute markets.
The surge pushed prediction markets’ share of overall spot crypto trading above 1% for the first time. Analysts attribute growth to rising mainstream visibility, platform competition, and experimentation with new market designs.
Liquidity constraints remain a challenge despite increasing attention from retail traders and crypto developers.
Interest is also spreading beyond dedicated platforms. Coinbase is expanding access to event-based contracts, and banks including Goldman Sachs are exploring the sector amid evolving U.S. regulation.
The sustained growth marks the sixth consecutive month of rising activity, signaling a maturing phase for prediction markets as they capture more capital and trading attention across the crypto ecosystem.
