Prediction markets defy crypto downturn with record Q2 volume: CoinGecko
CoinTelegraph·
60-second summary
Prediction markets are defying the current crypto downturn, reaching a record $113.8 billion in notional volume for Q2, according to CoinGecko. This significant increase contrasts with declines in spot CEX trading, derivatives volume, and stablecoin market cap. The resilience of prediction markets suggests a growing interest in decentralized forecasting and wagering, potentially paving the way for increased adoption and innovation.
Prediction markets reached a record $113.8 billion in notional volume in Q2 as spot CEX trading, derivatives volume and stablecoin market cap declined.