Prediction markets go mainstream, but Polymarket active users fall from 750K to 283K
- —Polymarket monthly active users at 283,300, down from a spring peak above 750,000
- —Kalshi added 3 million new users during the 2026 World Cup; winner contract saw $1.2 billion in volume
- —3% of Polymarket accounts capture about 27% of profits, per analysis of $13.76 billion in volume
- —Share of crypto traders using prediction markets expected to rise from 22% to 27%, Langston says
Why it matters: Prediction markets are becoming a data source for Wall Street, but profit concentration and falling Polymarket activity raise questions about the model's durability.
Source: Blockmedia