Hitting a new all-time high, prediction market October trading volume reaches $123 billion

Odaily reports: Data shows that prediction market trading volume reached $123 billion in October, setting a new all-time monthly high, up 57.5% month-over-month and more than double August's figure. Among this, sports markets recorded $26 billion in trading volume, crypto markets about $14 billion, and political markets over $800 million, up 43% month-over-month, mainly driven by the U.S. midterm elections on November 3.