Data: Prediction Market Trading Volume Hits Record $123B in October, Up 57.5% MoM

November 6: Data released by CryptoRank shows that prediction market trading volume reached $123 billion in October, a new all-time single-month high, up 57.5% month-over-month and more than double the level in August. Among this, sports markets recorded $26 billion in trading volume, crypto markets about $14 billion, and political markets more than $800 million, up 43% month-over-month, mainly driven by the US midterm elections on November 3.