Six months ago, prediction markets barely registered as a blip on the crypto trading radar, accounting for roughly 1% of centralized spot exchange volume. That number has now climbed to nearly 5%.
To put that in perspective: prediction market monthly volumes hit $25.7 billion in March 2026, a 10.6% jump from February. A year earlier, monthly volumes hovered around $1.2 billion. That’s more than a 20-fold increase in under 12 months.
From novelty to real volume
Monthly prediction market volumes scaled from $1.2 billion in early 2025 to north of $20 billion by January 2026. By March 2026, the figure had ballooned to $25.7 billion.
Meanwhile, centralized crypto spot volumes have held relatively steady in the $1 to $2 trillion-plus monthly range.
