FIFA

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Polymarket

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<p>Notional volume on prediction markets climbed sharply in the second quarter of 2026 and reached $113.8 billion, up 48.7% from the previous quarter.</p>
<p>CoinGecko found that the momentum accelerated in June, when monthly notional volume surged to a record $50.7 billion, which represented a 92% increase from the average monthly volume of $27.5 billion posted over the prior five months.</p>
<h2 id="sports-drive-june-surge">Sports Drive June Surge</h2>
<p>In its latest report, CoinGecko <a href="https://www.coingecko.com/research/publications/2026-q2-crypto-report" rel="noopener noreferrer nofollow">attributed</a> the spike to a packed calendar of major sporting events beginning in late May, such as the UEFA Champions League Final, Stanley Cup, NBA Finals, FIFA World Cup, and Wimbledon. The sports-driven activity was particularly evident on Polymarket, where sports-related contracts accounted for 81% of trading volume in June, as opposed to 40% in January.</p>
<p>Despite this increase in sports trading, Polymarket’s market share declined quarter-over-quarter from 35.8% to 30.2%. On the other hand, Kalshi has managed to expand its lead after increasing its share from 42.4% in the first quarter to almost 58.9% in the second.</p>
<p>Meanwhile, Rothera, the Robinhood/Susquehanna International Group joint venture launched in May, quickly climbed to fourth place in June with $2.1 billion in notional volume.</p>
<h2 id="wall-street-and-big-tech-into-the-race">Wall Street and Big Tech Into the Race</h2>
<p>Prediction markets gained momentum. Last month, Cboe Global Markets <a href="https://cryptopotato.com/cboe-launches-prediction-markets-with-sp-500-binary-contracts/" rel="noopener noreferrer nofollow">launched</a> Cboe Predicts, its new prediction markets platform featuring securities-based binary option contracts tied to the Mini-S&amp;P 500 Index. The contracts, trading under the symbols XSPBW and XSPBX, are already available through Interactive Brokers, while Charles Schwab is expected to add access in the coming months.</p>
<p>Cboe also said more brokerage firms are likely to support the products over time. The contracts allow traders to take a “yes” or “no” position on whether the Mini-S&amp;P 500 Index will settle at or above a specified level at expiration.</p>
<p>Additionally, the New York Times <a href="https://cryptopotato.com/meta-bets-on-prediction-markets-as-it-hunts-for-next-growth-engine-report/" rel="noopener noreferrer nofollow">reported</a> that Meta is developing a standalone prediction markets app called Arena, where users would predict real-world outcomes using points instead of real money. According to the report, the experimental project is a top priority for CEO Mark Zuckerberg and could eventually expand to real-money betting. The initiative follows Meta’s earlier Forecast app, a points-based prediction platform launched in 2020 during the COVID-19 pandemic before being discontinued in 2022.</p>
<p>The post <a href="https://cryptopotato.com/sports-events-push-prediction-market-trading-to-record-highs-in-june/" rel="noopener noreferrer nofollow">Sports Events Push Prediction Market Trading to Record Highs in June</a> appeared first on <a href="https://cryptopotato.com/" rel="noopener noreferrer nofollow">CryptoPotato</a>.</p>

Sports Events Push Prediction Market Trading to Record Highs in June

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