World Cup Prediction Markets Hit $20B as NFT Trading Reached $24M
Chainalysis said more than 400,000 wallets joined the markets, while World Cup-related trading made up 63% of prediction market activity.
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8 Articles
Will Ronaldo Cry? World Cup Fans Bet Billions Through Prediction Markets
Cristiano Ronaldo during Portugal’s losing game against Spain earlier this month. Source: Imagn Images via Reuters Connect Football fans wagered more than US $14 billion on the FIFA World Cup through prediction markets Polymarket and Kalshi, a Bellingcat analysis has found. On the crypto-based Polymarket, which provides more information about individual trading accounts than its rival American site Kalshi, we also found that just 1% of users col…
Kalshi, Polymarket Hit $54B Sports Volume in World Cup
How Much Betting Activity Did The World Cup Generate? The 2026 FIFA World Cup generated more than $20 billion in onchain prediction market volume, showing how major sporting events are becoming a central source of activity for crypto-based wagering platforms. Traders placed hundreds of millions of dollars in bets each day during the month-long tournament, covering match results, individual player performances and the eventual winner of the World…
The predictive markets set a new monthly record in July, driven by World Cup elimination parties, while Kalshi concentrated about 70% of the volume and transactions. *** The total volume reached USD 55.5 billion, compared to USD 52.8 billion in June. Kalshi recorded USD 38.6 billion and 272.3 million transactions, close to 70% of the total. The post-final weekly decline will determine whether the sector retained users or only experienced a tempo…
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