Prediction Markets Hit New Milestones in March Despite Growing Regulatory Scrutiny

Prediction markets achieved an all-time record in March 2026, with transactions surpassing 192 million, driven by accelerating year-over-year growth in volume and users. Monthly users hit a high of 865,411, an 118% increase from the previous year. Monthly notional trading volume reached approximately $23.89 billion, though this was slightly below January's peak. Key volume drivers across platforms like Polymarket and Kalshi include sports, crypto, politics, and exotics. Behavioral data suggests a structural shift, with the average active participant making about 25 trades daily, mirroring retail stock trading patterns rather than traditional betting. This significant growth occurs concurrently with heightened regulatory scrutiny, as lawmakers introduced several bills in March targeting issues like insider trading and banning war-related contracts.

(Source：BeInCrypto)