The popularity of prediction markets continues to rise, and users now have several options available when it comes to Sports Prediction Markets. With these online platforms, users from all over the world have the ability to legally trade on a wide range of events included in sports category.
Web3 sports prediction markets saw continued momentum into the new year, with several platform launches, volume highlights, and regulatory notes. Here's a selection of notable data points and stats based on recent activity:
Trading Volume Growth: Prediction markets overall (including sports categories) generated over $27.9 billion in trading volume throughout 2026, with expectations for even higher figures in 2026. Last week's activity contributed to this trend, particularly in decentralized platforms.
Regulatory Development : On Jan 3, Massachusetts requested a judge to block Kalshi from operating its sports-prediction market, underscoring ongoing scrutiny of prediction platforms amid their expansion into sports betting.
Broader Market Surge: Leading up to last week, prediction markets hit $4.51 billion in notional volume for the prior week (ending ~Dec 28), up 12.2%, with platforms like Kalshi ($1.71B, +27%) dominating sports and events—indicating sustained weekly growth into early 2026.
While sports prediction market kept hitting new ATH, it was a monumental start for our home grown product Pred , a peer to peer sports prediction exchange built on base. Below is the snapshot of competions Week 1
| Sr.No | Market Type | In Numbers |
|---|---|---|
| 1 | Total Trades | 14,592 |
| 2 | Trade Volume | $116.15M |
| 3 | Total users in competition | 2910 |
| 4 | Total users who made a trade | 2453 |
| 5 | Total positions created | 5108 |
| 6 | Total positions closed by redemption | 3788 |
| 7 | Total profitable positions | 1865 |
| 8 | Total cash inflow into positions | $60.3M |
| 9 | Total redeemed value (after resolution) | $55.85M |