The number of transactions on prediction markets exceeded 192 million in March 2026. This is a new record as both volume and number of users continue to increase each year.
These figures, collected by Dune, show that the sector has transitioned from being somewhat niche to becoming a large financial market worth several billion USD.
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The number of users each month reached a new peak of 865 411, which is about 118% more than 396 642 in March 2025.
The trading volume for prediction markets in March has been approximately $23.89 billion so far. That's about 1,107% higher than last year. However, it is still about 10.7% lower than the record from January of $26.7 billion.
BeInCrypto's own analysis shows that sports, crypto, and politics lead the weekly volume on Polymarket. In Kalshi, the category of exotic contracts surpassed politics at the end of February and became a top three category according to Dune's data.
Behavioral data also shows a change in structure. On Polymarket, over 57% of users trade with less than $100 per position.
The average active participant makes about 25 trades per day. This pattern resembles retail stock trading rather than traditional betting.
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Despite the growth, prediction markets are facing stricter regulations. Politicians have introduced several bills just in March, ranging from limiting insider trading to banning war-related contracts.