PREDICTED

The business of prediction markets.

Quarterly reports
State of Prediction Markets, Q2 2026 report cover: illustrated hands reaching up towards a glowing orb

The quarter prediction markets traded $111 billion.

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Recent issues.

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It's a Longshot08 OCT 2026It's a LongshotTwo in three contracts traded on Kalshi now involve a longshot, Bloomberg found. Novig Rumoured To Be Raising At $2 Billion05 OCT 2026Novig Rumoured To Be Raising At $2 BillionNews Roundup: Novig rumoured to be raising at up to $2 billion, Kalshi's rivals gain ground as Kalshi near a $40 billion raise, Robinhood and Cboe bring earnings contractsIs Kalshi's Volume Real?01 OCT 2026Is Kalshi's Volume Real?Kalshi's perps volume comes under scrutiny. So how much of the volume is real?

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Weekly Newsletters on the Business of Prediction Markets.

About.

Predicted is a newsletter and quarterly report covering the business of prediction markets. Edited by Pet Berisha and researched by Omar El Safy.

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