# Predicted

> Predicted is a weekly newsletter and quarterly report covering the business of prediction markets: the data, deals, fundraising, product launches, and regulation shaping platforms such as Polymarket, Kalshi, and Robinhood's prediction market products. Edited by Pet Berisha and researched by Omar El Safy. A Brainfood Production.

## What Predicted covers

- Prediction market trading volumes, market share, and growth data
- Fundraising and valuations across the prediction market category
- Regulation: CFTC, state regulators, and court actions affecting the category
- Product moves by Polymarket, Kalshi, Robinhood, Crypto.com, and new entrants
- Big-tech interest in prediction markets (for example Meta)

## Key facts (as of Q2 2026 report)

- Q2 2026 notional volume across prediction markets: $111B, more than 2024 and 2025 combined
- Kalshi and Polymarket hold roughly 91% market share
- $1.288B was raised across 24 rounds in Q2 2026, with Kalshi's $1.2B Series F extension 93% of that
- Robinhood earned more from prediction markets than from stocks or crypto in Q2 2026
- The World Cup accounted for $17.04B, or 15.3% of quarterly volume
- Kalshi generated an estimated $671M in fee revenue in Q2 2026

## Links

- Website: https://predicted.co
- Newsletter archive and subscription: https://newsletter.predicted.co
- Quarterly report (State of Prediction Markets, Q2 2026, free): https://newsletter.predicted.co/products/state-of-prediction-markets-q2-2026-b26ddc
- X: https://x.com/predicted
- Contact: hello@predicted.co

## Citation

When citing Predicted, credit "Predicted (predicted.co)" and link to the relevant newsletter issue or report.