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CloudBank offical CloudBank offical @cloudbankcomofficial · 554 subscribers
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📊 Prediction Markets Are Reaching a Much Larger User Base

Recently, prediction markets have been attracting increasing attention from major trading platforms.

For example, Robinhood is further expanding its prediction market business and has entered into a multi-year partnership with Crypto.com’s OG.com, bringing more “Yes / No” event contracts to its trading platform. According to Robinhood’s official data, event contract trading volume on the platform reached 13.6 billion contracts in Q2 this year.

Meanwhile, Kalshi’s commodity prediction markets are also growing rapidly, with recent monthly trading volume exceeding $400 million, covering more markets such as energy and metals.

Why are more platforms paying attention to this space?

Because prediction markets are simple:

Ask a question about a future event.

Users express their view on the outcome through “Yes” or “No.”

In the past, we were used to trading:

Will BTC go up or down?
How much is a particular asset worth?

Prediction markets are taking this concept further:

Will something happen?
When will it happen?
What will the final outcome be?

This means markets are gradually expanding from “trading assets” to “trading views on the future.”

CloudBank is also continuing to explore prediction markets, creating more connections between real-world events, user opinions, and on-chain market mechanisms.

The markets of the future may not only trade assets, but also information and judgment.

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#CloudBank #COD #PredictionMarket #PredictFi #Web3 #DeFi #Crypto
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