POPA ReconPrediction markets report
Prediction markets report The sector exploded in Q1 2026 alone, generating more trading volume than all of 2025 combined. Kalshi and Polymarket captured 92% of total volume, but new players (Opinion Labs, Predict Fun, Try Limitless) started chipping away. Platforms specialized by category with Kalshi dominated sports (and parlays), while others balanced across crypto, macro, and more diversified on-chain markets New verticals like culture and weather markets gained traction alongside crypto binary bets. It was the “Revenue Quarter” (Kalshi led fees; Polymarket turned fees on for the first ti…
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