Allium Reports US Traders Lead Offshore Prediction Market Volume Despite Geoblocking

According to blockchain analytics firm Allium's July 2, 2026 report, US-based traders represent the largest national cohort by notional trading volume on offshore crypto prediction platforms, despite active geoblocking measures designed to restrict their access. The analysis found the US cohort also leads by total wallet count on the offshore venue.

Allium also identified a distinct pattern in US trader preferences: wallets based in the US showed disproportionate interest in foreign conflict-related markets, particularly the Iran conflict, compared to election-related contracts available through regulated domestic channels such as Kalshi.