Prediction Market Weekly Volume Hits $14.4B Record; Open Interest at $1.6B

According to a16z crypto data, prediction market weekly volume reached $14.4 billion last week, marking the third consecutive all-time high and surpassing the prior record of $10 billion set one week earlier. Open interest climbed to $1.6 billion, also a historic peak for the third straight week, indicating that new position openings are outpacing closures and risk exposure is expanding.
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