Messari: Prediction markets are still close to a real explosion.

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Original author: Dylan Bane, Messari Analyst

Original compilation: Deep Tide TechFlow The

application of prediction

markets has gone beyond the field of elections, demonstrating market fit (PMF).

Betting volume is surging, investors are flocking to it, and new methods from information perpetual contracts (information perps) to Telegram bots are entering the market.

So, what exactly works and maximizes trading volume growth?

– >

the 2024 election saw Polymarket's trading volume soar from $62 million in May to $2.1 billion in October, a 3,268% increase.

Mainstream media outlets such as CNN and Bloomberg cited Polymarket's odds in their live broadcasts, which were presented alongside traditional poll data.

In fact, prediction markets ultimately beat polls in predicting election outcomes.

– After the >

elections, the prediction market saw...

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