Reports / February 2025
Monthly report
February 2025: $1.72B traded on prediction markets
Notional volume across 3 exchanges was $1.72B, −39% from January. Polymarket led with a 89.1% share. The busiest day was Wed Feb 12, 2025, at $113M.
Exchanges
Ranked by the month's volume.
| # | Exchange | Volume | Share | vs prior month |
|---|---|---|---|---|
| 1 | Polymarket | $1.53B | 89.1% | −42% |
| 2 | Kalshi | $187M | 10.9% | +6.6% |
| 3 | ForecastEx | $217K | <0.1% | −60% |
What traded
At exchanges that publish a split.
Daily average: $61.3M over 28 days
Busiest days
- Wed Feb 12, 2025: $113M
- Thu Feb 13, 2025: $103M
- Mon Feb 17, 2025: $97.6M
- Sun Feb 9, 2025: $74.4M
- Tue Feb 18, 2025: $73.8M
February 2025: questions
How much volume did prediction markets trade in February 2025?
$1.72B in notional volume across 3 exchanges, down 39% from January. That is $61.3M a day on average.
Which prediction market had the most volume in February 2025?
Polymarket. The top three were Polymarket ($1.53B, 89.1%), Kalshi ($187M, 10.9%), ForecastEx ($217K, <0.1%).
How much prediction market volume was sports in February 2025?
20% at the exchanges that publish a split, including 0% in combos (parlays). Non-sports markets were 80%.
Notional volume: contracts traded × each contract's payout, from each exchange's own daily report. Download every day as CSV · Methods · All reports