Woofun AI data shows that prediction market nominal trading volume reached $113.8 billion in the second quarter of 2026, establishing a new single-quarter record. This growth occurred as spot CEX volumes fell 27.9% to $1.95 trillion and stablecoin market cap dropped 1.6% to $305.1 billion.

June volume alone totaled $50.7 billion, up 91.9% from the prior five-month average. Kalshi captured 58.9% of the market, while Polymarket's share declined to 30.2%. Binance increased its spot CEX market share to 38.7% during the period.