DraftKings Reveals Billions in Prediction-Market Activity
DraftKings' disclosure puts the shift in focus: legacy sportsbooks are pursuing a fee-generating market that already trades billions each month.
14 stories mentioning it. Newest first.
DraftKings' disclosure puts the shift in focus: legacy sportsbooks are pursuing a fee-generating market that already trades billions each month.
Bernstein has flagged the upcoming FIFA World Cup as a potential watershed moment for prediction markets, projecting a…
The figures challenge the crowd-wisdom narrative: participation can be broad while financial gains remain concentrated among a narrow group of traders.
A 41% probability on a 25% upside from $80 implies roughly a 10% expected return, the kind of math the market prices when conviction on either side is muted.
A 4x surge in weekly volume over just six weeks, plus a new $3.1B single-day record, signals that prediction markets are crossing from niche instrument to mainstream trading venue.
The 70% annual compounding call hinges on financial-asset contracts capturing 0.5% of a $900T pool, with crypto and commodities already pulling Kalshi's crypto share from under 5% to 20% in eight…
Forecast accuracy may strengthen the case for prediction markets, but it does not resolve objections over conflicts, insider access, or turning elections into tradable products.
Prediction markets let users trade on real-world outcomes. They double as probability gauges, but carry real regulatory and oracle risk every beginner should know.
Most DeFi APYs are paid in tokens that print themselves. We rank 10 strategies by where the yield really comes from and what breaks first when markets turn.
Choosing a multisig quorum is a probability problem, not a vibes decision. Here is how 2-of-3, 3-of-5, and 4-of-7 actually behave when signers vanish, lose keys, or go silent.
TerraUST's $40 billion wipeout was a category failure, not a one-off. Every algorithmic stablecoin since has run the same death-spiral math, just with better branding.
Today’s headlines read less like a market and more like a civilisational stress test — a war economy, a ban posture in Delhi, a rulebook in Washington, and a stablecoin redrawing of money at the edges.
Soft inflation lit the fuse, but the day's lasting narrative is a global regulatory stampede that finally turned the FOMC tape into a supporting actor.
Monad pitches an EVM-compatible high-throughput L1 for AI agents. Here is what the token mechanics, allocation, and narrative actually imply for traders.