REP

Prediction markets have surged since late 2024, fueled by their accuracy in forecasting events like the U.S. presidential election, where platforms like Polymarket and Kalshi saw billions in trading volume. Regulatory wins, including Kalshi’s 2024 court victory and the CFTC’s 2025 appeal dismissal, opened the door for mainstream adoption, with markets expanding into sports and geopolitics. The industry is projected to grow from $1.5 billion in 2024 to $95.5 billion by 2035. Venture capital has poured in, with $216 million raised in 2025, including Polymarket’s $200 million and Kalshi’s $185 million rounds, backed by funds like Founders Fund and Paradigm. This capital boosts platform development and liquidity, cementing prediction markets as a key blockchain use case. Augur, the 2018 decentralized pioneer, benefits from this momentum, with its REP token gaining traction for staking and governance in an evolving, hybrid market landscape.

Not financial advice. Used for study.