Prediction Market Open Interest Hits Record $1.48 Billion for 2nd Straight Week
Updated
Updated · Coinfomania · Jun 20
Prediction Market Open Interest Hits Record $1.48 Billion for 2nd Straight Week
3 articles · Updated · Coinfomania · Jun 20
Summary
$1.48 billion in open interest was outstanding in prediction markets for the week ended June 15, marking a second consecutive weekly record flagged by a16z crypto.
That total measures active, unclosed contracts rather than daily trading volume, pointing to deeper trader participation and stronger derivatives-market engagement.
a16z crypto said the buildup could precede sharper volatility, with traders urged to watch funding rates, liquidation risks and broader sentiment shifts across crypto markets.