The total value locked (TVL) across crypto-focused prediction markets hit a new high this week, reaching above $550 million, according to data from DefiLlama. The latest milestone surpasses the sector’s previous all-time high, which was driven by on-chain prediction marketplace Polymarket and set during the 2024 U.S. presidential elections.
Polymarket remained the largest platform by TVL, with about $330 million at press time, followed by OPINION with roughly $155 million, and Predict Fun at $21.7 million, the data shows.
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