Prediction Markets See 20% Dip After World Cup Frenzy

Prediction markets Kalshi and Polymarket are experiencing a sharp decline in activity following the conclusion of the World Cup. Open interest across both platforms dropped by 20 percent as the excitement surrounding the tournament faded.

The massive interest in soccer served as a primary driver for these platforms recently. Data shows that sports betting accounted for 80 percent of total volume on both exchanges throughout the weeks of play.

Now that the major event is over, these platforms face the challenge of maintaining their user base. Traders are watching to see if these sites can shift their momentum toward political or financial events to keep the current activity levels steady.