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Forecast market heats up: TVL reaches a new high of $550 million, and Polymarket's monthly revenue surpasses $550,000 after fees
【CoinPush】The crypto prediction market is experiencing a peak in growth. According to the latest data, the total locked value (TVL) of prediction markets across the entire network has surpassed $550 million this week, setting a new all-time high—this achievement has already exceeded the previous record set during the 2024 US election period.
From the platform landscape, Polymarket remains the leading player with approximately $330 million in TVL, but the rapid growth of OPINION ($155 million) and Predict Fun ($21.7 million) cannot be ignored. Interestingly, the trading volume rankings show a different list. Kalshi, primarily operating off-chain, topped the chart with a weekly trading volume of $2.2 billion, with a record single-day trading volume reaching $535.5 million on January 18. In comparison, Polymarket’s weekly trading volume is about $786 million, ranking third.
There are new developments in monetization. Polymarket, which has been operating for free for a long time, has recently started charging maker fees on some markets. This shift has shown significant results—on January 12, the daily revenue hit a record of $109,300. Although it later fell below $75,000, Polymarket’s total revenue over the past 7 days is approximately $550,000, second only to OPINION’s $1.5 million, indicating a market willingness to pay for services.
Looking ahead, Kalshi has made bold predictions: by 2025, fee revenue could exceed $263 million, with sports markets becoming the main source of income. The commercial prospects of prediction markets are gradually being validated.