The internet runs on opinions.
Prediction markets run on priced beliefs.
A prediction market lets people trade on future outcomes. Each price reflects how likely the market thinks something is to happen backed by capital, not vibes.
On X, confidence is free.
In prediction markets, conviction has a cost.
As Vitalik Buterin says, they’re truth seeking systems:
> be right, you earn
> be wrong, you pay
They’re still risky and not always right but they make being wrong expensive.
That’s why platforms like Polymarket, Kalshi, Limitless, Space and Opinion are growing fast.
The data tells the story:
• Between 2024 and now, prediction market TVL has grown from ~$30M to $470M+
• 7 day revenue across prediction markets is above $1.7M
• Polymarket has 200k+ active monthly traders
• 30 day volume exceeds $10B, with Kalshi alone doing ~$5.7B
Different products. Same idea: truth with skin in the game.