Prediction markets are experiencing rapid development in 2025, driven by three major trends: regulatory compliance, capital inflow, and socialization. Since Polymarket’s surge in popularity during the 2024 U.S. elections, this sector has captured the attention of both Web3 and traditional financial institutions, demonstrating more accurate forecasting capabilities than traditional polls. Key mechanisms include trading models (order book and AMM), contract design (binary, multi-outcome, and sc...
