defioasis

Predict Fun transaction volume hits new high
On May 6, the total market transaction count reached nearly 18k
Among them, Bitcoin Up or Down, launched in early April, has become one of the most active trading markets

Since 2026, the predicted market Taker trading volume has maintained over $10 billion for four consecutive months.
From a market share perspective, competition and replacement among protocols remain a highlight in the rapidly growing track.
Kalshi and Polymarket both grew, but the former's growth rate is faster.
Kalshi continues to maintain a new high in monthly trading volume since September last year, increasing its market share from 29.4% in January to 47%, once again confirming the win-win value brought by a good distribution channel.
After the full fee implementation, Polymarket's

In the past week, what factors have driven the significant growth of Limitless platform data? 🧐
- Weekly trading volume exceeded $100 million
- Weekly fees reached $1.23 million, higher than Polymarket US
- Limitless's weekly fees account for over 13% of the on-chain prediction market market share
Limitless mainly focuses on quick and straightforward crypto price predictions and sporting events

Recently, several hot topics in Ethereum have focused on Uniswap v4 Hooks.
The number of Hooks deployed and linked to a Uniswap V4 liquidity pool has significantly increased over the past few weeks, with over 1,000 available Hooks in the past week alone, totaling more than 28k.
Additionally, since January of this year, the weekly trading volume of Hooked Pools has remained between 28k to 600 million USD.
It seems that the new developments in Hooks can no longer be ignored.

Hyperliquid HIP-4 Event Contract has officially launched
On its first trading day, HIP-4 event contracts had a nominal trading volume of 6.05 million contracts, accounting for approximately 0.7% of the prediction market that day
Compared to that,
- Kalshi reached 546 million contracts
- Polymarket reached 190 million contracts
- Limitless reached 68.26 million contracts
- Crypto.com reached 28.2 million contracts
- Opinion reached 25.72 million contracts
- Predict Fun reached 11.8 million contracts

Polymarket Builders set a new record with a nominal trading volume of $800 million in April, maintaining over 30% monthly growth for two consecutive months
The top 10 Builders by nominal trading volume all exceeded $20 million, specifically:
- betmoar $286m
- PolyCop $76.9M
- WagerUpPilot $67.5M
- XBIT COM $36.1M
- Polymtrade $35.1M
- PolyTraderPro $31.7M
- Chance $27.95M
- Kreo $25.5M
- Gate $24.3M
- Standtrade $21M

Polymarket's expenses in April reached $43.36 million, equivalent to an annualized cost of approximately $520 million
- Polymarket Global's monthly expenses reached $37.81 million
- Polymarket US's monthly expenses reached $5.55 million
Polymarket's two major markets account for over 97% of on-chain prediction market fees
It is worth noting that Limitless also hit a new all-time high, reaching $1.71 million
BSC prediction markets totaled over $800k in fees, including PancakeSwap Prediction at $367k, Predict Fun at $291k, and Opinion at $156k

Polymarket’s newly introduced collateral token, pUSD, has been launched.
pUSD is a Polygon ERC-20 Token backed 1:1 by USDC.
After connecting to Polymarket, users will be required to migrate their USDC.e balances to pUSD.
The migration is currently ongoing; 234 million pUSD have already been issued, with more than 210,000 holding addresses.
Once most users have completed the migration, the total amount of pUSD plus the amount held should be considered as Polymarket users’ total assets on deposit.

As the World Cup approaches, the prediction market centered around sports, Kalshi, has increased its holdings to approximately $650 million.
In the prediction market holdings, Kalshi accounts for slightly over 50% of the market share.
Polymarket follows closely with over $500 million in holdings.
Kalshi and Polymarket are far ahead of other challengers.
Predict Fun is the only market with holdings in the tens of millions of dollars, while other markets only have holdings in the hundreds of thousands or a few million dollars.

Polymarket (Global + US) this month’s monthly expenses have exceeded $40 million
Of this, Polymarket (non-US) expenses exceed $35 million, and Polymarket US exceeds $5 million

Polymarket Builders' weekly trading volume first surpasses $200 million
Over $5 million in trading volume includes:
- betmoar $70.8m
- XBIT com $30.5m
- PolyCop $14.6m
- WagerUpPilot $11.3m
- Chance $9.76m
- Polymtrade $9.5m
- Kreo $6m
- Bullpen $5.36m
- Gate $5.2m
It is worth mentioning that betomar became the first Polymarket Builder to surpass a total trading volume of $1 billion after joining Builder Codes.

Polymarket Team Reiterates Chain Swap
In the past few weeks, Polymarket has contributed $2.5 million to $4 million in weekly network transaction fees on Polygon
On its own, Polymarket accounts for 50% to 70% of the transaction fee revenue for the Polygon network
Among the top five gas-consuming contracts on Polygon, Polymarket consistently occupies three, namely Fee Module, Neg Risk Fee Module, and Relay Hub

Memes don’t lack new narratives and new stages—the old makes way for the new.
After the v2 launch last week, Printr’s daily token creation count and trading volume both hit new peaks.
In the past two days, Printr’s token creations have exceeded 1,380 per day, with an average of more than 30 tokens graduating each day, accounting for over 10% of the market share on Solana Launchpad.
At the same time, Pritr’s daily trading volume surpassed $30 million, setting a new high.

The crypto market contributes 25% - 35% of the weekly trading volume for Polymarket.
Since the quick and short 5-minute markets were launched in early February, they now account for 13% - 18% of Polymarket's weekly trading volume;
the number of daily trading addresses exceeds 30k, with a very high degree of automation and bot activity.
It's not hard to understand why both Polymarket and Kalshi are entering the space to offer crypto perpetual contracts.

Although no one wants to see safety incidents, the real winner in this wave of DeFi is indeed Spark.
Aave has experienced a net outflow of $10 billion in the past few days.
Sparklend has had a net inflow of $1.4 billion over the past two days, meaning approximately 14% of the funds flowing out of Aave have moved into Spark.
In January of this year, Spark delisted rsETH and some low-liquidity assets.
Although these actions caused some loss of revenue during safer days prior to this wave, everyone may now have new thoughts on DeFi lending safety.

Polymarket Builders’ daily trading volume first surpasses $40 million
The only two with daily trading volume exceeding $5 million are XBIT and betmoar
Among them, XBIT’s trading volume reached $17 million, and to my impression, this is the first time a Builder’s daily trading volume has exceeded betmoar
However, XBIT’s $17 million daily trading volume was generated by only 28 traders, with an average of over $600k in trading volume per person…

Polymarket (Global + US) spent $10.72 million in the past week, marking two consecutive weeks with expenses exceeding $10 million.
Based on this weekly figure annualized, Polymarket's annualized expenses are approximately $560 million.
Additionally, although only two-thirds of the month has passed, Polymarket (Global + US)'s monthly expenses have already surpassed $30 million for the first time.

Kelp DAO theft has caused a significant impact on on-chain DeFi
Aave recorded its third-highest single-day net outflow in history, with over $5 billion flowing out on the Ethereum mainnet

Crypto Trading on Polymarket
Breaking down by trading volume, Non-Crypto event trades account for up to 75% of Polymarket's weekly trading volume.
Among the remaining 25% of Crypto event trades, 5-minute markets make up half of that; in terms of total volume, 5-minute markets account for 13%-18% of Polymarket's weekly trading volume.
For new prediction markets, quick and straightforward Crypto events are always the best entry point.

Predict Fun has recently experienced a significant increase in trading volume.
Over the past two days, the trading volume has remained around 50 million USD (nominal trading volume approximately 110 million USD), significantly higher than the previous daily average.
The number of new trading addresses has seen a new surge starting in mid-April, with about 400-500 new addresses per day.
Considering the previous abnormal single-day spikes, trading volume, and new addresses, is someone adding fuel to the fire?