Kalshi and Polymarket has new contender in prediction markets

Kalshi and Polymarket have dominated the prediction market space this year. However, recent developments point to emerging ￰0￱ of them is Opinion Labs, a prediction platform that is allegedly backed by Yzi Labs, Binance’s investment ￰1￱ platform reportedly became the third prediction market to surpass $700 million in trading volume over a ￰2￱ watchers are now calling an arms race for supremacy, despite the head start that the duo of Kalshi and Polymarket currently ￰3￱ Labs became the only prediction market besides Kalshi and Polymarket to reach $700 million weekly in trading volume.