DeFi

Decentralized Finance news and protocols

FiscalNote Bets on Political Prediction Markets as New Frontier for Policy Intelligence

FiscalNote Bets on Political Prediction Markets as New Frontier for Policy Intelligence

The publicly traded policy intelligence platform formalized its political prediction markets ambitions in a Feb. 20 SEC...

By Alex Smith 1 month ago 8 min read
Opinion Hits $8B in Monthly Prediction Market Volume — But the Data Raises Questions

Opinion Hits $8B in Monthly Prediction Market Volume — But the Data Raises Questions

Opinion onchain prediction exchange hit $8.08B in January volume for 31% market share. But 13–25x larger trades, sharp u...

By Alex Smith 1 month ago 16 min read
Federal Reserve Study Finds Kalshi Markets Rival Traditional Economic Forecast Tools

Federal Reserve Study Finds Kalshi Markets Rival Traditional Economic Forecast Tools

Fed economists find Kalshi’s macro markets to be helpful complementary real-time forecasting tools, as CEPR research hig...

By Alex Smith 1 month ago 7 min read
Novig Raises $75M, Positions CFTC-Regulated Exchange as Future of Sports Betting

Novig Raises $75M, Positions CFTC-Regulated Exchange as Future of Sports Betting

Pantera-led funding round values company at $500 million as Novig pivots from sweepstakes sports betting exchange model...

By Alex Smith 1 month ago 6 min read
Prediction Markets Cool to $5.3B After Super Bowl Surge as 6-Month Growth Hits 13x

Prediction Markets Cool to $5.3B After Super Bowl Surge as 6-Month Growth Hits 13x

Weekly volume fell 14.8% to $5.3B after Super Bowl Sunday’s $1.34B spike, yet industry volume has grown 13x in six month...

By Alex Smith 1 month ago 12 min read
$1.63B in Super Bowl Prediction Market Volume, $304M on Culture: Full Data Breakdown

$1.63B in Super Bowl Prediction Market Volume, $304M on Culture: Full Data Breakdown

We tracked $1.63B in Super Bowl prediction market volume across 68+ markets and 37 mention strikes. Our data shows $304M...

By Alex Smith 2 months ago 12 min read
DraftKings Stock Drops 15% on Earnings Miss, Doubles Down on Prediction Markets

DraftKings Stock Drops 15% on Earnings Miss, Doubles Down on Prediction Markets

In Q4 2025 earnings call, DraftKings CEO confirmed plans to invest heavily in new prediction markets product, Railbird r...

By Alex Smith 2 months ago 8 min read
Rebuilding sUSD

Rebuilding sUSD

A new path for Synthetix's stablecoinsUSD is the synthetic asset that powers trading, liquidity in the Synthetix ec...

By Alex Smith 2 months ago 6 min read
Polymarket and Kaito Roll Out Attention Markets for ‘Mindshare’ Trading: What It Means

Polymarket and Kaito Roll Out Attention Markets for ‘Mindshare’ Trading: What It Means

Polymarket has two live attention markets on where public sentiment or "mindshare" is moving, with resolution based on K...

By Alex Smith 2 months ago 5 min read
Super Bowl Fuels Kalshi to Record $2.8B Week as Prediction Markets Hold Near $6.3B

Super Bowl Fuels Kalshi to Record $2.8B Week as Prediction Markets Hold Near $6.3B

Kalshi hit a record $2.80B week with the Super Bowl surge as Polymarket slipped to $1.92B; Weekly transactions jumped 21...

By Alex Smith 2 months ago 7 min read
Kalshi Experiences Significant Point of Failure During Super Bowl

Kalshi Experiences Significant Point of Failure During Super Bowl

Kalshi’s payment infrastructure became a significant point of failure tonight under what can only be an obscene am...

By Alex Smith 2 months ago 3 min read
How to Bet on Super Bowl LX in California: Best Prediction Market Apps Compared

How to Bet on Super Bowl LX in California: Best Prediction Market Apps Compared

California has no legal sports betting, but 12+ prediction market apps offer legal Super Bowl trading on Seahawks vs. Pa...

By Alex Smith 2 months ago 15 min read