The post Prediction Markets Drive DEX Activity to Record High appeared on BitcoinEthereumNews.com.

Blockchain Weekly activity across spot decentralized exchanges has reached a historic peak, with 38.1 million transactions recorded over the past seven days. Key Takeaways Weekly DEX transactions hit a record 38.1 million, driven largely by prediction markets. Polymarket led activity, slightly ahead of Kalshi. Volumes have surged more than 130x since 2024. POLY token and major airdrop officially confirmed. A dedicated blockchain launch is increasingly expected. More than half of that traffic came from prediction markets, underscoring how event-based trading has become one of the fastest-growing corners of crypto. At the center of the surge is Polymarket, which logged 19.6 million weekly transactions by mid-February 2026, edging ahead of rival Kalshi at 17.4 million. The milestone highlights an intensifying battle between the two largest names in the prediction economy. Record-Breaking Week for Prediction Markets Transaction growth has accelerated sharply. Combined activity across leading platforms helped push weekly DEX transactions to an all-time high of 38.1 million, signaling that event-driven speculation is now a dominant on-chain force rather than a niche segment. Since early 2024, trading volumes across major prediction markets have expanded more than 130-fold, surpassing $13 billion as markets broadened from political elections into sports, macroeconomic policy decisions, and major global events. In November 2025 alone, the sector recorded nearly $10 billion in monthly turnover – at the time its strongest performance on record. Institutional Capital Fuels the Battle Capital inflows have mirrored user growth. Polymarket secured backing from the Intercontinental Exchange at a $9 billion valuation in late 2025, while Kalshi closed a $1 billion Series E round that lifted its valuation to $11 billion. The scale of these investments signals rising institutional confidence in event-based financial markets. Polymarket re-entered the U.S. market in November 2025 after acquiring QCEX, a CFTC-regulated derivatives exchange, giving it the federal framework…

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Filed under: News - @ February 22, 2026 1:17 pm