Navigating the next frontier

Building context for prediction markets

A layer unifying data, media and research to provide deep insights.

Traded on US prediction markets

$390.9B

Notional volume across the 11 US venues we measure ourselves, from each venue’s first day in our records to 22 Oct 2026. Source: The Prediction warehouse.

Tracking 100+ companies

  • Kalshi
  • Polymarket
  • Robinhood
  • Coinbase
  • DraftKings
  • FanDuel
  • Fanatics
  • Underdog
  • CME Group
  • Cboe
  • Novig
  • ForecastEx
  • Rothera
  • Kraken
  • Crypto.com
  • Gemini

One data layer for a fragmented market

Prediction markets trade on dozens of venues, settle through 13 clearing houses and a web of smart contracts, and report volume in units that don’t match. The Prediction maps them all, measures them on one basis and shows where every number comes from.

Offchain
11 venues
  • KalshiCFTC DCM+DCO
  • Polymarket USCFTC DCM
  • DKeXCFTC DCM
  • NovigNot CFTC-cleared
  • CDNACFTC DCM+DCO
  • UnderdogCFTC DCM

and 5 more
regulated exchanges and sports exchanges, read from each venue's own data

Onchain
18 venues
  • PolymarketPolygon
  • TotalisSolana
  • LimitlessBase
  • Myriad MarketsAbstract, Linea, BNB
  • OpinionBNB Chain
  • Predict.funBlast / BNB

and 12 more
settling on 14 chains, tracked in our venue register; our own onchain collectors come next

Funding rounds
179
rounds and acquisitions, $7.8B disclosed capital
  • Furnace$3.5M
  • functionSPACE$1.7M
  • OG.comStrategic equity stake
Investors
406
funds and angels, linked to every round
  • Coinbase Ventures11 rounds
  • Y Combinator8 rounds
  • Animoca Brands7 rounds
News
2,941
stories captured by our news agent
  • gamblinginsider.com115 stories
  • news.bitcoin.com110 stories
  • Sports Illustrated85 stories
Newsletters & video
21
newsletters, podcasts and video channels we follow
  • Newsletters6
    Predicted, The PM Pulse, Event Horizon, UFO Holdings, The Oracle, Manifold Markets
  • Podcasts8
    a16z crypto (web3 with a16z), The Event Horizon, Bankless, The Oracle by Polymarket, Predictive Programming, Prediction Market News, Prediction Markets Report, Crowd Money Cast
  • Video8 videos
    Robinhood, Center for Study of Public Choice, CNBC Television, Tokenized, Odds on Open, Predict Time, Three Markets
The Prediction
One data layer
  • Volume
  • Open interest
  • Fee estimates
  • Funding rounds
  • Clearing map
  • Frameworks
  • Charts and dashboards
Measured venues30 days to 22 Oct 2026
Kalshi
CFTC DCM+DCO
$81.8B
Polymarket US
CFTC DCM
$12.7B
DKeX
CFTC DCM
$3.3B
Novig
Not CFTC-cleared
$2.6B
CDNA (Nadex)
CFTC DCM+DCO
$2.1B
Underdog (UDX)
CFTC DCM
$1.4B
Basis: notional. Source: The Prediction warehouse

Every venue, one data layer

Volume for the venues we measure ourselves, pulled daily from each venue's own endpoint and stored in our warehouse. Notional throughout, so the rows add up.

Latest rounds179 logged
Furnace
Seed, 13 Oct 2026
$3.5M
functionSPACE
Pre-Seed, 24 Sept 2026
$1.7M
OG.com
Strategic equity stake, 8 Sept 2026
—
Oddpool
M&A, 3 Sept 2026
—
ParlayX
Pre-Seed, 3 Sept 2026
$1.3M
Source: cited per round. Undisclosed amounts show as —

Follow the money

179 funding rounds and acquisitions logged, each with its source and a confidence grade. $7.8B in disclosed capital so far.

Venue → clearing house11 venues
Kalshi
CFTC DCM+DCO
KalshiKlear
Polymarket US
CFTC DCM
QC Clearing
DKeX
CFTC DCM
DraftKings clearing
Novig
Not CFTC-cleared
—
CDNA (Nadex)
CFTC DCM+DCO
CDNA (itself — it is the DCO)
Underdog (UDX)
CFTC DCM
UDX (formerly Aristotle)
Source: The Prediction venue map. Undisclosed shows as —

Who clears for whom

The app you trade on is rarely the exchange, and the exchange is not always the clearing house. We map every layer, so you can see who actually holds the risk.

Most tradedLive
Will the U.S. invade Iran before 2027?
Polymarket
17%
Will China invade Taiwan by end of 2026?
Polymarket
2%
Will Luiz Inácio Lula da Silva win the 2026 Brazilian presidential election?
Polymarket
24%
Putin out as President of Russia by December 31, 2026?
Polymarket
2%
Will Flávio Bolsonaro win the 2026 Brazilian presidential election?
Polymarket
77%
Source: venue APIs. YES probability, refreshed hourly

Live markets, across venues

The contracts that have traded the most, from Kalshi and Polymarket side by side, refreshed hourly.

Search⌘K
kalshi
Venues
Kalshi
Kalshi Klear
Funding rounds
Kalshi — Series F
2026-05-07, $1.0B
Kalshi — Series E
2025-12-02, $1.0B
Pages
Combos
Data, Parlays on every venue that lists them, and what they cost on Kalshi
Source: The Prediction search index, rebuilt with every deploy

Search for what you need

Press ⌘K (Ctrl+K on Windows) on any page. One search box across 318 venues, 406 investors, 44 chains, 220 people, every funding round and every page on the site. Pick a result and you are on its page.

Every name is connected

Behind every page sits one map of who founded what, who funded whom, who trades what and who is exposed to whom: 3,418 companies, funds, people, rounds and chains, joined by 4,106 relationships. Here is one company’s corner of it.

KalshiRobinhoodRobinhoodCoinbaseCoinbasePublic.comPublic.comKalshi KlearKalshi KlearKinetic MarketsKinetic MarketsJupiterKalshi (DCM, offers event contracts)PhantomSolflareWebullTarek MansourLuana Lopes LaraKevin HartCharles SchwabKevin DurantKevin YornRich KleimanTema ETFsAdjacentAdjacentSequoia CapitalParadigma16zCoatue ManagementNoiseNoiseVeilVeilKairosTradeXKairosTradeXgeneralsportspoliticsOddpoolOddpoolNasdaqNasdaqInteractive BrokersInteractive BrokersVirtu FinancialIG Group HoldingsPlus500eToro GroupGalaxy Digital
  • People: founders, owners, backers
  • Funding rounds
  • Investors (named: led a round)
  • Where a lead investor also put money
  • Structure: owners, origins, products, exchange, clearing, CFTC licences
  • Indices and funds: indices built on its markets, funds holding it
  • Listed companies exposed
  • Acquisitions: bought, or bought by
  • Markets it trades
Founded by
Luana Lopes Lara, Tarek Mansour
Raised
10 rounds, $2.8B disclosed
Rounds led by
Coatue Management, Sequoia Capital, Paradigm, a16z
Trades
general, politics, sports
Listed companies exposed
Robinhood, Interactive Brokers, Coinbase and 12 more
Its lead investors also backed
Noise, Veil, KairosTradeX
Acquired
Oddpool

Source: The Prediction graph, built from our sourced datasets. Hover a dot to see what it touches

Charts from our own data

Monthly volume on US-regulated prediction markets, Oct 2025 – Sep 2026, read from each venue’s own published files and stored in our warehouse.

Notional volume, USD: every contract counted at $1 face value. Data through Sep 30, 2026. Source: The Prediction, from each venue’s own published files.
CME Event Contracts is left out: our collector is known to undercount it.

* Novig: Operates under a different model — no clearing house. Shown with an asterisk on any CFTC-venue chart.

Prediction markets data is siloed. Every venue reports on its own page, in its own unit, on its own schedule. We bring it into one data layer, source first, so the numbers finally add up.

Every figure carries its basis, its source and its age, without a click. Notional and handle never share an axis, and a number from a venue's own endpoint is never quietly blended with one from an aggregator.

Kalshi, last 30 days
$81.8B
Basis: notional. Source: The Prediction warehouse, from Kalshi's own data. As of 21 Oct 2026.
API & MCP, in development

Prediction markets are going agentic. The data should be too.

Bots and agents already trade these venues. We are opening The Prediction to them through a REST API and an MCP server, so any agent, Claude included, can ask for a venue’s volume, a company’s backers or who clears what, and get the answer with its basis and source attached.

  • Basis is required on every request. No silent defaults.
  • Every answer carries its source and tier.
  • Read-only, built on the same data as the site.
Get early access
Venue data over RESTPreview
GET /api/venues/kalshi?metric=volume&basis=notional&period=1m

{
  "venue": "Kalshi",
  "metric": "volume",
  "basis": "notional",
  "value_usd": 81803932698,
  "to": "2026-10-21",
  "source": "The Prediction",
  "tier": "warehouse"
}
Context over MCPPreview
get_context("Kalshi")

funding rounds   10
investors        26
clears through   KalshiKlear
30-day notional  $81.8B

What is in The Prediction today

$105.4B
notional traded in the 30 days to 22 Oct 2026, across the 11 venues we measure ourselves.
179
funding rounds and acquisitions logged, with $7.8B in disclosed capital.
406
investors profiled, each linked to the rounds they joined.
71
companies mapped layer by layer, from the app you trade on to the house that clears it.

Built for everyone who follows the market

For companies

See how your venue compares with its competitors: volume, fees, clearing and who owns each layer of the stack.

For investors

Every round in the sector, 179 and counting, with the investors behind it and where the money is going next.

For journalists

Figures you can cite, each with its basis, its source and its date. No aggregator numbers passed off as a venue's own.

For analysts

Cross-venue volume, open interest and fees on one basis, with the working shown. Built to be checked, not screenshotted.

Is your project missing?

If you run a prediction-market project we don't cover yet, tell us and we'll be in touch.

Submit your project

Read the market properly

The Prediction is invite only while we open it up. Join the waitlist and we will write when your seat is ready.