Wall Street Turns to Prediction Markets Amid Iran Tensions

As U.S.-Iran relations strain, prediction markets see a surge in trading, with Polymarket and Kalshi hitting record volumes of $2.49 billion and $2.85 billion.

As tensions between the U.S. and Iran escalate, prediction markets are heating up rapidly, with traders placing bets on related outcomes. According to data from Token Terminal, trading activity on platforms like Polymarket and Kalshi reached new highs last week, with trading volumes hitting $2.49 billion and $2.85 billion, respectively.

Wall Street Turns to Prediction Markets Amid Iran Tensions插图
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