Prediction Market Open Interest Hits $1.48B, Second Consecutive Week of All-Time High

According to a16z crypto, open interest in prediction markets reached $1.48 billion as of the week ending June 15, marking the second consecutive week of all-time highs. Open interest tracks funds deployed by participants that remain at risk, differing from daily trading volume metrics. The metric has grown approximately six-fold over the past year, indicating users are maintaining longer-term positions across political, economic, cultural, and crypto-related markets.
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