How the internet bets on the future

BETA

futura Trade shares on future events to discover how online markets bet on everything.

futura The digital betting arenas

Buy the yes, sell the no, let the market tell us where we go!

futura How event contract shares turn into cash

futura Prediction market shares trade between zero and one dollar, settling based on the final real-world outcome.

Kalshi and the fight for legal US trading

futura Kalshi became the first federally regulated exchange where Americans could legally trade event contracts.

Fun Fact

Polymarket volume: During the 2024 US election cycle, Polymarket handled over $3.6 billion in total trading volume.

Glossary

prediction market (noun)
A speculative market where individuals trade contracts based on the outcomes of future events. In 2020, Shayne Coplan founded Polymarket, which became the world's largest online platform for event forecasting.

Gossip

What would you bet on first?

Quiz

What is a market maker's primary job in a prediction market?

futura Kalshi and the fight for legal US trading

Quiz

What US regulatory body oversees Kalshi's regulated event contracts?

futura The critical role of market makers

Quiz

At what value do prediction market shares typically settle when an event occurs?

futura The rise of decentralized crypto platforms

Quiz

Which blockchain network does Polymarket primarily use for its transactions?

Quiz

Which platform became the first CFTC-regulated exchange for event contracts in the US?

Quiz

What happens to a 'No' share if the predicted event actually happens?

Quiz

What type of cryptocurrency is typically used to trade on Polymarket?

Quiz

In what year was the decentralized prediction market Polymarket founded?