Prediction Market OI reached new weekly ATH at $1.25B Prediction market open interest just hit a new all-time high of $1.25B, up 27% comparing with week before. The primary driver is clear: the US-Israel strikes on Iran that began late February triggered a flood of capital into prediction markets. OI breakdown for the last week higs: • @Kalshi - $810M • @Polymarket - $415M • @opinionlabsxyz - $27.7M • @predictdotfun - $14.2M • @0xProbable - $585K • @MyriadMarkets - $563K • @trylimitless - $557K A single multi-outcome market on Polymarket on the timing of strikes accumulated over $500M in bets alone. Traders wagered more than $194M on whether Khamenei would be removed as Supreme Leader - a market that resolved on Feb 28 when he was confirmed killed in the first wave of airstrikes. Notably, Opinion OI continues to decline, collapsing over 70% – from a $96M to $27.7M – in one week. Airdrop farmers exited, nad capital that was parked on Opinion chasing points is now rotating into Kalshi and Polymarket, consolidating around winners. Source 🔗@artemis