Prediction Market Fever Cooled in February

In February, the prediction market sector recorded a drop in monthly trading volumes after five straight months of gains, as activity on BNB Chain-based Opinion Labs fell sharply to $3.1 billion from over $10 billion. According to data from Artemis, prediction markets processed $23.4 billion of trades in February, down roughly 12% from January’s record $27.1 billion.To continue reading this as well as other DeFi and Web3 news, visit us at thedefiant.io