Prediction markets have become a leading indicator of key economic data.

 according to DLnews, the latest report from crypto market maker Keyrock points out that prediction markets such as Polymarket and Kalshi have become leading indicators of key economic data, with traders incorporating them into models to gain an edge.

Since the beginning of 2024, the monthly trading volume of prediction markets has surged from $100 million to $13 billion, a 130-fold increase. Although accuracy is debated, studies show Polymarket has an accuracy rate of 67%, Kalshi 78%, but their ability to reflect collective intelligence has made them increasingly popular among professional traders.