TRM Labs: Prediction Markets Seen at $36.6B Volume in Q1 2026

TRM Labs said prediction-market trading volume is projected to hit $36.6 billion in the first quarter of 2026, topping onchain gambling's $14 billion for the first time, according to CoinTelegraph. Onchain gambling generated $51 billion in total trading volume in 2025, peaking at $15 billion in Q4 2025. TRM Labs added that activity in both segments held up during the recent crypto market correction, showing no material drop. The report highlighted a heavy concentration of flow: high-volume participants representing 0.063% of individual wallets accounted for 91.8% of total trading volume. Monthly volume from average bettors rose from $17 million in January 2022 to $188 million in March 2026, while daily gamblers' trading volume increased twelvefold over the same period. TRM Labs cautioned that gambling platforms face elevated money-laundering exposure, while prediction markets are drawing scrutiny over potential insider trading.