Prediction market trading volumes have reached unprecedented levels for the third consecutive week, with a16z crypto reporting a total of $14.4 billion last week. This marks a significant rise from the $5–6 billion range at the beginning of the year and surpasses the previous record of approximately $10 billion set just a week prior. Open interest also hit a new high of $1.6 billion, indicating ongoing growth in new positions and increased capital risk exposure. Non-sports markets, including macroeconomics and breaking events, have shown particularly strong growth. Notably, combined trading volumes on platforms Kalshi and Polymarket reached $3.6 billion last week, surpassing the total volume of all prediction market categories from the previous year.