#预测市场平台与套利 The prediction market has indeed become the focus this year. From on-chain data, the flow of funds is already very clear. Platforms like Polymarket are seeing a continuous increase in volume, and large wallets have begun to position themselves in related tokens by the end of 2024, indicating that institutions have long sensed this direction.

The key observation point is the changes in the payment layer of stablecoins—the liquidity paths of USDC and USDT indicate that the pull of real application scenarios has already emerged. The prediction market is different from previous speculative hotspots; it has a clear cash flow support, and the odds mechanism itself is a tool for value discovery.

From an arbitrage perspective, the main opportunities lie in the price differences between cross-chain prediction protocols, as well as the pricing deviations caused by insufficient liquidity in the early stages. However, it is important to note that the regulatory risks of such platforms vary greatly across different jurisdictions, requiring real-time tracking of policy trends. The wave of return in 2026 indeed tends to favor tracks supported by fundamentals, with most remaining projects driven by real demand after the bubble bursts.