Dune and Keyrock teamed up to produce the most comprehensive study of prediction markets yet.
Summary
This report explores the rapid evolution of onchain prediction markets — systems that allow participants to trade on the probability of future events across politics, economics, crypto markets, and real-world outcomes. Drawing on onchain data and market analysis from Dune and Keyrock, the report examines how prediction markets are transitioning from niche experiments into increasingly liquid, information-rich financial primitives.
The findings show that modern prediction markets benefit from transparent pricing, continuous liquidity, and incentive-aligned participation — often outperforming traditional polling and forecasting methods. As infrastructure matures, prediction markets are emerging as a powerful tool for price discovery, risk hedging, and collective intelligence within the broader onchain economy.
Inside the report
- How onchain prediction markets work and why they outperform traditional forecasting methods
- Market structure insights covering liquidity, volume, and participant behaviour
- The role of automated market makers and incentives in sustaining prediction markets
- Why prediction markets may become core infrastructure for onchain finance, governance, and risk management
Download the full report
Credits: Dune.com