Moomoo US Prediction Markets Soar to Over 1 Million Traded Contracts in First Day

Moomoo US Prediction Markets made a strong debut last week, with over one million contracts traded within the first 24 hours.

The platform, which operates under the regulatory guidance of the U.S. Commodity Futures Trading Commission (CFTC) and the compliance framework of a licensed Futures Commission Merchant (FCM), has seen trading volume for event contracts skyrocket past 10 million by the end of its first week.

Major global events and crucial macroeconomic data releases have drawn in investors, who are using prediction markets' real-time pricing and flexible early-exit options to turn their views on macro developments and crypto volatility into clear, compliant trading decisions.

The platform's ability to offer cross-category traders a safe, compliant, and innovative avenue has been a key factor in its success. User behavior across asset classes shows interesting overlap, with bitcoin-related event contracts accounting for 40% of total trading volume.