Is the prediction market still a blue ocean? Can market makers break through the dilemma?

【Crypto World】The prediction market track has recently attracted a lot of attention, but upon closer inspection, the ecosystem is still quite immature. According to industry insiders, Polymarket, as a leading prediction platform, has a painfully small number of market makers—conservatively estimated at just one or two active ones—making market liquidity clearly limited.

Even more interesting is that the current application scenarios for prediction markets are quite concentrated—mainly sports events. From American football and basketball to various sports betting, this area indeed attracts a significant trading volume. But it is precisely because of this concentration that the imagination space for prediction markets is greatly compressed.

From another perspective, this also indicates that prediction markets are still in a very early stage. The lack of market makers and the single application scenario are bottlenecks that need to be addressed. If in the future more liquidity providers can be attracted and the scope expanded to include politics, economics, technology, and other prediction fields, this track can truly unleash its potential. It may still be too early to call it a trend, but it’s not an overstatement to say it has potential.