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Prediction Markets Gain 2.65% as Automated Market Maker Falls 7.99%

Four of the 10 listed sectors rose and six fell. Prediction Markets had $11.6 million in trading volume, while Automated Market Maker recorded $1.32 billion.

One acrylic market bar rises beside a heavier descending column / TokenPost.ai
One acrylic market bar rises beside a heavier descending column / TokenPost.ai

Prediction Markets rose 2.65% over 24 hours to a $4.49 billion market cap at 10:01 p.m. ET Nov. 5, while Automated Market Maker fell 7.99% to $8.67 billion. Those were the largest moves among the 10 listed sectors, each with a market cap of at least $2 billion.

Prediction Markets had $11.6 million in trading volume, compared with $1.32 billion for Automated Market Maker (AMM). Prediction Markets had fallen 6.95% in the prior 24-hour period, which ended at 10:01 p.m. ET Nov. 4. The Nov. 4 sector snapshot recorded that decline before the subsequent 2.65% rise.

Gambling, also known as GambleFi, gained 1.22% to a $4.95 billion market cap, with $16.6 million in volume. Options rose 1.21% to $4.76 billion, with $25.6 million in volume. Tokenized Treasuries added 0.56% to $8.40 billion, with $3.6 million in volume.

Among the other decliners, Data Availability lost 7.92% to $5.76 billion, with $688.8 million in volume. Derivatives dropped 6.98% to $21.06 billion, with $1.73 billion in volume. Decentralized Exchange fell 6.69% to $32.90 billion, with $3.40 billion in volume, while Elon Musk-Inspired declined 6.60% to $11.33 billion, with $796.5 million in volume.

Synthetic Dollar slipped 0.24% to a $6.58 billion market cap, with $54.9 million in volume. Six of the 10 sectors fell and four advanced over the 24-hour period. A coin can appear in multiple sectors, so these market caps and trading volumes cannot be totaled.

Enna Lee

Reporter

Enna Lee reports on investing and digital-asset markets for TokenPost. Send corrections or tips to info@tokenpost.com.

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