BlockBeats News, May 29th - Market maker Wintermute announced its entry into the prediction market field, beginning to provide two-way liquidity (bid-ask) for event contracts on major prediction market platforms. Wintermute stated that it is currently providing buy and sell quotes for active event contracts. The total monthly trading volume on related prediction market platforms has exceeded $20 billion. As of April 2026, Polymarket and Kalshi have accumulated a total historical trading volume of over $150 billion.

Wintermute's OTC Trading Lead, Jake Ostrovskis, stated that the prediction market has shown demand characteristics similar to large asset classes, but liquidity is still in its early stages. Continuous two-way liquidity helps narrow the bid-ask spread, support larger-scale trades, and enhance the quality of probability signals reflected in market prices. Previously, institutions such as Jump Trading and Galaxy Digital have also entered the prediction market liquidity business.