Market News and Research Predictions

According to official news, the prediction market platform Polymarket has integrated Pyth Pro as the data source for its new series of traditional asset contracts. Relying on Pyth Pro data, Polymarket provides daily price fluctuations and daily closing markets for gold, silver, and major stock index ETFs, ensuring full transparency through real-time price charts updated every second.

According to data from @defioasis, Polymarket has entered a full charging era, with fees significantly rising in the past two days. The latest complete daily fee on April 1 was $927,000, and it is expected that the daily fee may exceed one million dollars in the coming days. Based on the daily fee on April 1, the annualized amount reaches $338 million.

According to Cointelegraph, driven by geopolitical bets and mainstream media coverage, the trading volume of prediction markets in March increased by 2838% year-on-year, reaching 191 million transactions, setting a new historical high.

California Governor Gavin Newsom signed an executive order prohibiting government-appointed officials from using non-public information obtained during their duties to engage in insider trading for profit in prediction markets, and expanded the ban to include their spouses, family members, and former business partners. The executive order specifies that public officials appointed by the governor may not use "confidential or non-public information" to bet on political or economic events related to their duties. Newsom stated that public service should not become a tool for profit and emphasized the need to draw a clear line between power and interests.