MetaMask Prediction Market Launch Performance Remains Tepid: Only $700K in Nominal Trading Volume

MetaMask's prediction market has been operational for nearly a month since its launch. The latest data shows that its early performance has not been as enthusiastic as expected. According to industry statistics, the platform's daily active users hover only between 300 and 400, with a total nominal trading volume of approximately $700,000.

Compared to other emerging crypto prediction platforms in their startup phase, this data indeed appears somewhat subdued. Although MetaMask, as a leading product in the crypto wallet space, has a large user base, there is still a significant conversion rate issue when it comes to active participation in the prediction market. This also reflects the long-term challenges in user education and market cultivation within this vertical sector—even major brands find it difficult to quickly establish an active trading ecosystem.

Whether future efforts to optimize product design, innovate incentive mechanisms, or expand the ecosystem can enhance user engagement remains to be seen.