2026-01-12 08:20:33

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.

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TokenomicsPolice

· 14h ago

Wow, even big companies are crashing. 700,000 is really... a bit embarrassing. --- MM's conversion rate really doesn't show top-tier quality. --- With just a few hundred thousand in transaction volume, we need to rethink the market prediction landscape. --- Wallet whales can't save the cold start, indicating that prediction markets are indeed hard to operate. --- It seems incentives still need to be increased; otherwise, it's pointless to stay stagnant. --- Over 300 daily active users, this data looks pretty bad... --- Prediction markets require UGC and liquidity; just having a large user base isn't enough. --- Let's wait and see how MM adjusts later; they will probably need to spend money.

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BoredRiceBall

· 14h ago

Big investors are all watching cautiously, small retail investors are hesitant to act, this is what it looks like now.

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BearMarketHustler

· 14h ago

Big companies' products are not enough either, prediction markets are not as lucrative as imagined --- $700,000? The conversion rate is a bit disappointing --- To put it simply, prediction markets are a pseudo-need; even the biggest wallets can't save them --- There are so many MetaMask users, but it still can't gain traction. It's time to reflect on the product itself --- Wait, only over 300 daily active users? I thought it would be more --- No matter how fancy the incentive mechanism is, it can't retain users. Prediction markets are just a chicken rib --- Top products crashing indicates that the ecosystem is not yet mature

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ForkTongue

· 14h ago

$700,000? Where's the big company effect everyone was talking about? This conversion rate is way too low.

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TopBuyerBottomSeller

· 14h ago

$700,000? The conversion rate is just too terrible. Large users don't care about the prediction market at all.

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