New Prediction Market Novig Sees $125 Million In Trading Volumes

New Prediction Market Novig Sees $125 Million In Trading Volumes CryptoProwl Tue, August 18, 2026 at 9:36 AM EDT 2 min read KLSH.PVT POLA.PVT DKNG New Prediction Market Novig Sees $125 Million In Trading Volumes New prediction market platform Novig, which focuses on sports betting and launched on Aug. 4, has reported $125 million U.S. in trading volumes during its first week of operations. Novig's trading volumes during its first week surpassed that of established rivals Kalshi and Polymarket. The upstart company said betting on baseball games dominated its sports event contracts during its platform's first week. More From Cryptoprowl: MEXC July TradFi Trading Shifts Toward AI Storage as SNDK Futures Volume Surges More Than 15x Times Polymarket Hires Former Uber Executive To Lead Growth Initiative Hyperliquid Turns to CFTC for Path Into U.S. Perpetual Futures Market Canadian Defense Tech Firm Jumps 92% as Government Revenue Boosts Margins MEXC's August 2026 Proof of Reserves Confirms User Assets Fully Backed as Reserve Ratios Remain Above 100% Until now, Kalshi and Polymarket have dominated trading volumes among prediction markets and online sports betting sites such as DraftKings (NASDAQ: $DKNG). Novig differs from Kalshi and Polymarket in that it is primarily focused on sports. It does not currently engage in betting on other real-world events such as politics. Management at Novig said they launched in August ahead of the upcoming seasons for NFL football, NBA basketball, a…