WalletConnect is positioning itself as a core infrastructure for onchain prediction markets, a sector that grew more than 400% between 2024 and 2025, reaching nearly $64 billion in annual volume. In March 2026, the combined monthly volume of Polymarket and Kalshi surpassed $26 billion, an increase of 95% compared to the same month of the previous year.
The platform provides four critical functions for prediction market traders: wallet connection, deposits, user payouts and regulatory compliance. Polymarket and Myriad already operate on the WalletConnect network, which has processed more than 300 million connections with 45 million active users. WalletConnect Pay abstracts the complexity of cross-network bridging, allowing users to deposit from any wallet without leaving the platform or interacting with bridge interfaces.
Regarding regulatory matters, the platform features end-to-end session encryption, Travel Rule compliance, transaction screening and geoblocking controls at the wallet connection level. Coinbase and Sumsub use this layer for their own compliance workflows. Industry projections estimate that prediction markets could reach $240 billion in annual volume during 2026.
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