đ¨ $HOOD PREDICTION MARKETS ARE NEARING $1 BILLION ANNUALIZED REVENUE RUN RATE
Over the last 4 months, prediction markets have been running at ~$800M-$900M annualized
$HOOD overall revenue is ~$5B annualized
Meaning prediction markets are already approaching 20% of $HOOD's overall revenue just 1.5 yrs after launch
And the unit economics are VERY strong -- better than equities, potentially better than crypto -- and will continue to improve as $HOOD routes more and more volume through Rothera
đ¨ $HOOD PREDICTION MARKETS - SEPT 16
- TOTAL REVENUE (est.): ~$2.6M
- TOTAL VOLUME: ~220M contracts
SEPTEMBER FULL MONTH PROJECTIONS:
- TOTAL REVENUE (est.): ~$76.6M
- TOTAL VOLUME: ~6.6B contracts
Assumption: Robinhood â 10% of Kalshi total