Underdog routes prediction-market trades across multiple exchanges (DCMs) both as a broker (FCM) and direct to UDX. This is an aggregated view of all prediction-market activity on Underdog. (Fantasy sports entries are not included.)
Click Notional Volume or Total Transactions above to plot it below. Notional volume is contracts traded × $1 face value.
The numbers, over time
External Exchanges + UDX, since PM launch in Aug 2025