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THE WIDER TAPE

The board is the five markets I find interesting. This is the opposite exercise: one whole venue, every listed contract, read cold. Most of what a prediction-market venue lists never trades — and which questions go untouched is itself a read. That's the data I use to write missing-market specs.

Read-only. No trade links, nothing to click through, not financial advice. Venue: Pascal (private beta) — numbers straight from its public data API, USDC notional.

THE VENUE AT A GLANCE

CONTRACTS LISTED

3203

NEVER TRADED

2747 (86%)

QUIET LAST 24H

3135

24H NOTIONAL, WHOLE VENUE

$76,856

977 events, 3203 contracts, and 2747 of them have never printed a single trade. That's not a dunk — every venue's tape looks like this before the crowd shows up. It's the honest baseline: attention, not listings, is the scarce thing.

WHERE THE VOLUME ACTUALLY IS

MARKETMARK24HOI

Nevada Governor Winner

DEMOCRATS

48%$24,219$4,703

Senate control after 2026 midterms

DEMOCRATIC PARTY

64%$13,984$50,672

Nebraska Senate Winner

REPUBLICANS

71%$9,767$7,922

Texas Governor Winner

REPUBLICANS

82%$6,539$5,129

MN-05 House Winner

DEMOCRATS

98%$4,150$4,402

Georgia Governor Winner

DEMOCRATS

50%$2,444$3,223

Texas Governor Winner

DEMOCRATS

19%$2,285$6,129

Texas Senate Winner

DEMOCRATS

63%$1,394$15,972

TOP 8 BY 24H TAKER NOTIONAL · PULLED 2026-10-01 18:40:50 UTC · REFRESHES ~60S

WHY I READ AN EMPTY TAPE

A market with no trades is a question priced by nobody — which means the listing itself was a guess about what people want to know. When most of a venue's guesses go untouched, the interesting question isn't "why is it quiet" — it's what would a market people actually showed up for look like? That's the missing-market problem, and it's the one I work on daily.

THE MISSING MARKETS →