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SSRNCrypto & DeFi

Is Retail Crypto Trading Better Than Gambling? Memecoins, Perpetual Futures and Prediction Markets Against Casino Odds

Memecoin traders get back 0.754 per unit staked, worse than any casino game, while perpetual futures and prediction markets match casino returns.

Featured in No. 138 on 6 Nov 2026 · 2 days after release

Released
4 Nov 2026
First featured
No. 138 · 6 Nov 2026
Published in
Not yet, as far as Semantic Scholar knows
Fanfare
2 of 5
Identifier
SSRN 7676458
Authors
Daniel Gatto

Citations and venue from Semantic Scholar (ODC-BY), refreshed weekly. Summary: Quant Letter (CC BY 4.0).

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