Record-breaking month for Polymarket, an Ethereum-based prediction platform, driven by rising interest in the upcoming U.S. presidential election
September marked a record-breaking month for Polymarket, an Ethereum-based prediction platform, driven by rising interest in the upcoming U.S. presidential election.
The platform experienced all-time highs in trading volume, active traders, new markets, and cumulative volume, with a notable 42% surge in active traders and a 35.5% increase in cumulative volume, reaching $2.06 billion.
The market predicting the 2024 presidential election attracted the most attention, amassing over $1.2 billion in cumulative bets, with major wagers placed on Donald Trump and Kamala Harris.
Prediction Markets Dune Dashboard