Polymarket Growth
- Polymarket recorded $533.51 million in trading volume in September. This increase was driven by the 2024 US presidential election and geopolitical developments in the Middle East.
- According to Dune Analytics, there was a $61.51 million increase from $472 million in August. The number of active users increased by 41%, from 63,616 to 90,037.
Election Betting Dominates
- At the end of September, election-related predictions accounted for 84% of total market activity. 64% of users participated in election betting.
- Polymarket’s increased activity is linked to the increasing interest in global events such as elections, economic policies, and geopolitical tensions. 🌐📈