Polymarket reached $14.77 billion in trading volume for the month of October. This puts the estimated revenue run rate at $1.8 billion based on their tiered fee structure. For those holding $USDC, this volume indicates that prediction markets are now a primary destination for on-chain liquidity during high volatility periods. It proves these platforms can handle institutional-sized flows without breaking.

My read: The decision to implement tiered fees suggests the platform is moving from a growth phase to a monetization phase while they currently lack direct competition.

Do you use prediction markets to hedge your portfolio or are you just there for the data?

#CryptoNews #USJoblessClaimsRise