Polymarket: A US election-driven success story
Polymarket’s recent success is almost entirely a result of the election.

Polymarket’s recent success is almost entirely a result of the election.
ParaFi Capital, the largest investor in prediction markets, said first-time users are mostly participating in markets not related to the election.
Polymarket sets a new record with nearly $100 million locked in bets, driven by heightened political betting activity and market expansion.
The scale of crypto prediction platforms is experiencing explosive growth and is expected to continue to maintain a high growth trend in the next few years.
Polymarket breaks trading records with $116.4 million in July, driven by U.S. election bets. Nate Silver's advisory role aims to enhance prediction accuracy amid growing market influence.
The prediction market is an open market where anyone who knows about future outcomes can contribute their knowledge in the form of bets.
Many predict a massive Polymarket retreat after the US election in November
As the expectations of $ETH ETF passing heat up, the market’s attention is gradually returning to the EVM ecosystem. As the largest prediction market on the chain, Polymarket has attracted much attention because of whether $ETH ETF can pass smoothly.
The Wiki Finance Expo, Sydney 2023, scheduled for November 16th, is set to highlight key areas including regulation, Forex, Crypto, Web 3.0, Metaverse, AI, and ESG.
At one of the keynote speeches, Aragon Han from Vatee talks about exploring the impacts of the rise of the anti-USD movement.