Polymarket: A US election-driven success story
Polymarket’s recent success is almost entirely a result of the election.
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Polymarket’s recent success is almost entirely a result of the election.
Kamala Harris and Donald Trump tied at 49% in Polymarket's $541M presidential betting pool.
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.
President Biden tested positive for Covid while traveling in Las Vegas soon after he said a “medical condition” could prompt him to withdraw.
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.