Polymarket, this prediction market platform, has been quite popular lately. Its valuation has skyrocketed from $1B to possibly $10B, with investors including Founders Fund and DragonFly Capital. This rise is indeed impressive.
Key data shows:
- A total of 10.8 million transactions have been completed, totaling $2.4B
- Current open positions $158.8M, indicating user activity is at
- But there's a hurdle here — only 13.6% of users are making money, and most earn less than $100
.
Recently, Polymarket returned to the US market with regulatory approval, which is a significant event. Behind it,
Key data shows:
- A total of 10.8 million transactions have been completed, totaling $2.4B
- Current open positions $158.8M, indicating user activity is at
- But there's a hurdle here — only 13.6% of users are making money, and most earn less than $100
.
Recently, Polymarket returned to the US market with regulatory approval, which is a significant event. Behind it,
LINK0,52%