Decentralized trading platform Polymarket has crossed the $1 billion trading volume threshold, particularly in July where volumes reached $325 million, accounting for nearly a third of total trading volume. Recently, Polymarket users' attention has been centered on political events, with 9 out of the top 10 betting pools related to politics, the exception being an Ethereum ETF. Among these, the betting volume for the 2024 US Presidential Election event is the highest, reaching $420 million. In the period from July onwards, Polymarket's monthly active users (MAUs) exceeded 38,000 and the number of new accounts surpassed 50,000, both setting new records.