Decentralized Prediction Market Polymarket Exceeds $1 Billion in Cumulative Volume Traded
Publication Time:2024-08-02 16:26:06
Since its launch, the cumulative trading volume on the decentralized prediction market platform Polymarket has exceeded $1 billion, highlighting its growing significance in the cryptocurrency sector. Particularly in the past year, Polymarket has attracted users enthusiastic about trading based on predictions of various outcomes, especially political events, demonstrating its strong market appeal. In June, Polymarket's cumulative trading volume was $663 million, and in July, this figure surged approximately 58% to reach $1.05 billion. This indicates that Polymarket's potential and influence in the prediction market sector continue to expand.
Polymarket
Cryptocurrency
decentralized prediction market
cumulative trading volume