Polymarket has reported unprecedented growth in October, achieving record highs in trading volume, active traders, and new market launches. The platform saw over 477,000 active traders and surpassed $3 billion in trading volume. This surge was fueled by the announcement of the POLY token, plans to re-enter the U.S. market, and a potential $15 billion fundraising round.
The growth in Polymarket's activity aligns with a broader expansion in the prediction market sector, highlighted by Kalshi's report of over $4.4 billion in trading volume for October. These developments underscore the increasing interest and investment in prediction markets.
Polymarket Achieves Record Trading Volume and User Growth
Disclaimer: The content provided on Phemex News is for informational purposes only. We do not guarantee the quality, accuracy, or completeness of the information sourced from third-party articles. The content on this page does not constitute financial or investment advice. We strongly encourage you to conduct you own research and consult with a qualified financial advisor before making any investment decisions.
 
 
 
 
 