Polymarket, a decentralized prediction market platform, reported a surge in activity for October, with monthly active users reaching a record 477,900, marking a 93.7% increase from September. The platform's trading volume also hit a new high of $3.02 billion, alongside the creation of 38,300 new markets. Polymarket plans to re-enter the US market by the end of November, introducing its native token POLY and conducting airdrop events. Meanwhile, Kalshi, a US-compliant prediction market platform, maintained its lead with $4.4 billion in monthly trading volume. The company recently completed a $300 million funding round, boosting its valuation to $5 billion and drawing significant investor interest.