bitcoin
Bitcoin (BTC) $ 96,717.91
ethereum
Ethereum (ETH) $ 3,366.25
tether
Tether (USDT) $ 1.00
bnb
BNB (BNB) $ 664.67
usd-coin
USDC (USDC) $ 1.00
xrp
XRP (XRP) $ 2.25
binance-usd
BUSD (BUSD) $ 1.00
dogecoin
Dogecoin (DOGE) $ 0.317938
cardano
Cardano (ADA) $ 0.904232
solana
Solana (SOL) $ 184.85
matic-network
Polygon (MATIC) $ 0.480407
polkadot
Polkadot (DOT) $ 7.08
tron
TRON (TRX) $ 0.247414
bitcoin
Bitcoin (BTC) $ 96,717.91
ethereum
Ethereum (ETH) $ 3,366.25
tether
Tether (USDT) $ 1.00
bnb
BNB (BNB) $ 664.67
usd-coin
USDC (USDC) $ 1.00
xrp
XRP (XRP) $ 2.25
binance-usd
BUSD (BUSD) $ 1.00
dogecoin
Dogecoin (DOGE) $ 0.317938
cardano
Cardano (ADA) $ 0.904232
solana
Solana (SOL) $ 184.85
matic-network
Polygon (MATIC) $ 0.480407
polkadot
Polkadot (DOT) $ 7.08
tron
TRON (TRX) $ 0.247414
More

    Polymarket survives post-election drop-off although quantity falls 60%

    Latest News

    Polymarket, the main platform for prediction markets, exhibited groundbreaking exercise throughout its markets over current months. With the US presidential election, main sporting occasions, and important crypto milestones as central matters, the information illustrates important person drop-off after the election. Nonetheless, quantity and exercise principally stay in an upward pattern even with out the landmark market.

    Polymarket user activity (Source: Dune Analytics API)
    Polymarket person exercise (Supply: Dune Analytics API)

    Per Dune Analytics knowledge, Polymarket recorded peak engagement for the “Presidential Election Winner 2024” market, with every day person participation exceeding 49,000 within the days surrounding the election. Sporting occasions just like the Champions League and the Tremendous Bowl have additionally seen sturdy curiosity.

    Particularly, the “Tremendous Bowl Champion 2025 market” maintained regular person participation and every day figures persistently reaching the hundreds. This reinforces the platform’s post-election capacity to draw a broad viewers base past monetary and political predictions, tapping into mainstream leisure and sports activities.

    Different markets, which primarily relate to potential crypto worth actions, additionally garnered constant traction, reflecting the platform’s attraction amongst individuals in search of market-aligned insights.

    Buying and selling volumes inform a parallel story, with the US Election producing disproportionate curiosity. As detailed within the knowledge, the cumulative buying and selling quantity surpassed $2.4 billion month-to-month, signaling a strong intersection of finance, hypothesis, and socio-political developments.

    See also  The three vacationer cities in Brazil utilizing Bitcoin as cash
    Polymarket monthly volume (Source: Dune Analytics API)
    Polymarket month-to-month quantity (Supply: Dune Analytics API)

    Nonetheless, month-to-date November knowledge suggests a fall to round $80 million per day, down from the $300 million common throughout the lead-up to the election. Nonetheless, if the US election markets are faraway from the evaluation, there may be nonetheless a continued every day improve in person exercise.

    Polymarket daily volume (Source: Dune Analytics)
    Polymarket every day quantity (Supply: Dune Analytics)

    Polymarket’s efficiency throughout these months and continued curiosity in markets outdoors US politics highlights its persistence within the prediction market area and knowledge indicating sturdy person engagement and important buying and selling volumes.

    Present tendencies, due to this fact, counsel the crypto prediction market bubble has not popped because the finish of the US election. Whereas person interplay has fallen considerably, the information is actually encouraging.

    Talked about on this article

    LEAVE A REPLY

    Please enter your comment!
    Please enter your name here

    Hot Topics

    Related Articles