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Polymarket Daily Trading Volume Surpasses $200 Million on World Cup Boost

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Photo: Shutterstock
Photo: Shutterstock

Polymarket, a global prediction-market platform, has seen its daily trading volume top $200 million.

BlockBeats reported on June 26 that Polymarket's daily volume surpassed $200 million that day. That was nearly four times higher than about $50 million in mid-May, and lifted the platform's annualized revenue above $1 billion.

The World Cup has fueled the surge in trading activity. BlockBeats reported that the tournament's start has continued to drive volume higher across prediction-market platforms. Polymarket's weekly trading volume also reached a record high during the World Cup after falling in April and May.

#Prediction Market
#Football

gilson@bloomingbit.ioHello, I'm a reporter at bloomingbit

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