Polymarket, a leading prediction market platform, has achieved a significant milestone by surpassing $100 million in trading volume for the month of June. This marks the first time that prediction markets on Ethereum have reached such a volume. The surge in activity is primarily driven by interest in U.S. presidential election predictions. Polymarket holds over 85% market share in the U.S. presidential prediction market, with all transactions settled on crypto-native rails. Currently, there are $200 million in crypto bets on the line. The platform's success is seen as a major step towards mainstream adoption of onchain prediction markets, potentially disrupting the traditional betting industry.
🚨 Polymarket hits $100M in trading volumes, driven by US election markets! The prediction market platform is seeing massive interest, especially around political events 📊 https://t.co/0x0mJlXRRh
Trading volumes on crypto betting platform @Polymarket surpassed $100M in June as more punters place bets on how the U.S. election will unfold. https://t.co/IVVLZssGJB
Prediction markets will be the next hot narrative in crypto i.e. turning ideas into commodities Now you can bet on influencers, the price of compute, box office performance, and anything else you can imagine Invisible hand economics will make these more accurate than polling
Prediction summer with @Polymarket These election games help crypto adoption in many ways
ICYMI, @Polymarket was mentioned as the source of truth on @theallinpod this week on betting markets regarding the Presidential race. This is what mass adoption looks like.
.@Polymarket's astronomical success is the most important story in crypto right now, but it's so obvious that we are ignoring it, when we should be screaming it from the rooftops. Prediction markets are the purest technological manifestation of liberal democracy. They take free… https://t.co/XlubHYDicq
June was a huge month for @Polymarket who surpassed $100M in monthly volume for the first time 👏 https://t.co/iSbX4FY2eC
Polymarket right now ... $200M in crypto bets on the line. https://t.co/px0b4eSW3P
Good time to buy gambling related tokens? Feels like polymarket is gonna make onchain prediction markets mainstream
Polymarket is the pulse of current events and culture.
Prediction markets just had their first $100M+ volume month primarily due to interest in election predictions on Polymarket. Gaming is a $187 billion dollar industry and nothing like this exists for gaming fandom. What if you could predict when GTA6 would be released or if Kai… https://t.co/xPsG4eoIRs
Prediction markets just had their first $100M+ volume month on Ethereum, primarily due to interest in election predictions on Polymarket. Gaming is a $187 billion dollar industry and nothing like this exists for gaming fandom. What if you could predict when GTA6 would be… https://t.co/KpQbBs4ckx
polymarket is a huge trojan horse, amazing product-market fit. it will onboard so many people to crypto and completely disrupt the betting industry
prediction markets are going to be more important than anyone realizes
Polymarket holds over 85% market share in the US presidential prediction market All settled on crypto-native rails https://t.co/5qOmb9AygO
Prediction markets had their first $100M+ volume month ever in June on Ethereum Here’s why this matters: A prediction market is a speculative market for any future event. Anyone with a view on an event outcome can contribute their view by risking money. The aggregate of the…
NEW: @Polymarket has recorded $100M in monthly volume in June. https://t.co/vWJEIKOvhk
$100M+ in Polymarket volume in June SKIN IN THE GAME OR STFU https://t.co/BG1spduNtJ