Polymarket's US platform trading volume grew about 266% from June to October.
Original headlinePolymarket 美国平台交易量从 6 月至 10 月增长约 266%
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Polymarket's U.S. platform monthly trading volume rose from $4.04 billion in June to $14.77 billion in October, a roughly 266% increase, according to TickerTracker data measured by full contract payout value. October activity was led by combination contracts at $8.6 billion (58.2% of the total) and sports contracts at $4.57 billion (31%). Polymarket told CNBC its annualized revenue has surpassed $1.8 billion, up from more than $1 billion in June. The growth matters as U.S. states challenge whether federally regulated prediction markets can offer sports contracts without state gambling licenses, with New York's attorney general suing Polymarket in September over its sports-related event contracts. Watch how that litigation and other state actions affect Polymarket's ability to keep sports volumes on its U.S. platform.
Muhabbit's AI wrote this summary in its own words from TechFlow's report and translated it from Chinese. It can get details wrong, so check the source.
Named in this story
Polymarket, New York Attorney General, TickerTracker, Cointelegraph, CNBC