Polymarket, a blockchain-powered prediction platform, saw its busiest month ever in November, driven by the U.S. Presidential Election. However, trading volumes in December have decreased significantly, falling below November's peak and also October's numbers. Open interest has also sharply declined from nearly $500 million to $117 million. Despite the drop in trading volume, December saw an increase in the number of monthly active traders. Polymarket continues to host politically charged wagers and markets predicting bitcoin's price movements. It will be interesting to see how Polymarket's metrics evolve in 2025.
- Content Editor ( news.bitcoin.com )
- 2024-12-30
From Election Excitement to Post-Election Doldrums: December on Polymarket