The article discusses the performance and user activity of Polymarket, a crypto-based prediction market platform, following the US election. The platform had built a significant user base beyond election betting, and data shows that open interest and daily volumes have been steadily increasing since the election. The number of active wallets on the platform has remained relatively stable. The article also mentions legal issues that Polymarket needs to resolve and a social media influencer who apologized for making derogatory comments about Polymarket's founder. Additionally, the article mentions the surprise pardon of Hunter Biden, which affected the trading of contracts related to the pardon on Polymarket.
- Content Editor ( coindesk.com )
- 2024-12-02
Polymarket Retains Loyal User Base a Month After Election, Data Shows