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Friday, January 31, 2025
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    HomeAll CoinsBitcoinPolymarket survives post-election decline at the same time as quantity drops 60%

    Polymarket survives post-election decline at the same time as quantity drops 60%

    Polymarket, the main prediction markets platform, has demonstrated revolutionary exercise in its markets over the previous few months. With the US presidential election, main sporting occasions and crypto milestones as central subjects, the info illustrates a big drop in customers after the election. Nevertheless, quantity and exercise stay largely in an upward pattern, even with out the historic market.

    Polymarket user activity (Source: Dune Analytics API)
    Polymarket consumer exercise (Supply: Dune Analytics API)

    In keeping with information from Dune Analytics, Polymarket noticed peak engagement for the “2024 Presidential Election Winners” market, with every day consumer engagement exceeding 49,000 within the days surrounding the election. Sporting occasions just like the Champions League and the Tremendous Bowl additionally generate robust curiosity.

    Particularly, the “2025 Tremendous Bowl Champions Market” has maintained regular consumer participation and every day numbers frequently reaching into the 1000’s. This strengthens the platform's post-election means to draw a broad viewers past monetary and political forecasts, leveraging mainstream leisure and sports activities.

    Different markets, that are primarily linked to potential value actions of cryptocurrencies, have additionally seen regular reputation, reflecting the platform's enchantment to members looking for market-aligned data.

    Buying and selling volumes inform a parallel story, with the US elections producing disproportionate curiosity. As the info particulars, the cumulative buying and selling quantity exceeded $2.4 billion per thirty days, signaling a powerful intersection of finance, hypothesis and socio-political developments.

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    Polymarket monthly volume (Source: Dune Analytics API)Polymarket monthly volume (Source: Dune Analytics API)
    Polymarket month-to-month quantity (Supply: Dune Analytics API)

    Nevertheless, month-to-month information for November suggests a decline to round $80 million per day, down from the common of $300 million earlier than the election. Nevertheless, if we exclude the US election markets from the evaluation, consumer exercise continues to extend every day.

    Polymarket daily volume (Source: Dune Analytics)Polymarket daily volume (Source: Dune Analytics)
    Polymarket every day quantity (Supply: Dune Analytics)

    Polymarket's efficiency throughout these months and continued curiosity in markets outdoors of US politics highlights its persistence within the prediction market area and information indicating robust consumer engagement and buying and selling volumes necessary.

    Present developments due to this fact counsel that the crypto prediction market bubble has not burst because the finish of the US elections. Regardless that consumer interplay has decreased considerably, the info is definitely encouraging.

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