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Polymarket US sets October records for trades and active users

CryptoBriefing reports Polymarket US processed more than 74 million trades in October, a 15 percent jump from the month before and its busiest month on record. Monthly active traders reached an all-time high of about 478,000, after September set the previous record at 8.8 billion dollars in total volume.

Polymarket US processed more than 74 million trades in October, marking its highest monthly trade count, according to CryptoBriefing. The total rose 15 percent from the month before.

Activity reaches new highs

Monthly active traders also reached a record, at about 478,000, according to CryptoBriefing. October therefore set new peaks in both the number of trades processed and monthly trader participation.

The October figures followed September’s record of 8.8 billion dollars in total volume. That measure captures a different dimension of activity from the trade count reported for October.

Comparing the monthly records

The supplied summary does not give October’s total volume, so it does not establish whether the platform surpassed September’s dollar-volume record. It also provides no September active-trader count from which to calculate October’s participation growth.

What it means for prediction markets

  • Trading activity increased: October’s trade count rose 15 percent month over month, while monthly active traders reached about 478,000.
  • The records measure different things: October’s highs concern trade count and participation; September’s 8.8 billion dollars concerns total volume.
  • Market-level conclusions remain limited: The supplied figures do not show how activity was distributed across individual prediction markets.
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Sources & attribution

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    CryptoBriefingcryptobriefing.com
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    https://cryptobriefing.com
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