Polymarket Volume Reporting Discrepancy Sparks Debate
Paradigm co-founder Matt Huang ignited controversy with research suggesting Polymarket may have inflated trading volumes through potential double-counting. The allegation, shared via social media platform X, centers on what Huang describes as a data aggregation error in the prediction market's reporting methodology.
Analysts note the implications extend beyond Polymarket, as the alleged discrepancy could distort metrics across third-party analytics platforms relying on its data. The claims arrive as prediction markets gain traction among crypto traders seeking hedges against geopolitical and macroeconomic events.
Industry observers remain divided. Critics from competing platforms accuse Huang of sour grapes—Paradigm backs rival prediction platform Kalshi—while data integrity advocates argue the findings merit independent verification. Neither Polymarket nor Paradigm immediately responded to requests for comment.
