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Polymarket Sees Record Market Creation Amid Declining Trader Activity
Polymarket Sees Record Market Creation Amid Declining Trader Activity
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Prediction platform Polymarket reached a historic milestone in April, with over 7,000 new markets created—a 20.7% monthly increase. The surge reflects sustained growth since mid-2024, fueled partly by U.S. election speculation.
Despite the platform’s expanding market offerings, active traders dropped 29% to 330,000 since January. Trading volume followed suit, plummeting from $2.6 billion to under $900 million during the same period.
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