Home Polymarket Sees Sharp Rise In Users & Trading As Prediction Markets Gain Momentum

Polymarket Sees Sharp Rise In Users & Trading As Prediction Markets Gain Momentum

By Ruchi SharmaNovember 4, 20251 Mins read854 Views

Polymarket Sees Sharp Rise In Users & Trading As Prediction Markets Gain Momentum

Polymarket recorded a surge in activity last month, reporting a record 477,850 monthly traders in October, nearly doubling September’s figure and marking a return to growth after mid-year declines. Monthly trading volume also hit a new high of $3.02 billion, following months of sub-$1 billion totals.

The platform launched 38,270 new markets in October, nearly tripling August levels, as interest rebounded around major geopolitical and financial events and rising retail speculation. While centralized rival Kalshi remains dominant in trading volume, Polymarket’s momentum is being fueled by anticipation of a native POLY token and airdrop.

Polymarket aims to relaunch in the U.S. by the end of November after resolving a 2022 CFTC case with a $1.4 million settlement. The renewed activity demonstrates strong demand for decentralized prediction markets, with traders seeking both speculative edges and airdrop eligibility.

You need to login in order to Like

Written by

Ruchi Sharma -

Ruchi Sharma is a seasoned media professional with over 20 years of experience in the industry, including 4 years dedicated to Blockchain Industry and Web3. Holding a Master’s degree in Mass Communication and a Bachelor’s degree in Commerce, Ruchi combines academic excellence with a dynamic career that spans across roles as an Anchor, Writer, Correspondent, and Producer.

Her transition into the blockchain sector reflects a deep passion for emerging technologies, with a sharp focus on NFTs, Blockchain innovation, and Decentralized ecosystems. Leveraging her extensive media background, Ruchi excels at breaking down complex concepts into engaging narratives, making her a trusted voice for audiences navigating the fast-evolving Web3 space.

Known for her editorial precision and journalistic depth, Ruchi brings a rare blend of storytelling expertise and technical insight, ensuring her work remains impactful, informative, and forward-looking in the rapidly transforming digital economy.