Number of Active Traders on Polymarket Jumps 18%, but Average Trade Size Declines
According to Jinse Finance, the decentralized prediction market platform Polymarket saw its number of active trading users in July reach 286,000, an increase of over 18% month-on-month. This marks the first rebound since January, ending a six-month downward trend. During the same period, more than 11,500 new markets were launched, representing a 44% month-on-month increase and continuing the platform’s steady expansion since its inception. However, trading volume fell by 8.6% month-on-month to approximately $1.06 billion, with the average transaction amount per user dropping from $4,800 in June to $3,700.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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