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@gsb
According to data compiled by TheBlock, Polymarket, a market platform, achieved exponential growth in multiple indicators for 2024, including active traders, trading volume, and open interest (OI), reaching historical highs earlier this year. The platform has accumulated a trading volume of over 9 billion US dollars, with monthly trading volume reaching a historic high of 2.63 billion US dollars in November alone. The number of active traders reached a new high of 314500 in December, while open interest (OI) reached a historic high of $510 million during the November US election period. The monthly trading volume growth rate of Polymarket for the whole year was 66.5%. In January 2024, Polymarket's trading volume was only $54 million, but by November, this number had risen to over $2.6 billion, an increase of nearly 48 times within a year. @iupac
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