In 2024, Polymarket achieved a record transaction volume of $9 billion and attracted 314,500 active traders, marking an exceptional year. The prediction platform saw a monthly growth of 66.5%, hitting a transaction volume record of $2.63 billion in November. Transactions grew from $54 million in January to over $2.6 billion in November, indicating a 48-fold increase during the year. Capital circulation peaked at $510 million during the US elections but decreased by 76.5% to $120 million in December. However, the monthly active traders increased from 4,000 in the beginning of the year to over 314,500 in December. Post-election, sports-related markets became the most popular section of the platform, reflecting users’ shift from political to short-term markets.
