CryptoMediaClub
Saturday, August 2, 2025
  • All news
  • Bitcoin
  • Ethereum
  • Altcoins
  • NFT
  • Blockchain
  • Analysis
No Result
View All Result
  • All news
  • Bitcoin
  • Ethereum
  • Altcoins
  • NFT
  • Blockchain
  • Analysis
No Result
View All Result
CryptoMediaClub
No Result
View All Result
Home Analysis

Polymarket survives post-election drop-off though volume falls 60%

19.11.2024
A A
0
120
VIEWS
ShareShare

Polymarket, the leading platform for prediction markets, exhibited groundbreaking activity across its markets over recent months. With the US presidential election, major sporting events, and significant crypto milestones as central topics, the data illustrates significant user drop-off after the election. However, volume and activity mostly remain in an upward trend even without the landmark market.

Polymarket user activity (Source: Dune Analytics API)
Polymarket user activity (Source: Dune Analytics API)

Per Dune Analytics data, Polymarket recorded peak engagement for the “Presidential Election Winner 2024” market, with daily user participation exceeding 49,000 in the days surrounding the election. Sporting events like the Champions League and the Super Bowl have also seen strong interest.

Specifically, the “Super Bowl Champion 2025 market” maintained steady user participation and daily figures consistently reaching the thousands. This reinforces the platform’s post-election ability to attract a broad audience base beyond financial and political predictions, tapping into mainstream entertainment and sports.

Other markets, which primarily relate to potential crypto price movements, also garnered consistent traction, reflecting the platform’s appeal among participants seeking market-aligned insights.

Trading volumes tell a parallel story, with the US Election generating disproportionate interest. As detailed in the data, the cumulative trading volume surpassed $2.4 billion monthly, signaling a robust intersection of finance, speculation, and socio-political developments.

Polymarket monthly volume (Source: Dune Analytics API)
Polymarket monthly volume (Source: Dune Analytics API)

However, month-to-date November data suggests a fall to around $80 million per day, down from the $300 million average during the lead-up to the election. Still, if the US election markets are removed from the analysis, there is still a continued daily increase in user activity.

Polymarket daily volume (Source: Dune Analytics)
Polymarket daily volume (Source: Dune Analytics)

Polymarket’s performance during these months and continued interest in markets outside US politics highlights its persistence in the prediction market space and data indicating strong user engagement and significant trading volumes.

Current trends, therefore, suggest the crypto prediction market bubble has not popped since the end of the US election. While user interaction has fallen substantially, the data is certainly encouraging.

The post Polymarket survives post-election drop-off though volume falls 60% appeared first on CryptoSlate.

Share9Tweet6ShareSharePin2

Related Posts

Crypto tokens explode from 20k in 2022 to 18.9M following launchpad frenzy on Solana, Base, BSC
Analysis

Crypto tokens explode from 20k in 2022 to 18.9M following launchpad frenzy on Solana, Base, BSC

02.08.2025
0

The number of tradable crypto tokens has gone parabolic since 2022, with CoinMarketCap now tracking roughly 18.9 million digital assets,...

Read moreDetails
BlackRock’s BUIDL fund hit by $447M outflow after 18-month record breaking $2.8B inflow

BlackRock’s BUIDL fund hit by $447M outflow after 18-month record breaking $2.8B inflow

01.08.2025
Altcoins lead crash as $751M liquidated in last 24 hours and Bitcoin falls to July low

Altcoins lead crash as $751M liquidated in last 24 hours and Bitcoin falls to July low

01.08.2025
Bitcoin difficulty predicted to fall 5% as hashrate dips

Bitcoin difficulty predicted to fall 5% as hashrate dips

31.07.2025
Solana’s xStocks top $1.6B in first month of trading, largely driven by centralized exchanges

Solana’s xStocks top $1.6B in first month of trading, largely driven by centralized exchanges

31.07.2025
Load More
Next Post
Bitcoin Price Prediction: Analyst Projects Rally to $150K If Trends Repeat

Bitcoin Price Prediction: Analyst Projects Rally to $150K If Trends Repeat

0 0 votes
Рейтинг статьи
Subscribe
Notify of
guest
guest
0 комментариев
Oldest
Newest Most Voted
Inline Feedbacks
View all comments

Recommended

Shiba Inu Multi Million Dollars Whale Reactivated, Right Time to Buy SHIB?

Shiba Inu Multi Million Dollars Whale Reactivated, Right Time to Buy SHIB?

2 years ago
Bitwise’s Matt Hougan Makes Huge Prediction on Bitcoin’s Subsequent Bear Market

Bitwise’s Matt Hougan Makes Huge Prediction on Bitcoin’s Subsequent Bear Market

6 months ago
Bitcoin Price Crashes Toward $50K – ‘Extreme Fear’ Sparks $2 Trillion Crypto Meltdown 

Bitcoin Price Crashes Toward $50K – ‘Extreme Fear’ Sparks $2 Trillion Crypto Meltdown 

11 months ago
BTC hodlers outperformed crypto funds by 69% in H1: 21e6 Capital

BTC hodlers outperformed crypto funds by 69% in H1: 21e6 Capital

2 years ago

Categories

  • All news
  • Altcoins
  • Analysis
  • Bitcoin
  • Blockchain
  • Ethereum
  • NFT
No Result
View All Result

Highlights

ChatGPT’s 26-Indicator ETH Analysis Shows EMA Support Above $3,540 as BlackRock ETF Inflows Hit $29.83M

Visa Expands Crypto Capabilities of Its DLT Platform

WEPE Pullback Finds Strong Support Before New Test of Resistance at $0.0001249

Tourists in South Korea to Exchange USDT via Crypto ATMs

BNB Holders Can Now Earn Daily Passive Income Through the Officially Launched BNB Payment Integration by Find Mining

BlackRock’s BUIDL fund hit by $447M outflow after 18-month record breaking $2.8B inflow

Trending

Crypto tokens explode from 20k in 2022 to 18.9M following launchpad frenzy on Solana, Base, BSC
Analysis

Crypto tokens explode from 20k in 2022 to 18.9M following launchpad frenzy on Solana, Base, BSC

02.08.2025
0

The number of tradable crypto tokens has gone parabolic since 2022, with CoinMarketCap now tracking roughly 18.9...

Perplexity AI Predicts the Price of XRP, Shiba Inu and Pepe by the End of 2025

Perplexity AI Predicts the Price of XRP, Shiba Inu and Pepe by the End of 2025

02.08.2025
Why The GENIUS Act May Benefit RWA Tokenization Companies The Most

Why The GENIUS Act May Benefit RWA Tokenization Companies The Most

01.08.2025
ChatGPT’s 26-Indicator ETH Analysis Shows EMA Support Above $3,540 as BlackRock ETF Inflows Hit $29.83M

ChatGPT’s 26-Indicator ETH Analysis Shows EMA Support Above $3,540 as BlackRock ETF Inflows Hit $29.83M

01.08.2025
Visa Expands Crypto Capabilities of Its DLT Platform

Visa Expands Crypto Capabilities of Its DLT Platform

01.08.2025
  • All news
  • Altcoins
  • Bitcoin
  • Blockchain
  • Ethereum
  • NFT
  • Analysis
Editor: cryptomediaclub.com@gmail.com
Advertising: digestmediaholding@gmail.com

Disclaimer: Information found on CryptoMediaClub is those of writers quoted. It does not represent the opinions of CryptoMediaClub on whether to sell, buy or hold any investments. You are advised to conduct your own research before making any investment decisions. Use provided information at your own risk.
CryptoMediaClub covers fintech, blockchain and Bitcoin bringing you the latest crypto news and analyses on the future of money.

© 2023 Crypto News. All Rights Reserved

No Result
View All Result
  • All news
  • Bitcoin
  • Ethereum
  • Altcoins
  • NFT
  • Blockchain
  • Analysis

Disclaimer: Information found on CryptoMediaClub is those of writers quoted. It does not represent the opinions of CryptoMediaClub on whether to sell, buy or hold any investments. You are advised to conduct your own research before making any investment decisions. Use provided information at your own risk.
CryptoMediaClub covers fintech, blockchain and Bitcoin bringing you the latest crypto news and analyses on the future of money.

© 2023 Crypto News. All Rights Reserved

wpDiscuz