adminPolymarket in talks to raise $400M at a $15B valuation: Report
In recent developments, polymarket’s potential $15 billion valuation would still put it below the $22 billion valuation of competitor platform Kalshi in its latest funding round. Looking closer, market participants…
Polymarket Strait of Hormuz Odds Crash After Iran Fires on Tankers
In recent developments, polymarket’s contract on Strait of Hormuz traffic returning to normal by April 30 collapsed to 28% Yes on Saturday after Iran reimposed shipping restrictions and Iranian Revolutionary…
Polymarket odds of Hormuz Strait traffic normalizing by end of May spike to 73%
In recent developments, traders on the Polymarket prediction market platform place the odds of the Strait returning to normal traffic by May 31, 2026, at 73%. Looking closer, market participants…
Polymarket bets removed from Google News after brief appearance: Report
In recent developments, polymarket links briefly appeared under mainstream outlets in Google News results for event-driven queries but were later removed. Looking closer, market participants highlight key drivers such as…
99.99% of Polymarket traders shouldn’t quit their day jobs, data suggests
In recent developments, while nearly 16% of Polymarket users are in profit, only a tiny fraction have made gains large and consistent enough to entertain walking away from their day…
Why Long-Term Profitability Remains Elusive for 99% of Polymarket Users
In recent developments, despite the hype surrounding massive payouts, a report by Andrey Sergeenkov reveals that 84.1% of Polymarket traders are unprofitable. The report shows that high earnings are extremely…
Polymarket bags 97% of onchain prediction market fees after pricing overhaul
In recent developments, polymarket has become one of decentralized finance’s highest fee-generating protocols, pulling in about $7.1 million in fees in the first week of the second quarter. Looking closer,…
Polymarket to Launch Stablecoin, Order Book Overhaul in Prediction Market Upg…
In recent developments, polymarket is overhauling its technical foundations and launching a stablecoin as it aims to improve the user experience and order book. Looking closer, market participants highlight key…
Prediction Market Boom Continues With Polymarket and Kalshi Leading $25.7B Month
In recent developments, by the numbers, prediction markets recorded their second-highest notional volume over a two-year period. Data compiled by Dune Analytics shows that roughly seven platforms tallied $25.7 billion…
Polymarket drops USDC.e for USDC-backed token in exchange overhaul
In recent developments, polymarket is upgrading its exchange infrastructure in the coming weeks, introducing new contracts and a USDC-backed token while phasing out a bridged stablecoin. Looking closer, market participants…