According to Odaily, P2 Ventures shared Dune data revealing that Polymarket's cumulative trading volume has exceeded $1 billion. In July alone, the platform's trading volume reached $325 million, accounting for nearly one-third of the total. Additionally, Polymarket saw over 38,000 monthly active users (MAU) and more than 50,000 new accounts created in July, both setting new records.

Political events have been the primary driver of user interest on the platform. Among the top ten betting pools, nine are related to political events, with the only exception being an Ethereum ETF. The 2024 U.S. presidential election is the most significant event, with a betting volume of $420 million.