Polymarket's trading volume has exceeded $275 million so far in July, setting new highs for monthly trading volume and number of traders.

The decentralized prediction market Polymarket recorded a new high in monthly trading volume in July, exceeding $275 million so far this month. Additionally, the platform's monthly active users have surpassed a historical high of over 33,000, more than an 8-fold increase since January (when it was around 4,000). At the same time, the platform's open contract positions have reached an all-time high of approximately $65 million. (The Block)

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