Polymarket: Only 12.7% of user wallets are profitable! đ
- According to Layerhub, 87.3% of wallets on Polymarket are not profitable, only 12.7% are profitable.
- Only 2,138 users earned over $1,000, most of them earned between $0-$100.
- Polymarket recorded 10.8 million staking transactions, with over 300,000 transactions per day from October 6-8.
- Not all wallets represent individual users, many users have multiple wallets to increase their chances of winning.
- 25,000 wallets participated in over 50 transactions, 58,000 wallets participated in only 1-5 transactions.
Interest in crypto staking is still not decreasing! Open interest on Polymarket reached $161.1 million on October 9.
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