ChainCatcher News, according to Dune data, the trading volume of the prediction market Polymarket has reached $1.7 billion in December so far, which is lower than October ($2.28 billion) and November ($2.577 billion).

Additionally, the number of active trading users on Polymarket in December hit a record high of 309,228; the number of new accounts reached 231,556. Aside from the decrease in trading volume, the platform's open contract positions have also declined, from a peak of nearly $500 million ($474 million) to the current $117 million, a reduction of over 75%.