Polymarket, a decentralized predictions platform, has seen a surge in trading volume, hitting $100 million in June, largely driven by bets on the US presidential election. Currently, the platform holds $203.3 million worth of bets on the "Presidential Election Winner 2024". Donald Trump leads with 62% odds, followed by Joe Biden with a 21% chance of re-election. Other notable figures, like Kanye West and Elizabeth Warren, also have bets placed on them, albeit with less than 1% chance of winning. Polymarket, which operates on the Ethereum sidechain Polygon, has also seen a 115% increase in active traders to 29,266 in June.