According to ChainCatcher, P2 Ventures shared Dune data on social platforms showing that Polymarket's cumulative trading volume exceeded $1 billion, of which $325 million was traded in July, accounting for nearly one-third. In addition, its MAU (monthly active users) has exceeded 38,000 so far in July, and the number of newly created accounts has exceeded 50,000, both of which are record highs.

Political events dominate the platform's user interest, with 9 of the top 10 betting pools related to politics, with the only exception being the Ethereum ETF. The 2024 U.S. presidential election event ranked first with $420 million in bets.