Polymarket surpasses NFT volume #NFTRewards
Not to be outdone, Polymarket also netted a notable achievement this month: doing more volume than all NFTs across all chains combined, according to The Block's data and CryptoSlam. While NFTs only logged about $377 million in volume over the past 30 days, Polymarket has seen $463 million in value traded on its platform.
Polymarket's population of active traders has steadily increased since May as the 2024 Presidential Election draws closer, according to The Block's data. The platform even counts election forecaster Nate Silver as an advisor, though U.S. users are not officially permitted to use the site.
The prediction marketplace currently shows former President Donald Trump with a slight lead over Vice President Kamala Harris to win the 2024 Presidential Election. Nearly three-quarters of one billion dollars has been bet on the outcome.