Scan to Download Gate App
qrCode
More Download Options
Don't remind me again today

Bloomberg: Polymarket's volume has been significantly inflated due to "wash trading".

On November 7, according to a report by Bloomberg, a recent study by researchers at Columbia University pointed out that the trading activity volume of Polymarket, one of the most popular prediction markets, is significantly exaggerated by so-called “wash trading”—the behavior of users frequently buying and selling the same contracts within a short period of time. The study's conclusion shows that this phenomenon, referred to by researchers as “artificial trading,” varies over time but has averaged about 25% of Polymarket's total trading volume over the past three years.

View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
0/400
No comments
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
English
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)