According to Jinse Finance, the decentralized prediction market platform Polymarket had 286,000 active trading users in July, a month-over-month rise of over 18%, marking the first increase since January and ending a six-month declining trend. During the same period, the number of new markets launched exceeded 11,500, with a month-over-month growth of 44%, continuing the platform's ongoing expansion momentum since its establishment. However, the volume decreased by 8.6% month-over-month to approximately $1.06 billion, and the average transaction amount per user dropped from $4,800 in June to $3,700.
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The number of active traders on Polymarket surged by 18%, but the average trade size decreased.
According to Jinse Finance, the decentralized prediction market platform Polymarket had 286,000 active trading users in July, a month-over-month rise of over 18%, marking the first increase since January and ending a six-month declining trend. During the same period, the number of new markets launched exceeded 11,500, with a month-over-month growth of 44%, continuing the platform's ongoing expansion momentum since its establishment. However, the volume decreased by 8.6% month-over-month to approximately $1.06 billion, and the average transaction amount per user dropped from $4,800 in June to $3,700.