Before the election between Donald Trump and Kamala Harris, the Polygon-powered Polymarket buzzed with activity as bettors wagered on the presidential outcome. In addition to the presidential race, bettors placed bets on a range of election topics, including candidates for the Senate and House of Representatives and even Federal Reserve rate-cut decisions.
On Nov. 6, just a day after ballots were cast, Polymarket’s trading volume reached an impressive $191 million, according to data collected from Dune Analytics. Today, however, the volume tells a different story, standing at approximately $26 million, with $39 million recorded the previous day.
Since the election, daily volumes haven’t exceeded $40 million. Meanwhile, the number of active daily bettors is dwindling fast. Dune Analytics shows the highest single-day user activity, over 53,000, also occurred on Nov. 6. But today, that number is down to 16,269, with a count above 29,000 the day before. Additionally, Polymarket’s open interest has plummeted from a peak of $450 million to a current $179 million.
It appears that without an election, Polymarket’s 2024 growth might be losing some of its heat. As the election buzz fades, Polymarket’s recent highs in engagement and volume are swiftly cooling. With daily activity and open interest dropping, the platform’s post-election numbers reflect a quieter trading phase ahead. Whether Polymarket can regain momentum or if this dip signals a return to steadier levels remains to be seen in the weeks ahead.
免责声明:本文章仅代表作者个人观点,不代表本平台的立场和观点。本文章仅供信息分享,不构成对任何人的任何投资建议。用户与作者之间的任何争议,与本平台无关。如网页中刊载的文章或图片涉及侵权,请提供相关的权利证明和身份证明发送邮件到support@aicoin.com,本平台相关工作人员将会进行核查。