Polygon-based Polymarket hits $2 billion in volumes after bets on ‘Satoshi’

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Polygon-based Polymarket hits $2 billion in volumes after bets on ‘Satoshi’
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Blockchain-based betting site, Polymarket, has seen a rapid hike in user activity and transactions over the last few months...

Blockchain-based betting site, Polymarket, has seen a rapid hike in user activity and transactions over the last few months. In fact, according to Dune Analytics, all-time trading volumes on Polymarket have surpassed $2 billion now, with this growth largely driven by speculation around the winner of the U.S Presidential election.betting platform hit $486 million. This number could climb significantly this month, given that month-to-date volumes have already surpassed $161 million.

POL was trading at $0.384, at press time, after 1.92% gains in 24 hours. This, after it fell by over 10% in just 7 days.

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