Polymarket (@polymarket) just did $6.9 BILLION+ in sports and politics volume in one month.
• Sports volume hit a new ATH: $4.29B in April
• Politics volume hit a new ATH: $2.61B
• Open interest: $589.75M (+400% last 9m)
• TVL: $579.40M (+397% last 9m)
• Monthly fees hit a new ATH: $32.35M
cc: @Drake
More insights:
Polymarket has launched nearly 1 million new markets in the first five months of 2026 — more than 50x its entire 2020-2024 output.
Two years ago @Polymarket was called a political prediction market with side bets. Today it’s the market for everything.
Polymarket will be this cycle's OpenSea. Permanently delayed token launch. Huge raises at 11 figure valuations. Product category name definer. Perpetually buggy and often broken user interface. No real technological moat. No sustainable revenue model. When bubble pops so will it.