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Ignas
@DefiIgnas
Subscribe to my DeFi blog to get ahead of the curve 👉 Co-founder of @PinkBrains_io DeFi Creator Studio
Joined February 2017
1.9K Following    164.4K Followers
Polymarket's daily active wallets are down 70% from March. Txs down from ~4M to ~1.3M a day. A few reasons that happened: - The World Cup ended July (But wallets and txs were declining before the tournament even started so...) - March fee expansion could be part of it - Crypto natives are degen trading memes/stocks Also, general crypto market recovered so trading opportunities are more ample. It's great we have onchain prediction markets, since when crypto is flat & boring, traders can go to PMs instead of leaving onchain altogether. NFL and Premier League are back now. Let's see if that brings volumes as well. P.s. thanks @JasonYanowitz for the Pro sub.
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