Polymarket just crossed $1B+ in annualized revenue.
One interesting detail from CNBC's article is that Polymarket's U.S. exchange is only just getting started.
The platform was waitlisted until six weeks ago, still has no desktop version, and users have to download the app to trade. Despite those limitations, daily volume has already grown from around $50M to over $200M.
If this level of activity is possible before a full desktop launch, it'll be interesting to see how much further the platform can scale.
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