Official Polymarket announcements

Polymarket Hits $1 Billion in Betting Volume with 5.2 Million Bets on 0xPolygon

Jul 29, 2024, 06:55 AM

Polymarket has achieved a significant milestone by processing USD $1 billion worth of betting volume on the 0xPolygon platform. With 5.2 million bets placed, the average bet amounts to approximately $194. This achievement is notable considering Polymarket's initial seed investment of $4 million. The success underscores the effective utilization of 0xPolygon's technology in the decentralized prediction market space. Congratulations have been extended to Shayne Coplan and the Polymarket team for their accomplishment.