Publicly available trading volume data from Drift Protocol

Drift Protocol's BET Hits $20M, Surpasses Polymarket in 24-Hour Volume

Aug 29, 2024, 11:33 AM

Drift Protocol's BET, a Solana-based prediction market, has achieved a significant milestone by surpassing Polymarket in 24-hour trading volume for the first time. BET on DRIFT recorded a $20 million volume, overtaking Polymarket's $12.4 million and $13 million in different reports. This achievement comes just one week after BET's launch, marking a nearly tenfold increase from its previous daily all-time high of $2.3 million. The surge in activity highlights the growing interest in Solana's prediction markets.