Polymarket's daily active wallets are down 70% from March

CN
3 hours ago

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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