The number of active traders in Polymarket has increased by 18%, but the average trading size has decreased

According to Golden Finance, the decentralized prediction market platform Polymarket had 286000 active trading users in July, a month on month increase of over 18%, marking the first rebound since January and ending a six-month downward trend. The number of newly launched markets during the same period exceeded 11500, an increase of 44% compared to the previous period, continuing the continuous expansion momentum of the platform since its establishment. However, the transaction volume decreased by 8.6% month on month to approximately 1.06 billion US dollars, and the average transaction volume per user decreased from 4800 US dollars in June to 3700 US dollars.