Polymarket Builders Surpass $125M Weekly Trading Volume Milestone

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Polymarket builders reported a trading volume of $125 million last week, marking the third consecutive week they have exceeded the $100 million target. During this period, the number of weekly trading addresses remained above 10,000 for more than two weeks, indicating growing interest and activity in the sector. Bet Moar leads the market in total trading volume, achieving over $550 million and capturing a 50.6% market share. Other platforms such as PolyTraderPro, PolyCop, Stand, PolyMtrade, and PrediTrade also recorded trading volumes exceeding $50 million.

Regarding trading addresses, PolyMtrade became the first builder to surpass 10,000 traders and is utilizing its fees for token buybacks. Additionally, other builders including Polygon, PolyQul, PolyCop, Based, Rainbow, Chance, Bet Moar, and PolyBot achieved more than 1,000 trading addresses each. Polymarket builders are emerging as a new generation of alternative financial platforms that leverage blockchain technology to offer users more transparent and efficient financial services. The continuous growth in trading volume and user base signals new opportunities in the decentralized finance (DeFi) space.

While this growth presents opportunities for investors, the market’s volatility and technical complexities pose risks. The future success of these platforms will depend on their performance and their ability to address regulatory and technical challenges.

Source: binance