Polymarket Hits $1.1B Volume Despite Fewer Traders

Polymarket Hits $1.1B Volume Despite Fewer Traders
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Polymarket’s trading volume surged to $1.1 billion in May, marking four straight months of growth despite declining active traders. The platform’s partnership with X (formerly Twitter) aims to revolutionize real-time market insights with AI-driven analytics.

  • Polymarket's May trading volume hit $1.1B despite a 4-month decline in active traders.
  • New X partnership leverages Grok AI and live social data for real-time market analysis.
  • Platform accurately predicted 2024 U.S. election outcome, earning Elon Musk's public endorsement.
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