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The Defiant 2025-02-14 12:07:31

Polymarket Volume Drops in February, But Active Users Remain Healthy

While Polymarket’s volume has dropped off since the U.S. presidential election, the prediction market did not crater in December and January, buoyed by the Superbowl and sports betting in general. February does not look so strong, however, with the month on track for a steep dropoff, with just $341 million halfway through the month, according to Dune Analytics. Compare that with October’s $2.5 billion in volume, November’s $2.6 billion, December’s $1.9 billion and January’s $1.25 billion, and the drop looks steep. To continue reading this as well as other DeFi and Web3 news, visit us at thedefiant.io

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