{"id":15449,"date":"2024-07-23T14:14:32","date_gmt":"2024-07-23T11:14:32","guid":{"rendered":"https:\/\/forklog.com\/en\/polymarket-transactions-surge-to-record-228-million\/"},"modified":"2024-07-23T14:14:32","modified_gmt":"2024-07-23T11:14:32","slug":"polymarket-transactions-surge-to-record-228-million","status":"publish","type":"post","link":"https:\/\/forklog.com\/en\/polymarket-transactions-surge-to-record-228-million\/","title":{"rendered":"Polymarket Transactions Surge to Record $228 Million"},"content":{"rendered":"<p>Since the beginning of July, transactions on Polymarket have surged to $228 million, surpassing any other month in the history of the prediction platform. This data is provided by <a href=\"https:\/\/dune.com\/rchen8\/polymarket\">Dune Analytics<\/a>.<\/p>\n<p>For comparison, the figure for June was $111.6 million.<\/p>\n<figure class=\"wp-block-image size-full\"><img decoding=\"async\" src=\"https:\/\/forklog.com\/wp-content\/uploads\/1-1117.webp\" alt=\"1-1117\" class=\"wp-image-237534\"\/><figcaption class=\"wp-element-caption\">Data: Dune Analytics.<\/figcaption><\/figure>\n<p>The platform registered a record 41,348 users over the month.<\/p>\n<figure class=\"wp-block-image size-full\"><img decoding=\"async\" src=\"https:\/\/forklog.com\/wp-content\/uploads\/2-838.webp\" alt=\"2-838\" class=\"wp-image-237535\"\/><figcaption class=\"wp-element-caption\">Data: Dune Analytics.<\/figcaption><\/figure>\n<p>The number of active traders in July (30,814) also exceeded the June figure (29,432).<\/p>\n<figure class=\"wp-block-image size-full\"><img decoding=\"async\" src=\"https:\/\/forklog.com\/wp-content\/uploads\/3-475.webp\" alt=\"3-475\" class=\"wp-image-237536\"\/><figcaption class=\"wp-element-caption\">Data: Dune Analytics.<\/figcaption><\/figure>\n<p>The robust growth in metrics is linked to the commencement of the U.S. presidential election campaign. The total volume of open positions on its winner reached $338.1 million.<\/p>\n<figure class=\"wp-block-image size-full\"><img decoding=\"async\" src=\"https:\/\/forklog.com\/wp-content\/uploads\/4-305.webp\" alt=\"4-305\" class=\"wp-image-237537\"\/><figcaption class=\"wp-element-caption\">Data:\u00a0<a href=\"https:\/\/polymarket.com\/event\/presidential-election-winner-2024?tid=1721204555810\" target=\"_blank\" rel=\"noreferrer noopener\">Polymarket<\/a>.<\/figcaption><\/figure>\n<p>In July, amid the excitement surrounding the U.S. presidential race, the cryptocurrency options exchange Deribit launched a new contract on the election outcome.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Since the beginning of July, transactions on Polymarket have surged to $228 million, surpassing any other month in the history of the prediction platform. This data is provided by Dune Analytics. For comparison, the figure for June was $111.6 million. Data: Dune Analytics. The platform registered a record 41,348 users over the month. Data: Dune [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":15448,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"","news_style_id":"","cryptorium_level":"","_short_excerpt_text":"","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[842,1148],"class_list":["post-15449","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-politics","tag-polymarket"],"aioseo_notices":[],"amp_enabled":true,"views":"28","promo_type":"","layout_type":"","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/15449","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/comments?post=15449"}],"version-history":[{"count":0,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/15449\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media\/15448"}],"wp:attachment":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media?parent=15449"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/categories?post=15449"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/tags?post=15449"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}