
Polymarket, a prediction market platform, has experienced a notable decline in trading volume following the recent elections. Daily volume dropped to $62 million as of November 11, down significantly from a peak of $371 million on election day. Despite this decline, some analysts suggest that the platform's activity remains relatively stable, with daily volumes reported between $30 million and $40 million in various markets. The platform is now focusing on predicting future actions of former President Donald Trump, indicating a shift in user interest post-election. The overall user activity and trading metrics are being closely monitored as the market adjusts to the post-election landscape.
Now that election is over, how much will @Polymarket daily volume fall off? So far... not that much! Down from Nov 5th peak, but basically at election-time levels if we exclude the final week. Doing $30-40M per day, in all kinds of markets... https://t.co/arZYQHa51j https://t.co/h4h52ylJrH
Polymarket Faces Significant Post-Election Lull in Trading Volume, User Activity https://t.co/y3UmfZV5Bd
Polymarket metrics one week post-election https://t.co/ycyFkq669m
