Polymarket’s cumulative trading volume exceeds $1 billion

According to data dashboard of The Block, decentralized prediction market platform Polymarket has accumulated trading volume exceeding $1 billion since its launch. Over the past year, the platform has played an increasingly important role in the cryptocurrency field, attracting users who are keen to trade based on predictions of various outcomes (especially political events). In June, Polymarket's cumulative trading volume was $663 million, and in July it surged by about 58% to reach $1.05 billion.