As reported by Odaily, decentralized prediction market platform Polymarket saw a significant increase in October, with monthly active users reaching 477,900, a 93.7% rise from September and a new record. Platform monthly trading volume rebounded to $3.02 billion, also a new high, while the number of new markets added reached 38,300, nearly triple that of August. Polymarket plans to relaunch in the U.S. by the end of November and will launch its native token POLY along with an airdrop. Meanwhile, U.S.-compliant prediction market platform Kalshi led the market with $4.4 billion in monthly trading volume, reinforcing its dominant position. In early October, Kalshi secured $300 million in funding, valuing the company at $5 billion, and attracted more investor attention.
Polymarket Monthly Active Users Reach 477,900, Kalshi Leads Prediction Market with $4.4B Volume
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