U.S. users remain the largest group of participants in political markets on the global platform Polymarket, both in terms of wallet numbers and contract volume, according to a report by Allium.
The platform restricted access for American users following a $1.4 million settlement with the CFTC in 2022. Allium identified the country in only 6% of wallets, making the data approximate. According to Rutgers, U.S. users may account for about 30% of the platform's trading volume.