Polymarket's prediction platform has reported annual revenue exceeding $1 billion, as announced to CNBC. This growth occurred just six weeks after the company opened access to its U.S. platform without a waiting list.
According to Dune Analytics, daily trading volume on the platform in the U.S. surged from around $50 million in mid-May to $200 million by June 20. Meanwhile, the international version of Polymarket saw record volumes during the World Cup.