Polymarket resolves $3.6B U.S. presidential election betting market contracts

U.S. presidential election-related betting contracts on decentralized prediction market platform Polymarket have been resolved following Donald Trump’s election success, CoinDesk has reported. Cumulative trading volume in respect to election-related betting contracts was finally tallied at $3.6 billion. A platform user under the name “Theo,” who bet on Donald Trump winning the election, was found to have earned the largest profit ($47.5 million).