Polymarket daily volume hits $480M, second-highest ever

Decentralized prediction market Polymarket recorded its second-highest daily trading volume ever at $478 million, The Block reported via X. This marks the highest volume since the 2024 U.S. presidential election. However, unlike past peaks that were concentrated on specific political events, the recent surge in volume was spread across a diverse range of topics, including sports, cryptocurrency, and geopolitical issues.