Polymarket World Cup market volume tops $4B, beats US election record

Cumulative trading volume on Polymarket's World Cup prediction market has surpassed $4 billion, setting a new all-time high for the platform, The Block reported. This figure exceeds the approximately $3.69 billion traded on the 2024 U.S. presidential election market, previously the largest single market on Polymarket. With about two weeks remaining until the end of the World Cup, The Block noted that the market's cumulative volume is likely to increase further.