Polymarket, a leading DeFi prediction market, has seen soaring engagement, driven by its innovative CTF and NegRisk markets. Users can speculate on diverse outcomes, from political elections to financial downturns. Recently, Polymarket's unique active users surged dramatically, reaching over 8,600 in a single day. The real intrigue lies in the NegRisk markets, which have consistently attracted more daily active users and transactions. But what exactly about these markets makes them so compelling, and why do they dominate user activity? Discover the unique...
Polymarket processes $1.4B as NegRisk outshines CTF markets α ▸ Polymarket ▸ Alpha
Polymarket processes $1.4B as NegRisk outshines CTF markets
Polymarket's August surge driven by US election hype shows divergence in user behavior between CTF and NegRisk markets.
4 min read
Updated: Nov. 13, 2024 at 11:18 pm UTC
Cover art/illustration via CryptoSlate. Image includes combined content which may include AI-generated content.
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USD Coin (USDC) is a stablecoin fully backed by the US dollar and developed by the CENTRE consortium.
Polymarket
Polymarket is a decentralized prediction market platform that enables users to bet on world events using cryptocurrency.
