According to Golden Finance, data compiled by The Block shows that multiple indicators of the prediction market platform Polymarket have achieved exponential growth in 2024, including active traders, trading volume and open interest (OI), and reached 2024 levels earlier this year. historical high level. The platform has accumulated more than $9 billion in trading volume, with monthly trading volume reaching an all-time high of $2.63 billion in November alone. The number of active traders reached a new high of 314,500 in December, while open interest (OI) hit an all-time high of $510 million during the US election in November. Polymarket’s monthly volume growth for the full year was 66.5%. In January 2024, Polymarket’s trading volume was only $54 million, but by November, this number had risen to more than $2.6 billion, an increase of nearly 48 times in a year.