Golden Finance reports that 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’s cumulative trading volume exceeded 9 billion US dollars, and the monthly trading volume in November alone reached a record high of 2.63 billion US dollars; the number of active traders in December reached a new high of 314,500; and open interest (OI) in the United States in November It hit a record high of $510 million during the election. 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.