Catenaa, Monday, September 08, 2025- Decentralized prediction market Polymarket recorded its highest monthly total of new markets in August as it prepares to re-enter the United States.
The platform created 13,800 new markets last month, surpassing July’s tally by roughly 2,000.
Markets allow users to place wagers on the outcome of global events using cryptocurrency, from elections to entertainment.
Polymarket rose to prominence during the November 2024 presidential election and is now seeking to resume U.S. operations after more than three years.
Earlier, CEO Shayne Coplan said the company had received clearance to relaunch, following a no-action position from the Commodity Futures Trading Commission and the acquisition of derivatives exchange QCEX.
The return marks a major milestone after Polymarket halted U.S. activity in January 2022 amid a federal probe, which was dropped in July. The platform has also gained high-profile backing, with Donald Trump Jr. joining its advisory board last month and Elon Musk’s X announcing a partnership in June.
Despite the surge in new markets, overall activity has slowed. Active traders fell to about 227,000 in August, the lowest since last October. Total volume has remained flat near $1 billion in recent months, well below the $2.6 billion recorded during the 2024 election.
