The Block's aggregate data shows that the 2024 prediction market platform Polymarket has seen exponential growth across multiple metrics, including active traders, volume, and non-positioned squaring contracts (OI), reaching an all-time high earlier this year. Cumulative trading volume on the platform exceeded $9 billion, 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 unpositioned squaring contracts (OIs) hit an all-time high of $510 million during the US election in November. Polymarket's monthly volume growth is 66.5% throughout the year. In January 2024, Polymarket's volume was just $54 million, but by November, that figure had risen to over $2.60 billion, a nearly 48-fold increase in one year.