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Polymarket's cumulative trading volume exceeds $1 billion, accounting for nearly a third in July

According to Dune data shared by P2 Ventures on X, the cumulative trading volume of Polymarket exceeded 1 billion US dollars, of which the trading volume reached 325 million US dollars in July, accounting for nearly one-third. In addition, its MAU (MAU) has exceeded 38,000 so far in July, and the number of newly created accounts has exceeded 50,000, both hitting a record high. Political events dominate the platform's user interest, with nine of the top 10 betting pools related to politics, with the only exception being the Ethereum ETF. The 2024 US Presidential Election event topped the list with $420 million in bets.