Polymarket open interest drops 64% after US presidential election
Companies
• November 8, 2024, 5:24PM EST
Published 1 minute earlier on Quick Take
Open interest on Polymarket soared to $510.95 million by Nov. 5 and subsequently fell to $184.16 million by Nov. 8, The Block’s data shows.
The decentralized prediction market Polymarket saw its open interest plunge 64% following the United States presidential election on Nov. 5, in which Republican Donald Trump was elected as the 47th president. Open interest on Polymarket soared to $510.95 million by Nov. 5 a...
Read more at theblock.co