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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...

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