Only 13.6% of users on the prediction platform Polymarket made a profit, with most of them earning less than $100. These findings come from the Layerhub service.

According to the calculations, this accounts for 24,565 wallets, meaning that 86.4% of users — 156,010 clients — ended up at a loss.

Profitable Addresses

Of all the wallets reporting profits, only 2,146 users earned more than $1,000. The majority earned less than $100. 7,465 wallets fell into the income category between $100 and $1,000.

The platform recorded around 10.8 million transactions, with a daily transaction increase exceeding 300,000 from October 6 to 8. In addition to the upcoming US presidential elections, users’ activity was also influenced by the escalating geopolitical situation.

Activity Statistics

More than 26,000 wallets completed over 50 transactions.

Around 33,700 wallets made between 20 and 50 transactions.

Nearly 59,000 addresses had between 1 and 5 transactions.

At the time of writing, the open interest on Polymarket stood at $158.8 million. The total volume of transactions reached nearly $2.4 billion, with the total number of transactions surpassing 11.1 million.

Polymarket Investments and Plans

In September, ForkLog reported that Polymarket aims to raise $50 million and is considering issuing tokens. In May, the platform already secured $70 million in two funding rounds, with participation from General Catalyst, DragonFly Capital, ParaFi Capital, Vitalik Buterin, and others.

It is also worth noting that Polymarket has been integrated into Bloomberg’s terminal.