Polymarket Airdrop Rumors Amid Record Market Growth
- Prediction markets hit a record $146M TVL, doubling in two months, with Polymarket leading at $121M.
- Polymarket rumors suggest a potential airdrop as trading volume surges.
- Polymarket reported $472.8M in trading volume for August 2024, up 5,961% from last year.
Polymarket Airdrop Buzz as Prediction Market Surge
The prediction market sector has experienced significant growth, with the total value locked (TVL) exceeding $146 million, representing a record high and a doubling from two months ago.
DefiLlama data reveals that PolyMarket leads the market with a TVL of $121 million, followed by several other platforms including Azuro, Lumi Finance, Gnosis Protocol v1, Augur, EtherFlip, and WINR Protocol, each with a TVL exceeding $1 million. This substantial growth is evidenced by the sector's TVL of $77.42 million on July 10, which has now doubled.
Is Polymarket Planning an Airdrop Amid Prediction Market Surge?
People are chatting about Polymarket launching its own token soon. There might even be an airdrop for users. They haven’t confirmed anything yet but trading volume has really picked up—especially during the U.S. election cycle.
The Polymarket crew thinks they’ll see the airdrop next year. And guess what? They don’t charge transaction fees! Back in May 2024, they raised $70 million with support from Vitalik Buterin too.
This year has been huge for Polymarket! They pulled in nearly $450 million in trading volume for August alone. On top of that, they hit over 60,000 active traders in a month according to Dune data.
Their growth has been remarkable—especially after the 2024 U.S. presidential election—and there’s lots of buzz about possibly launching a token to keep up this energy. Well, in August alone, their monthly volume skyrocketed to $472.8 million! That’s a jaw-dropping 5,961% boost compared to last August when it was just $7.8 million.
Polymarket's also been seeing more new accounts—71,670 were created in August 2024! That’s way up from 3,916 accounts last year and even more than the 3,700 accounts made before the March election!
Conclusion
The prediction market scene is booming like never before with PolyMarket leading way ahead! Their trading volumes & user sharing have taken off especially during the wild ride of the 2024 U.S. presidential election! Even though nothing's set in stone yet about talks of new tokens or airdrops just yet… everyone’s watching closely and hopeful for some exciting moves from Polymarket as they continue to grow welcomed by traders & investors alike.
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