Polymarket’s volume drops 60% after the election, but survives.

Polymarket survives post-election drop-off though volume falls 60%

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Polymarket, the world’s leading platform for prediction market, has seen a surge in activity on its platforms over the past few months. The data shows a significant drop in users after the US Presidential election. Volume and activity remain largely in an uptrend even without the landmark crypto market.

Polymarket user activity (Source: Dune Analytics API)
Polymarket users activity (Source : Dune Analytics API).

Dune Analytics data shows that Polymarket has recorded peak engagement during the period. “Presidential Election Winner 2024&#8221The market has seen a strong interest in the days around the elections, with a daily user participation of more than 49,000. Sports events such as the Super Bowl and Champions League also attracted a large audience.

The specifics of the “Super Bowl Champion 2025 market&#8221The platform has maintained a steady level of user participation, with daily numbers consistently in the thousands. This reinforces the platform’s post-election ability to attract a broad audience base beyond financial and political predictions, tapping into mainstream entertainment and sports.

Other markets, which primarily relate to potential crypto price movements, also garnered consistent traction, reflecting the platform’s appeal among participants seeking market-aligned insights.

Trading volumes are telling a similar story. The US Election generated disproportionate interest. According to the data, monthly cumulative trading volume has exceeded $2.4 Billion, which indicates a vibrant intersection of finance and speculation with socio-political development.

Polymarket monthly volume (Source: Dune Analytics API)
Polymarket Monthly Volume (Source: Dune Analytics API

However, the data from November to date suggests a drop to about $80,000,000 per day. This is down from $300,000,000 on average in the weeks leading up to the elections. Even if US election markets were removed from the analysis there was still an increase in daily user activity.

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Polymarket daily volume (Source: Dune Analytics)
Polymarket Daily Volume (Source: Dune Analytics

Polymarket’s performance during these months and continued interest in markets outside US politics highlights its persistence in the prediction market space and data indicating strong user engagement and significant trading volumes.

The current trends suggest that the crypto prediction bubble hasn’t burst since the US elections. The data are encouraging, even though user interaction has dropped significantly.

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leadzevs/ author of the article

LeadZevs (John Lesley) is an experienced trader specializing in technical analysis and forecasting of the cryptocurrency market. He has over 10 years of experience with a wide range of markets and assets - currencies, indices and commodities.John is the author of popular topics on major forums with millions of views and works as both an analyst and a professional trader for both clients and himself.

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