Deniz 
Polymarket, a distributed prediction tool, gathered around $900 million in bets for the US 2024 presidential candidate chosen.
Leading the pace with an estimated 50% chance of winning and a bet exceeding $127 million, U.S. Vice President and Democratic presidential contender Kamala Harris follows. At 49% winning chances and an almost $144 million bet, Republican presidential candidate Donald Trump finishes in second. Originally leading Harris in the Polymarket bet, Trump had been leading Harris backwards on Aug. 12 when the winner’s prediction market was $572 million.
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Beyond the contenders, Polymarket prediction markets concentrate on various facets of the 2024 presidential contest, including the possibility of Trump uttering “crypto” or other phrases in the discussion between him and Harris. To be sure, neither of the candidates brought up cryptocurrencies at the Sept. 10 Philadelphia debate.
Polymarket’s meteoric rise in the last four months has mostly been driven by the 2024 presidential contest. According to The Block’s Data Dashboard, August saw Polymarket’s highest-ever number of active traders and monthly volume—63,6200 and $472.84 million, respectively. As of Sept. 13, the platform’s total volume comes out to be $1.75 billion.
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