Choose Rich Live
Crypto News

Polymarket reports annualized revenue has exceeded $1.8 billion

Polymarket has told CNBC that its annualized revenue has topped $1.8 billion, driven by surging trading volume on its U.S. platform.

Polymarket logo and wordmark against a solid blue background.
Image: @TheBlockCo

Prediction market platform Polymarket told CNBC that its annualized revenue has surpassed $1.8 billion, according to reports from CNBC and The Block. The figure marks a substantial increase from June, when annualized revenue stood at more than $1 billion.[1][2]

The company's financial growth aligns with rapid expansion across its U.S. exchange operations. Monthly trading volume on Polymarket's U.S. platform reached $14.5 billion in October, climbing sharply from $4 billion recorded in June. The gains come even as the platform continues to face regulatory scrutiny from the Commodity Futures Trading Commission.[2][3]

Key facts

  • Polymarket told CNBC that its annualized revenue has topped $1.8 billion.
  • The company's annualized revenue was previously reported at more than $1 billion in June.
  • Trading volume on Polymarket's U.S. platform surged to $14.5 billion in October from $4 billion in June.
  • Polymarket continues to face regulatory scrutiny from the CFTC.

Sources · 3 sources

  1. CN

    CNBC@CNBCPost on X ·

    Polymarket says annualized revenue has topped $1.8 billion https://t.co/CkYAVOgks5

    Open source
  2. TB

    The Block@TheBlockCoPost on X ·

    NEW: Polymarket's annualized revenue has topped $1.8 billion, up from more than $1 billion in June, it told CNBC. Trading volume on its U.S. prediction market platform surged to $14.5 billion in October from $4 billion in June, despite ongoing regulatory scrutiny from the CFTC. https://t.co/08ViJG1rAJ

    Open source
  3. CB

    Crypto BriefingArticle ·

    Polymarket says annualized revenue tops $1.8 billion as US exchange scales Polymarket's rapid revenue growth highlights the potential of regulated prediction markets, but sustaining momentum requires continuous event engagement. The post Polymarket says annualized revenue tops $1.8 billion as US exchange scales appeared first on Crypto Briefing .

    Open source