1. Trading volume on Polymarket in September: key growth drivers

In September 2024, Polymarket's trading volume reached $533.51 million, up $61.51 million from August. This growth demonstrates the market's strong dependence on two factors: the upcoming 2024 US presidential election and the tense geopolitical situation.

2. Political uncertainty as the main catalyst

Anticipation of the US elections is always a flurry of activity in predictive markets. People invest based on possible scenarios affecting the economy, domestic and foreign policy. The current 2024 campaign has become especially interesting given the polarization of society and new candidates. Polymarket gives traders the opportunity to quickly react to news, adjusting their forecasts and, accordingly, trades. The increase in trading volume by $61.51 million is due to high volatility and a variety of possible election outcomes.

3. Geopolitics as a factor of uncertainty

Growing conflicts on the international stage, sanctions and changes in economic unions create additional uncertainty. As a result, users actively participate in disputes on Polymarket, where bets are made not only on political events, but also on their economic consequences. Political forecasts have become one of the most popular markets on the platform, as they directly affect global financial flows and the behavior of participants.

4. Active users growth: 41% more per month

The number of active users of the platform increased by 41% in September, which also played a role in the increase in trading volume. The increase in the number of participants who actively place bets and make forecasts indicates that the platform is becoming more popular among new users. This is due to both the interest in political events and the opportunity to quickly make money on unpredictable scenarios. Such growth demonstrates that Polymarket was able to attract not only experienced traders, but also new players willing to test their forecasts in conditions of increasing volatility.

The current growth in trading volume on Polymarket highlights the importance of political and geopolitical events to forecast markets. In the face of global uncertainty, demand for platforms like Polymarket continues to grow, attracting more participants.