The Block reported that with 36 days remaining until the U.S. midterm elections, cumulative trading volume in the U.S. presidential election market on Polymarket US has surpassed $545 million. Election-related contracts are now among the platform’s largest markets by volume. Data from Polymarket US also shows traders assigning a 91% probability to Democrats winning the U.S. House of Representatives, up from 73% in May. Both the trading volume figure and the probability reading were taken from U.S. election-related markets on Polymarket US.
Crypto outlet The Block reported that with 36 days left until the U.S. midterm elections, cumulative trading volume in the U.S. presidential election market on Polymarket US has exceeded $545 million.
The report said election markets rank among the largest by trading volume on the platform. Based on data from U.S. election-related markets on Polymarket US, traders currently assign a 91% chance to Democrats winning the U.S. House of Representatives, up from 73% in May.
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