Polymarket Hits $1.16B Volume Amid Fewer Traders

Polymarket experienced a notable trading volume increase, reaching $1.16 billion in June 2025. This represents a substantial growth compared to June 2024, continuing momentum from the 2024 U.S. election when volumes were previously high.

CEO Shayne Coplan leads Polymarket but has provided no recent statements on this volume rise. Active traders numbered 241,000, marking a decrease since the January 2025 post-election peak.

Increasing average position sizes suggest a shift towards larger investments per trade. The platform’s heavy utilization of ETH and USDC for transactions has driven this high-volume performance, yet does not directly affect their market values significantly.

On-chain stablecoin volume, particularly USDC, has risen on Polygon, attributed to Polymarket activity. However, existing financial oversight since the 2024 U.S. election influences regulatory dynamics. No official comments were made by crypto leaders regarding this surge.

Similar volume spikes occurred during the November 2024 U.S. election, with a notable trader number reduction post-event. Such activity mirrors previous platform trends, where overall trader numbers consolidate after initial user growth phases.

Kanalcoin analysts note the possible persistence of high-value market engagement at Polymarket could indicate a matured trading environment. ETH and USDC stability’s role within this market highlights strategic investment during uncertain regulatory conditions.