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Polymarket open interest plummeted 64% after the election, falling to $184.16 million on November 8
2024-11-10 09:16
Odaily News After the US presidential election ended on November 5, the open interest of the decentralized prediction market Polymarket plummeted by 64%, and Republican Donald Trump was elected the 47th president. The Block data showed that Polymarket's open interest soared to $510.95 million on November 5, and then fell to $184.16 million on November 8. Polymarket founder and CEO Shayne Coplan once wrote on the X platform on November 6: "There is no doubt that Polymarket single-handedly determined the election results."