Polymarket posts $1 billion annualized revenue as user base expands

Polymarket’s annualized revenue has topped $1 billion, according to a source quoted by Reuters. The surge follows the platform’s recent rollout of a U.S. exchange and a $2 billion investment by Intercontinental Exchange, the parent of the New York Stock Exchange, underscoring growing institutional interest in prediction markets.

A Bitget Wallet study of 857,377 Polymarket users found that roughly 60 % made their first on‑chain trade on the prediction‑market app without ever using a decentralized exchange. The analysis reported daily volumes reaching about $6 billion during the mid‑June 2026 FIFA World Cup kickoff, driven by event‑based betting. Stablecoin USDC was the primary settlement asset, highlighting how prediction markets are becoming a mainstream entry point to crypto finance.