{"id":5614,"date":"2025-01-04T09:23:00","date_gmt":"2025-01-04T01:23:00","guid":{"rendered":"http:\/\/www.tocoin.com\/?p=5614"},"modified":"2025-01-04T14:08:58","modified_gmt":"2025-01-04T06:08:58","slug":"polymarkets-cumulative-trading-volume-in-2024-will-exceed-us9-billion","status":"publish","type":"post","link":"http:\/\/tocoin.com\/index.php\/2025\/01\/04\/09\/23\/00\/5614\/","title":{"rendered":"Polymarket&#8217;s cumulative trading volume in 2024 will exceed US$9 billion"},"content":{"rendered":"\n<p>data compiled by The Block shows that Polymarket, a predicted market platform, has achieved exponential growth in multiple indicators by 2024, including active traders, trading volume, and open interest (OI), reaching its historical high earlier this year. The platform&#8217;s cumulative trading volume has exceeded $9 billion, with November alone reaching a historical high of $2.63 billion in monthly trading volume. In December, the number of active traders reached a new high of 314,500 people, while open interest (OI) reached a historical high of $510 million during the US election in November.<\/p>\n\n\n\n<p>Polymarket&#8217;s monthly trading volume growth rate for the whole year was 66.5%. In January 2024, Polymarket&#8217;s trading volume was only $54 million, but by November, this number had risen to over $2.6 billion, an increase of nearly 48 times in one year.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>data compiled by The Block shows that Polymarket, a pre [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[20],"tags":[],"_links":{"self":[{"href":"http:\/\/tocoin.com\/index.php\/wp-json\/wp\/v2\/posts\/5614"}],"collection":[{"href":"http:\/\/tocoin.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/tocoin.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/tocoin.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"http:\/\/tocoin.com\/index.php\/wp-json\/wp\/v2\/comments?post=5614"}],"version-history":[{"count":1,"href":"http:\/\/tocoin.com\/index.php\/wp-json\/wp\/v2\/posts\/5614\/revisions"}],"predecessor-version":[{"id":5652,"href":"http:\/\/tocoin.com\/index.php\/wp-json\/wp\/v2\/posts\/5614\/revisions\/5652"}],"wp:attachment":[{"href":"http:\/\/tocoin.com\/index.php\/wp-json\/wp\/v2\/media?parent=5614"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/tocoin.com\/index.php\/wp-json\/wp\/v2\/categories?post=5614"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/tocoin.com\/index.php\/wp-json\/wp\/v2\/tags?post=5614"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}