Gate News bot message, new analysis reveals that nearly 50% of Polymarket’s trading volume may be inauthentic. Out of $337 million in daily volume, 28% ($94.7 million) comes from airdrop farmers trading in stagnant markets that remain below 2% or above 98% for over 36 hours to inflate wallet statistics. Additionally, 23% ($76.1 million) consists of bot activity flipping BTC up/down bets every 15 minutes with no actual prediction purpose.
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to
Disclaimer.
Related Articles
Polymarket predicts that the probability of Bitcoin falling to $65,000 in March has increased to 49%.
Gate News, on March 22, as Bitcoin briefly dropped below $69,000, the prediction probability of "Bitcoin falls to $65,000 in March" on the Polymarket prediction market rose to 49%. Additionally, the probability of predicting Bitcoin falling to $60,000 is 16%, and the probability of predicting it rising to $80,000 is 12%.
GateNews43m ago
Polymarket Data: Probability of Bitcoin Exploring 45,000 USD Within the Year at 47%, Higher Than the 38% Probability of Returning to 100,000 USD
Gate News reports that on March 22, data from the prediction market Polymarket shows that the probability of Bitcoin falling to $45,000 within the year is currently 47%, higher than the 38% chance of it returning to $100,000, indicating a somewhat weaker short-term outlook. This data is based on the prediction market on its platform titled "What price will Bitcoin reach in 2026?"
GateNews1h ago
Kalshi Raises $1 Billion to Double Valuation to $22 Billion: Reports
Kalshi has raised $1 billion in funding, increasing its valuation to $22 billion, doubling from its last round in December. This growth reflects the rapid investment trend in prediction markets, forecasted to reach $95.5 billion by 2035.
Decrypt8h ago
Kalshi Faces TRO in Nevada Over Event-based Markets
A Nevada court issued a temporary restraining order against Kalshi, preventing it from offering event-based contracts without proper licensing. This reflects growing regulatory scrutiny on prediction markets, which face challenges in classification and regulation, especially concerning gambling laws.
TodayqNews10h ago
Backpack Token Launches on Polymarket on Day 1 with FDV Exceeding $300 Million, Betting Probability Drops to 58%
Gate News reports that on March 21, Polymarket prediction market data shows that the probability of Backpack token's FDV (fully diluted valuation) exceeding $300 million on its first day of listing has dropped to 58%. Regarding other brackets, the probability of FDV exceeding $200 million is 91%, exceeding $100 million is 99%, and breaking through $500 million is approximately 13%.
GateNews11h ago
