Polymarket survives post-election drop-off though volume falls 60%

Polymarket, the leading prediction markets platform, has shown groundbreaking activity in its markets in recent months. With the US presidential election, major sporting events and major crypto milestones as central topics, the data illustrates a significant post-election user decline. However, volume and activity remain largely in an uptrend even without the historical market.

Polymarket user activity (source: Dune Analytics API)
Polymarket user activity (source: Dune Analytics API)

According to Dune Analytics data, Polymarket included maximum engagement for the ‘Presidential Election Winner 2024’ market, with daily user participation of over 49,000 in the days surrounding the elections. Sporting events such as the Champions League and the Super Bowl have also seen great interest.

Specifically, the “Super Bowl Champion 2025 market” maintained steady user participation and daily figures consistently reached the thousands. This strengthens the post-election platform’s ability to attract a broad audience beyond financial and political predictions, tapping into mainstream entertainment and sports.

Other markets, primarily related to potential cryptocurrency price movements, also received consistent attention, reflecting the platform’s appeal among participants seeking market-oriented insights.

Trading volumes tell a parallel story, with the US elections generating disproportionate interest. As detailed in the data, cumulative trading volume exceeded $2.4 billion monthly, indicating a robust intersection of finance, speculation and socio-political developments.

Polymarket Monthly Volume (Source: Dune Analytics API)Polymarket Monthly Volume (Source: Dune Analytics API)
Polymarket Monthly Volume (Source: Dune Analytics API)

However, figures from November to date show a decline to around $80 million per day, compared to the average of $300 million in the run-up to the election. But if the US election markets are excluded from the analysis, there is still a continued daily increase in user activity.

Polymarket daily volume (Source: Dune Analytics)Polymarket daily volume (Source: Dune Analytics)
Polymarket daily volume (Source: Dune Analytics)

Polymarket’s performance during these months and continued interest in markets outside of US politics highlight its persistence in the prediction market space and data indicating strong user engagement and significant trading volumes.

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Current trends therefore suggest that the crypto prediction market bubble has not burst since the end of the US elections. Although user interaction has decreased significantly, the data is certainly encouraging.

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