Analyst: Polymarket US 54 per cent to $5 billion in trade turnover in July

Polymarket US grew 54 per cent to $5 billion in the July round, while its offshore platform trade fell by 26 to $7.9 billion. According to Galaxy, the dichotomy between the two may indicate that some United States users are moving from offshore to regulated United States platforms. Rutgers University Statistician Harry Crane estimates that approximately 30 per cent of the transactions on the Polymarket offshore platform may come from United States users, but that percentage is not empirical user data because chain transactions do not identify the location of the user. Polymarket US cancelled the application alternate list in May and opened it further to eligible United States users。