Express

Decentralized Prediction Markets See A Boost Leading Up To US Election

Emily Mason

Summary: The U.S. election has boosted decentralized prediction markets, according to data compiled by The Block. The data showed that open interest on the betting platform Augur has been increasing by $1 million or 25% daily leading up to election day on Tuesday, November 3. Polymarket, another betting platform, saw $3.5 incoming funds to its election-related markets ...

The U.S. election has boosted decentralized prediction markets, according to data compiled by The Block.

The data showed that open interest on the betting platform Augur has been increasing by $1 million or 25% daily leading up to election day on Tuesday, November 3. Polymarket, another betting platform, saw $3.5 incoming funds to its election-related markets representing 91% of its market.

By Emily Mason

Last Update:

Tags: ,,,
Link: Decentralized Prediction Markets See A Boost Leading Up To US Election   [Copy]
Next:

Related Articles

  • From Data Rights to Digital Property: Whistleblower Brittany Kaiser on Blockchain, RWA,... 3 days ago
  • The Base Chain's Ascent: How Deep Coinbase Integration and JPMorgan's Pilot Are Reshapi... 9 days ago
  • Tether in Trouble? U.S. Senate Just Passed a Law That Could Dethrone the $155B Stableco... 12 days ago
  • Justin Sun's Nasdaq Gamble: How Six Years Forged Ties with the Trump Family 13 days ago
  • The Crypto IPO Wave: From Fringe to Front Page 16 days ago

    • You need to login to comment.