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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

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