Prediction market platform Polymarket has surpassed $1 billion in annualized revenue, marking a significant inflection point for the emerging asset class.
The figure, reported by sources familiar with the matter, highlights the accelerating adoption of prediction markets by retail investors seeking to trade on political and economic outcomes.
The revenue milestone comes shortly after Polymarket lifted its waitlist for U.S. users, a move that significantly expanded its addressable market.
This expansion has driven a surge in trading volume, validating the platform's business model as it transitions from a niche crypto-native product to a mainstream financial instrument.
The rapid growth suggests that prediction markets are becoming a viable alternative to traditional polling and sentiment indicators for market participants.
Regulatory scrutiny remains a key backdrop to this growth.