According to news from Coinworld on December 17, Dune data shows that the open contract volume on the prediction market Polymarket has been continuously rising this year, recently reaching a peak of about $326 million, an increase of approximately 170% compared to around $120 million at the beginning of the year. In terms of market structure, the shares of the three major sectors—sports, politics, and crypto—ranked in the top three, accounting for 46.6%, 21.12%, and 12.4%, respectively. Additionally, due to a large number of market settlements at the end of each month, about one-third of the open contracts are closed at the end of the month. Polymarket set a historical record for total contract volume at $410 million last November during the U.S. elections, with $385 million in open contracts in the political sector. In a report released yesterday by Bitwise on the top ten cryptocurrency market predictions for 2026, it was mentioned that next year, the open contract volume on Polymarket will reach a historical high, exceeding the levels seen during the 2024 U.S. elections.
