Polymarket
Crypto-based prediction market for real-world events
Polymarket is the largest prediction market platform, allowing users to buy and sell shares in various event outcomes, including politics, elections, and current events. It operates as a decentralized market where trades occur directly between users, with shares priced between $0.00 and $1.00 USDC. Successful predictions resolve at $1.00 USDC, and users can manage their positions before resolution to secure profits or minimize losses.
The platform supports a wide range of prediction markets, covering topics from U.S. presidential elections to geopolitical events. Users can deposit stablecoins like USDT or USDC to participate. Polymarket also offers tools for global accessibility and runs initiatives like the Open Builders Program to support data aggregation projects. With over 30 million users, Polymarket emphasizes real-time odds and efficient information aggregation, drawing on economic principles to enhance user experience.