Software #polymarket#prediction market
Study Finds US Traders Funneled Billions to Polymarket Despite Federal Ban
A study by Rutgers statistician Harry Crane estimates that US-based traders funneled between $10.6 billion and $26.7 billion through Polymarket from May 2025 to April 2026, representing about 30% of the platform's total volume. The trades occurred despite Polymarket being banned in the US since 2022 for operating as an unregistered derivatives platform. The study, commissioned by the Coalition for Prediction Markets, used indirect behavioral proxies to identify US activity, as traders often use VPNs to bypass restrictions.
Jun 15, 2026 1 source