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Data: Polymarket's Super Bowl event prediction trading volume reaches 1.1 billion US dollars

Data: Polymarket's Super Bowl event prediction trading volume reaches 1.1 billion US dollars

Bitget2025/02/10 07:06

The decentralized prediction market platform Polymarket set a trading volume of 1.1 billion dollars at this Super Bowl event. The Philadelphia Eagles defeated the Kansas City Chiefs with a score of 40-22, and user "abeautifulmind" profited $550,000 by betting on the Eagles, while user "hubertdakid" lost $718,000 due to reverse betting.

Data shows that the cumulative trading volume of Polymarket's sports-related contracts has exceeded 6 billion dollars, surpassing the US election prediction market's 5.2 billion dollars.

Despite facing regulatory pressure, including demands from the U.S. Commodity Futures Trading Commission (CFTC) for user data, the platform continues to grow rapidly. Cryptocurrency lawyer Aaron Brogan pointed out that unlike traditional gambling platforms, prediction markets earn income through transaction fees rather than users' wins or losses.

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Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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