Donald Trump is set to become the President of the United States. A prediction market called Polymarket saw its status grow from political betting, and it resolved its flagship market on who would win the race. The US presidential election was a big success for the prediction market and became a key source for non-crypto-native media publications.
The market saw $3.64 billion worth of volume, with $1.5 billion going to Trump, $1 billion for Harris, and $72 million for Joe Biden. Polymarket’s CEO, Shayne Coplan, sees the result as vindication of his product and encourages people to trust the markets, not the polls.
