Polymarket is experiencing a surge in demand, with bets on the U.S. election accounting for 46% of its yearly volume.
The platform's popularity is due to the advantages of decentralized prediction markets over traditional polling methods.
Recent market trends show a shift, with Donald Trump gaining a significant lead over Kamala Harris in betting odds on Polymarket.
The success of Polymarket highlights the real-world utility of decentralized finance applications and the integration of DeFi with predictive analytics.