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This week was a crazy one in US politics, which had all kinds of implications for crypto markets, it turns out.
Maybe the biggest winner amid all the turbulence is Polymarket, the prediction market that’s become the leading one in crypto following a $45 million Series B round led by Founders Fund in May.
According to a Dune dashboard, Polymarket has seen its usage skyrocket in recent months to over $150 million in volume in July alone. This is up from roughly $6.6 million in December 2023.
Its presidential election winner market has nearly $300 million worth of bets with more than three months to go before the election.
Read more: Biden debate performance shakes up…
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