Polymarket Review 2025: The Leading Prediction Market Platform

Discover Polymarket's $13.5B+ trading volume, decentralized workflow, and why it's dominating prediction markets—plus a full comparison with Kalshi.

Polymarket Overview: Revolutionizing Prediction Markets in 2025

Launched in 2020, Polymarket is the world's largest decentralized prediction market platform, built on the Polygon blockchain and powered by USDC stablecoin. In 2025, it has solidified its position as a go-to for betting on real-world events, from US elections and crypto prices to sports outcomes and economic indicators. With over 60,000 active markets and cumulative trading volume exceeding $13.5 billion year-to-date, Polymarket leverages blockchain for transparent, tamper-proof trading. Its recent CFTC approval for US relaunch in September 2025, following a $112M acquisition of QCX, marks a pivotal expansion. Whether you're a crypto enthusiast or event speculator, Polymarket offers low-cost, global access to crowd-sourced probabilities that often outperform polls.

Polymarket Key Statistics and Facts for 2025

Polymarket's growth in 2025 has been explosive, driven by post-election momentum, institutional investments, and broader market adoption. Here's a breakdown of the latest metrics:

$13.5 Billion

Cumulative Trading Volume YTD (October 2025)

$1.5 Billion

September 2025 Monthly Volume

450,000+

Active Traders (as of February 2025)

500,000+

Registered Accounts

$118.67 Million

Total Value Locked (TVL) on Polygon

6.08 Million

Monthly Website Visits (August 2025)

$31.95 Million

24-Hour DEX Volume (Recent)

24,000+

New Markets Created in September 2025

How Polymarket Works: Step-by-Step Workflow

Polymarket operates as a hybrid decentralized exchange: Orders are created and matched off-chain for efficiency, then settled on-chain via smart contracts on Polygon. Users trade YES/NO shares representing event probabilities (priced $0-$1, where $1 = 100% chance). Resolution uses oracles like UMA for truthful outcomes, ensuring fair payouts.

Detailed Workflow Steps

  1. Market Access: Connect a wallet (e.g., MetaMask) and deposit USDC via fiat on-ramps like MoonPay.
  2. Market Selection: Browse 60,000+ markets in categories like Politics, Crypto, Sports, Economics.
  3. Bet Order Creation: Buy/sell YES/NO shares at current prices (e.g., buy YES on "US Recession 2025?" at $0.35 for 35% odds).
  4. Signing & Submission: Sign EIP-712 order off-chain; submit to operator for matching.
  5. Smart Contract Interaction: Matches execute via CTFExchange.sol—direct trades, minting (create shares), or merging.
  6. On-Chain Storage: Orders stored on Polygon; live state updated in real-time.
  7. Resolution & Settlement: Oracles confirm outcomes; winners redeem shares for $1, losers $0.
  8. Withdrawal: Transfer USDC back to wallet or fiat off-ramp.

Key Features of Polymarket in 2025

Polymarket Security and Regulation in 2025

Polymarket's blockchain foundation ensures non-custodial trading—users control funds via wallets, reducing hack risks. No major incidents reported; smart contracts audited regularly. In 2025, it paid a $1.4M CFTC fine (resolved), acquired QCX for US compliance, and received CFTC greenlight for relaunch. KYC optional but required for high volumes/US users. Best practices: Use hardware wallets, enable 2FA on on-ramps.

Polymarket vs Kalshi: Detailed Comparison 2025

Kalshi, a CFTC-regulated fiat platform, competes directly but differs in focus. Polymarket leads in crypto/politics; Kalshi in US economics/sports. Combined, they hit $4.5B monthly volume in September 2025.

Feature Polymarket Kalshi
Platform Type Decentralized, Blockchain (Polygon, USDC) Centralized, Regulated (USD, Fiat)
2025 Volume $13.5B cumulative; $1.5B Sept $50B annualized; 66% market share Sept
Markets 60,000+ (Politics, Crypto, Global Events) Thousands (Economics, Sports, Weather; US-Focused)
Fees 0% platform; ~$0.01 gas 0.5-1% per trade; no gas
Accessibility Global, No KYC basic; Crypto Wallet US-Only, KYC Required; Bank/ACH
Valuation $9B (post-$2B ICE investment) $5B (post-$300M raise)

Pros and Cons of Polymarket in 2025

Pros

  • Massive liquidity and accurate predictions (outperformed polls in 2024 elections).
  • Zero fees, low gas costs—ideal for frequent traders.
  • Global access with 500K+ users; easy wallet integration.
  • Broad markets (24K new in Sept); blockchain transparency.
  • Strong growth: $13.5B volume, $9B valuation, US relaunch.

Cons

  • Crypto-only (USDC required; fiat on-ramps add steps/fees).
  • Regulatory risks (past CFTC fine; Nobel bets investigation).
  • Potential manipulation in low-volume markets.
  • Wallet security user-dependent; learning curve for non-crypto users.
  • Post-election user drop (DAU from 300K to 5-10K in mid-2025).

Polymarket 2025 Verdict: The Future of Crowdsourced Intelligence

Polymarket is unmatched for decentralized prediction trading in 2025, blending blockchain efficiency with real-world utility. With $13.5B volume and expanding US access, it's perfect for speculators seeking edge over traditional betting. Start with small USDC bets on hot markets like crypto prices or sports—its transparency and low costs make it addictive.

Sign Up on Polymarket Now – Get Started with USDC Today!

Frequently Asked Questions (FAQs) About Polymarket 2025

What is Polymarket and how does it work in 2025?

Polymarket is a decentralized prediction market platform on the Polygon blockchain using USDC. Users bet on event outcomes via YES/NO shares, with trades matched on-chain and resolved by oracles. In 2025, it supports over 60,000 markets with $13.5B+ cumulative volume.

What are Polymarket's trading fees?

Polymarket charges zero platform fees for deposits, withdrawals, or trading. Users only pay Polygon network gas fees (minimal, ~$0.01 per transaction) and potential intermediary fees from on-ramps like Coinbase.

Is Polymarket safe and regulated in 2025?

Yes, Polymarket is non-custodial on blockchain for transparency. In September 2025, the CFTC approved its US relaunch after acquiring QCX for compliance. It has no major hacks, but users should secure wallets.

How does Polymarket compare to Kalshi?

Polymarket is crypto-native, global, and decentralized with $13.5B 2025 volume, focusing on politics/crypto. Kalshi is US-regulated, fiat-based with $50B annualized volume, emphasizing economics/sports. Polymarket offers lower fees; Kalshi better for USD users.

Can I use fiat on Polymarket?

Directly no—Polymarket uses USDC. Buy USDC via fiat on-ramps like MoonPay or Coinbase, then bridge to Polygon. Recent 2025 updates added easier BTC funding.

What are the best Polymarket markets in 2025?

Top categories: Politics (e.g., 2026 elections), Crypto (ETH price, Bitcoin adoption), Sports (NFL outcomes), Economics (recession odds). September 2025 saw 24,000+ new markets, with FOMC decisions hitting $220M volume.