Polymarket revenue run rate tops $1.8 billion
By Brie CarterKey points
- Polymarket's annualised revenue run rate has exceeded $1.8 billion, nearly doubling since June.
- Its US exchange processed more than $14.5 billion in October trading volume, compared with $4 billion in June.
- Growth comes as Polymarket pursues $1 billion in new funding at a reported $21 billion valuation, while facing regulatory scrutiny.
Polymarket's annualised revenue run rate has topped $1.8 billion, the company told CNBC.
The increase follows the expansion of Polymarket's separate US exchange, which opened broader access in May 2026.
“We welcome scrutiny,” said a Polymarket spokesperson, addressing potential regulatory oversight from US lawmakers.
October trading volume on the US exchange exceeded $14.5 billion, compared with approximately $4 billion in June, according to data analytics platform TickerTracker.
Sports events and Combo contracts helped drive activity, with bundled contracts exceeding 70% of Sunday's trading volume.
The Commodity Futures Trading Commission is investigating Polymarket's advertising practices and compliance with an earlier settlement restricting US access.
Polymarket has also begun raising $1 billion at a reported $21 billion valuation.
The revenue milestone highlights prediction markets' growing commercial reach alongside increasing regulatory questions surrounding their US operations.
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