Let's do it again!

After a blowout July with $387M bet, mostly on the election, Polymarket had an even bigger August, with $461M bet and one more day to go.

All data curtesy of Richard Chen's Polymarket Dune dashboard.

https://dune.com/rchen8/polymarket

Also notable are the daily numbers.

July experience bigger peak days than August -- especially on rumors of Biden dropping out. But August had higher mean and media trading. Also the number of active traders has steadily went up.

So... will we maintain the current trend, see a bit of regression, of will Polymarket have another breakout month and approach or possibly exceed $600M of monthly betting?

Weekly % of money bet on elections has actually gone down a bit. About 80% of the dollars but only 65% of the users are betting on elections. So the non-election part of Polymarket is growing. Including sports, and non-election political markets like outcomes for court cases for Elon in Brazil, and Pavel Durov in France...

Resolution is simple. We go by Richard Chen's Dune dashboard.

Since there was at least one stickler who complained, please don't bet this market if you have a problem with resolution one day early when the outcome is certain.