Data: 84% of Traders on Polymarket Are in Loss

robot
Abstract generation in progress

On April 7, independent on-chain analyst Andrey Sergeenkov released a study revealing that 84.1% of traders on Polymarket are currently at a loss. The report analyzed 2.5 million wallet addresses and found that over the past year, only 2% of traders on the platform have accumulated profits exceeding $1,000, and only 0.033% (or 840 addresses) have made profits of $100,000 on Polymarket. ‘Most traders come to trade for a while and then leave,’ the report concluded. The study found that the probability of making a monthly profit of $5,000 declines month by month. Among 6,600 traders who averaged over $5,000 in monthly profits, only 2.6% remained active for more than a year.

This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pin