Analysis: 84% of traders on Polymarket are in a loss position

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ChainCatcher reports that, according to The Defiant, independent on-chain analyst Andrey Sergeenkov’s latest research found that 84.1% of traders on Polymarket are in a losing position.

The report analyzed 2.5 million wallet addresses. Sergeenkov found that over the past year, only 2% of traders on the platform have accumulated profits exceeding $1,000, while just 0.033% (i.e., 840 addresses) of traders have reached profits of $100k on the Polymarket platform.

“Most traders just come to trade for a while and then leave,” the report concluded. The study found that the probability of earning $5,000 per month declines month over month. Among 6,600 traders who average more than $5,000 in monthly profits, only 2.6% remain consistently active for more than a year.

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