Polymarket recorded a monthly decline in trading volume on its international platform in May, its second consecutive monthly fall.
According to on-chain data platform Dune Analytics, Polymarket processed just under US$7.1 billion in trading volume during the month, down from more than US$9 billion in April.
Both figures were below the platform’s March peak of US$10.5 billion. The international platform also saw a decline in active users, falling from more than 780,000 participants in March to fewer than 650,000 in May.
The decline follows a period of significant expansion, with trading volume increasing by more than 850% between August and March, and that trend has continued with the company’s US site.
