Polymarket's Annualized Revenue Tops $1.8 Billion

Prediction market platform Polymarket says its annualized revenue has topped $1.8 billion. The company told CNBC on November 10, 2026; in June it had put the figure above $1 billion, so the run rate has nearly doubled in five months.

Details

The growth comes from Polymarket's US exchange, launched in May 2026 and operated separately from its international decentralized platform. According to CNBC, citing analytics platform TickerTracker, notional trading volume on the US exchange topped $14.5 billion in October, up from $4 billion in June. Big events drove the surge: the FIFA World Cup in summer and the NFL season kickoff in September.

CNBC also notes that the company began a $1 billion funding round in August at a $21 billion valuation. The revenue figure is an annualized run rate stated by the company, not audited results.

Polymarket remains under regulatory scrutiny. As we reported earlier, the CFTC reopened a probe into whether the platform broke its 2022 settlement on US user access. A company spokesperson told CNBC: "We welcome scrutiny."

What it means for the market

Prediction markets are becoming a sizeable business at the crossroads of finance and crypto, and Polymarket remains the largest venue settling in the USDC stablecoin. The platform is also a data source for CoinLab: Polymarket odds on bitcoin's price appear in the Market Pulse section on the front page. Further growth depends on US regulatory decisions, including the CFTC's rule on event contracts.

Not investment advice.