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Polymarket Open Interest Reaches $540 Million, Surpassing 2024 Election Peak

The post says activity on Polymarket is now spread across sports, crypto, and politics rather than being driven mainly by the 2024 election cycle.

Summary

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Terms & Concepts
  • Open interest: The total value of active outstanding positions in a market, often used to gauge participation and liquidity.
  • Polymarket: A prediction market platform where users trade on the outcomes of future events using blockchain-based infrastructure.