data compiled by The Block shows that Polymarket, a predicted market platform, has achieved exponential growth in multiple indicators by 2024, including active traders, trading volume, and open interest (OI), reaching its historical high earlier this year. The platform's cumulative trading volume has exceeded $9 billion, with November alone reaching a historical high of $2.63 billion in monthly trading volume. In December, the number of active traders reached a new high of 314,500 people, while open interest (OI) reached a historical high of $510 million during the US election in November.

Polymarket's monthly trading volume growth rate for the whole year was 66.5%. In January 2024, Polymarket's trading volume was only $54 million, but by November, this number had risen to over $2.6 billion, an increase of nearly 48 times in one year.