Polymarket's annualized revenue exceeds $1.8 billion, and its US site's trading volume reached $14.5 billion in October.

The prediction market platform Polymarket has generated over $1.8 billion in annualized revenue, and that figure exceeded $1 billion in June of this year. Polymarket's US site saw nominal trading volume exceed $14.5 billion in October, compared to $4 billion in June. The World Cup, the start of the NFL season, and the increasing popularity of bundled event contracts drove the growth, with bundled event contracts accounting for over 70% of the platform's trading volume on November 8th. (Source: CNBC)