BlockBeats News, December 17th, according to Dune Analytics, the open interest of the prediction market Polymarket has been continuously rising throughout the year, recently hitting a yearly high of approximately $326 million, a 170% increase from the beginning of the year when it was around $120 million. In terms of market structure, the sports, political, and crypto sectors rank in the top three with shares of 46.6%, 21.12%, and 12.4% respectively. Additionally, due to a large number of market settlements at the end of each month, around one-third of open interest contracts are closed at the end of the month.
During the U.S. presidential election period in November last year, Polymarket set a historical record of $385 million in open interest contracts in the political sector, reaching a total contract volume of $410 million. In Bitwise’s 2026 Top 10 Crypto Market Predictions released yesterday, it was mentioned that next year, Polymarket’s open interest will reach a new all-time high, surpassing the levels seen in the 2024 U.S. election.
