PANews Data: 63% of short-term markets on Polymarket had zero transactions in the past 24 hours, with 505 top contracts accounting for 47% of the trading volume.

PANews January 8 News, PANews recently analyzed 295,000 historical market data points from the Polymarket platform. The data shows:

  1. More than 60% of short-term markets have become “zombies”: among active markets with a cycle of less than 1 day, 63.16% of contracts had a 24-hour trading volume of 0.
  2. Lack of liquidity in crypto short-term trading: the average trading volume in short-term sports markets ($1.32 million) is 30 times higher than in crypto ($44,000), indicating a lack of capital support for crypto short-term predictions.
  3. Extreme head effect: only 505 super contracts with a trading volume of over $10 million (a very small proportion) account for 47% of the total trading volume across the platform.
  4. Large funds favor long-term: the average liquidity for long-term predictions (>30 days) is 45 times that of single-day markets, with U.S. political predictions leading at an average of $28.17 million.
  5. Geopolitical rise: this sector accounts for 29.7% of active engagement, becoming the fastest-growing track. Data indicates that Polymarket is differentiating into “high-frequency sports betting” and “macro political hedging,” with liquidity highly concentrated in a very small number of top narratives.
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to Disclaimer.

Related Articles

XRP tests $1.33 as rising leverage and weak price action create unstable setup

XRP remains near $1.33, experiencing a fragile market with rising leverage and failed upward momentum. Traders should watch for breaks below $1.33 or reclaiming $1.35-$1.36 to assess future direction.

CoinDesk1h ago

Bittensor ecosystem reaches $1.5 billion as TAO surges thanks to the Jensen Huang effect.

Bittensor's TAO has seen a significant increase this month, driving the value of its subnet tokens up. With a total market cap of about $1.47 billion, it operates as a decentralized AI network. Notable endorsements from Nvidia's CEO have heightened interest, raising questions about the sustainability of this growth.

TapChiBitcoin1h ago

VRA Soars Past $0.000044 — 24.57% Surge Catches Traders Off Guard

VRA's price surged 24.57% in five minutes to $0.000044, driven by whale activity and increased market sentiment. With a trading volume of over $33.7 billion, traders are monitoring key resistance and support levels for future movements.

Coinfomania1h ago

Solana challenges Ethereum: Can the SOL/ETH pair reclaim the 0.05 mark in Q2?

The long-term growth of a blockchain network is always tied to the size of the developer ecosystem. As more and more developers join in building, the pace of infrastructure upgrades accelerates, which in turn attracts more users to layer 1 (L1), increases on-chain activity, and boosts the network’s overall value.

TapChiBitcoin1h ago

Bitcoin may record its second consecutive six-month decline in history, following its first consecutive six-month drop, after which it surged by 208%.

BlockBeats news, on March 29, according to Coinglass data, Bitcoin's return rate for March this year is currently reported at -0.76%, which may mark the sixth consecutive month of decline. Historically, Bitcoin has only experienced a similar situation once: from August 2018 to January 2019, it fell approximately 54.8% over six months. Subsequently, Bitcoin saw a continuous rise for five months (from February 2019 to June 2019), with a total increase of up to 208%.

BlockBeatNews2h ago
Comment
0/400
No comments