Data: Only 12.7% of user wallets on Polymarket are profitable
On October 10th, according to Layerhub data, only 12.7% of users' wallets on the decentralized prediction market platform Polymarket are profitable. Out of 171,113 wallets, only 21,730 have achieved profitability, with most users making less than $100 in profit. Only 2,138 wallets have made over $1,000 in profit. Nevertheless, Polymarket's total open contract amount is still $161 million.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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