Nearly four years after its government-mandated exit, Polymarket is primed for its official return to the U.S. A flurry of activity over the past few weeks has pushed awareness and interest in the self-described “world’s largest prediction market” to an all-time high.
Rising anticipation for Polymarket’s U.S. relaunch comes as its monthly trading volume has reached record-breaking peaks. For the month of November, according to Dune Analytics, Polymarket’s notional trading volume reached a monthly high of $4.3 billion, topping its previous high of $4.2 billion in October of last year, when the U.S. presidential election was a huge volume driver.
In the past week, there have been a few other indicators that Polymarket US is set up for a big return to its country of origin. Sunday, founder and CEO Shayne Coplan was featured on 60 Minutes. And, this morning, Coplan noted on X that Polymarket had vaulted to the top of the sports chart in Apple’s App Store.
that was quicker than expected pic.twitter.com/LRVOOqpSP7
— Shayne Coplan 🦅 (@shayne_coplan) December 1, 2025
Polymarket ramps up U.S. beta testing
Polymarket’s rise in the App Store comes despite the app not yet being available to the general public in the U.S. In a settlement with the government, which accused Polymarket of operating without the necessary approval of the Commodity Futures Trading Commission (CFTC), the company agreed to pay a $1.4 million civil monetary penalty and block U.S. users from accessing the platform.
Polymarket exited the U.S. market in January of 2022. This summer, the company purchased the CFTC-approved exchange QCEX and its clearinghouse for $112 million, which put it on the path for relaunch.
The company has been beta testing the Polymarket app since mid-November, with select traders receiving invites to join in. Invited users have been sharing screenshots on social media related to their trading experience, which appears to initially be limited to sports event contracts.
UFC CEO Dana White is one of those early-invite users who recently shared a preview of the new-look Polymarket app. Polymarket announced last month that it was teaming with the UFC to showcase its real-time odds during broadcasts.
early access on @Polymarket 🔥 can’t wait for UFC markets to be added pic.twitter.com/fITkNfmzQm
— danawhite (@danawhite) November 30, 2025
InGame reported last month that Polymarket’s beta testing had been increasing throughout November, with more than $500,000 in weekly trades being made by mid-month.
App listing says ‘just sports for now’
You can also see a preview of the Polymarket US app in the App Store, where it has been updated three times over the past five days. The App Store listing now states, “With over 30 million users globally, Americans can now trade on the world’s largest prediction market.”
So far, Polymarket has self-certified and submitted to the CFTC just four event contracts. Three of those contracts are for general sports markets related to game winners, point spreads and point totals. A fourth filing was for election winners.
The new Polymarket app appears to be initially focused solely on the sports event contracts. One of the screenshots shared in the Polymarket App Store listing declares, “Markets on everything … but just sports for now.”
Elsewhere in the listing, it says that Polymarket offers “live sports trading,” but indicates more markets are to come.
“Coming soon: Geopolitics, election, news, tech, & culture polymarkets,” the listing states.
Users without an invite code are able to enter their phone number and join a waitlist to be alerted when Polymarket opens to more users. With the recent updates, the app now opens with sleek animation and smooth haptic vibrations.
Polymarket goes primetime on ‘60 Minutes’
On the public awareness front, Polymarket got another major boost on Sunday when Anderson Cooper interviewed Coplan for the lead story on CBS’s 60 Minutes.
While no news was broken, the 13-minute 60 Minutes piece did a good job of telling Coplan’s story and also explaining how prediction markets work to a new, largely unfamiliar audience. Besides Coplan, the story also included an interview with one of Polymarket’s biggest traders, Domer, who said he’s so far wagered more than $400 million on the platform.
While generally a positive story about Polymarket’s meteoric rise, Cooper did discuss with Coplan some of the legal battles and controversies the platform has faced. For example, Cooper questioned whether taking investments from the president’s son, Donald Trump Jr., and putting him on Polymarket’s advisory board was a way to protect the company.
While Coplan said the Trump Jr. connection was “definitely not to protect myself,” he did say “we’re in this (administration),” which he called “pro-innovation, and pro-crypto, and pro-Polymarket.”
When asked how many people use Polymarket, Coplan said “tens of millions” look at the odds, while “mid-hundreds of thousands of people” actively trade on the platform. Cooper then asked if Polymarket could achieve Coplan’s goal of reaching 1 billion people within 5 years. Coplan wouldn’t commit to that, but said it was a motivating force for Polymarket.
“A billion people is a lot,” Coplan said. “There’s gonna be a lot that we have to get right. The thing that drives me is that there are billions of people who could find value in this, which means until those people have Polymarket, are getting value from Polymarket, job’s not done.
Given Polymarket’s intention to first offer sports markets, a timely question not addressed in the 60 Minutes piece was the state and tribal pushback against nationwide sports event contracts. Ahead of Polymarket’s U.S. return, platforms like Kalshi and Crypto.com have been embroiled in legal battles with states that consider sports event contracts unlawful sports betting.
Watch the full 60 Minutes segment below:
Odds strongly suggest U.S. launch this month
When Cooper asked Coplan about how accurate Polymarket is at predicting future outcomes, the CEO said, “It’s the most accurate thing we have as mankind right now, until someone else creates some sort of a super crystal ball.”
If that’s true, then Polymarket is almost certainly launching sometime in the next 30 days. Polymarket’s own “Will Polymarket US go live in 2025?” market, which has attracted nearly $13 million in trading volume, saw “Yes” odds rocket up to as high as 96% following the 60 Minutes broadcast. Just prior to the airing, those odds were at 82%.
