Polymarket weekly revenue tops $11 million, hits all-time high
Polymarket's weekly revenue exceeded $11 million, an all-time high for the prediction market platform, according to Odaily. Total protocol revenue has now surpassed $97 million. The record comes as prediction market volume has surged on sports event contracts during the World Cup. Polymarket operates as a CFTC-regulated exchange after acquiring licensed exchange QCEX in 2025. The platform's annualized revenue run rate crossed $1 billion in late June, roughly six weeks after its U.S. exchange launch.
The $11 million weekly revenue figure gives Polymarket a fresh benchmark to press against Kalshi's reported $22 billion valuation and IPO push. The platform must now convert World Cup-driven retail flow into sticky volume before the tournament ends. The DRW, Wintermute, and IMC market-making desks already in place need proof that Polymarket can handle sportsbook-size flow without slippage or settlement failures.
A clean revenue window keeps institutional order flowing to Polymarket rather than splitting toward Kalshi or newer entrants. But the Ronaldo crying market shows how subjective resolution risk can crater trust in a single contract. One disputed cultural-moment settlement would hand state attorneys general concrete evidence that event contracts lack derivative-grade certainty. That liability sits on the same balance sheet as this revenue record.