{"id":411889,"date":"2025-11-21T13:17:30","date_gmt":"2025-11-21T07:47:30","guid":{"rendered":"https:\/\/dripp.zone\/news\/polymarket-seeks-12-billion-valuation-after-record-breaking-month-crypto-news\/"},"modified":"2025-11-21T13:21:53","modified_gmt":"2025-11-21T07:51:53","slug":"polymarket-seeks-12-billion-valuation-after-record-breaking-month-crypto-news","status":"publish","type":"post","link":"https:\/\/dripp.zone\/news\/polymarket-seeks-12-billion-valuation-after-record-breaking-month-crypto-news\/","title":{"rendered":"Polymarket Seeks $12 Billion Valuation After Record-Breaking Month – Crypto News"},"content":{"rendered":"

<\/p>\n

October was Polymarket\u2019s busiest month ever, with November on track to surpass those activity records. <\/p>\n

\n

The prediction market space has graduated from a hyped niche to an all-out frenzy, with Kalshi and Polymarket volumes soaring and legacy betting sites such as DraftKings entering the fray.<\/p>\n

Polymarket is capitalizing on the fervor as it seeks to raise yet another round of funding, this time at a $12 billion valuation, according to Bloomberg<\/a>.<\/p>\n

After eclipsing $3 billion<\/a> in total volume in October, the decentralized prediction market is on track to reach $3.5 billion in November. It is worth noting that November volumes may have been front-loaded due to the attention surrounding the NYC Mayoral election, which accounted for nearly $430 million<\/a> in total volume.<\/p>\n

Polymarket Volume – Dune Analytics <\/figcaption><\/figure>\n

Attention and excitement surrounding the company\u2019s go-to-market strategy have increased among the crypto crowd over the last few months, after Polymarket CMO Matthew Modabber appeared on a podcast and stated<\/a> that \u201cthere will be a token, there will be an airdrop.\u201d<\/p>\n

Modabber added that the priority at hand was launching Polymarket US, which has been advertised as coming \u201csoon\u201d since the beginning of Q4. However, the odds of \u201cWill Polymarket US go live in 2025\u201d have plummeted<\/a> over the last week.<\/p>\n

The market traded above 90% for roughly two months, but tumbled from 94% to 75% over the last seven days.<\/p>\n

\"Polymarket\"
Polymarket<\/figcaption><\/figure>\n<\/div>\n","protected":false},"excerpt":{"rendered":"

October was Polymarket\u2019s busiest month ever, with November on track to surpass those activity records. The prediction market space has graduated from a hyped niche to an all-out frenzy, with Kalshi and Polymarket volumes soaring and legacy betting sites such as DraftKings entering the fray. Polymarket is capitalizing on the fervor as it seeks to […]<\/p>\n","protected":false},"author":2,"featured_media":411890,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[6],"tags":[274,273,272,244,266,271,268,270,269,267],"class_list":["post-411889","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-de-fi","tag-crypto-finance","tag-decentralized-finance","tag-liquidity","tag-metamask","tag-pancake","tag-slippage","tag-sushiswap","tag-tronlink","tag-trust-wallet","tag-uniswap"],"_links":{"self":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/411889","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/comments?post=411889"}],"version-history":[{"count":1,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/411889\/revisions"}],"predecessor-version":[{"id":411891,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/411889\/revisions\/411891"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media\/411890"}],"wp:attachment":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media?parent=411889"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/categories?post=411889"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/tags?post=411889"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}