As Trading Volume Soars: Polymarket Annualized Revenue Surpasses $1.8B

Prediction market platform Polymarket has gone over the $1.8 billion mark in annualized revenue, signaling a sharp increase in business activity in the context of the constantly growing trading volumes in the United States. Sports and Combo Events, in the Lead The company, which was forced to pause trading after it was hit by a hackers’ attack that took $2.7 million from it at the end of last month, disclosed the figure to CNBC on Tuesday, November 10, 2026. The number represents a significant jump from June, when Polymarket reported an annual revenue run rate of more than $1 billion, shortly after launching its domestic exchange in May. Much of the growth is coming from the US platform, which operates separately from Polymarket’s international decentralized finance exchange. According to data provided by analytics platform TickerTracker, the domestic exchange gathered at least $14.5 billion in notional trading volume in the previous month, from roughly $4 billion in June. As expected, sports have played an important role in drawing in more traders, with the FIFA World Cup helping drive activity during the summer and the start of the NFL season in September bringing another huge wave of interest. Another important contribution was noticed in the field of Combo event contracts, which resemble multi-leg parlays offered by traditional sportsbooks, enabling users to combine several outcomes into a single position. On Sunday, November 8, they accounted for more than 70% of all trading volume on Polymarket, once again emphasizing the growing appeal of these products. Regulatory Hardships and Political Scrutiny The revenue milestone also comes as the company is interested in pursuing a fresh $1 billion funding round at a reported valuation of $21 billion. The fundraising effort reflects growing investor interest in prediction markets, which allow participants to trade contracts tied to the outcomes of real-world events. Polymarket’s fast-paced expansion, nonetheless, brings plenty of regulatory challenges, with the Commodity Futures Trading Commission (CFTC) currently conducting a broad investigation into the company. The CFTC is looking to see if Polymarket’s advertising strategy violated a previous settlement that did not allow US residents to access its international exchange. Political scrutiny could also increase, with the Democrats in Congress possibly deciding to take a closer look at the industry, partly because Donald Trump Jr. serves as an adviser to Polymarket. The company has previously said it is willing to engage with lawmakers as regulators and politicians examine the rapidly expanding sector. “We welcome scrutiny,” a spokesperson told CNBC. For Polymarket, the challenge now is maintaining its growth while navigating an increasingly complicated regulatory environment.