This photo shows a setup screen displaying the logo and homepage of Polymarket, an American cryptocurrency-based prediction market platform, in Saint-Mande, East of Paris, on April 29, 2026.
Martin Lelièvre | AFP | Getty Images
Prediction market platform Polymarket’s annual revenue is now well over $1 billion, the company exclusively shared with CNBC on Friday.
Polymarket’s disclosure comes six weeks after the company was released from the U.S. exchange’s waiting list. Polymarket operates separately from international decentralized finance platforms.
The FIFA World Cup has also contributed to the surge in trading volumes on various prediction market exchanges since the start of the tournament.
Trading volume on the company’s U.S. platform rose from about $50 million a day in mid-May to more than $200 million a day as of June 20, according to data from Dune Analytics. On Polymarket’s international platform, total weekly trading volumes surged to an all-time high amid the World Cup boom, after experiencing declines in April and May.
The US exchange was established in December and was developed after Polymarket was initially banned from operating in the country in 2022 for not properly registering with regulators. In July, the Commodity Futures Trading Commission and the Department of Justice closed their investigations into the company without charges, and Polymarket US continues to operate as a CFTC-regulated exchange.
Polymarket’s U.S. platform was on the waiting list starting in December and six weeks ago, when it was removed for users of the platform’s mobile app. A desktop version is not yet available, and users in the US are directed to scan a QR code on the company’s website to download the app and make transactions.
“Polymarket is a product-driven company,” a spokesperson said in a statement to CNBC. “We’ve spent the past five years building the world’s largest prediction market and understanding how people engage with markets at scale. We’re applying those learnings to our U.S. platform, where we’re focused on intuitive market experiences, institutional-grade liquidity, and a consumer experience that sets the standard for this category.”
