Valuation Questions Loom Over Polymarket

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ICE recently valued Polymarket at $9B based on $25B in reported volume — but those numbers may now be in doubt. Dune reported a record $3.7B in monthly volume for November, which could be double the real figure if Paradigm’s findings hold true. The discovery may soften the perception of Polymarket’s explosive growth.

[Abdul Khan]

Polymarket hype is great, but transparency still matters.

[Nahid Hossen]

Valuation doubts usually surface when growth accelerates too fast.