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Polymarket Says Annualized Revenue Tops $1.8 Billion

Kalbir Talwar
Published Nov 10, 2026
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Summary:
  • Polymarket told CNBC Tuesday its annualized revenue now tops $1.8 billion, up from a run rate above $1 billion in June.
  • Its U.S. exchange, launched in May as a separate venue from its international DeFi platform, saw notional volume jump from $4 billion in June to more than $14.5 billion in October, per TickerTracker.
  • Since June, the company has started a $1 billion funding round valuing it at $21 billion, while the CFTC investigates and a Democratic congress may step up scrutiny given Donald Trump Jr.'s advisory role.

Growth engine in the U.S.

Polymarket said Tuesday its annualized revenue has moved past $1.8 billion, building on a run rate above $1 billion it disclosed in June after launching a domestic exchange in May. That U.S. venue operates apart from its decentralized finance international platform, and it is where the recent spike in activity is concentrated.

Data from TickerTracker shows the domestic exchange's notional volume at $4 billion in June and above $14.5 billion by October. The surge coincided with marquee events, including summer's FIFA World Cup and the NFL season kicking off in September.

What is trading and how

Combo event contracts - bundled bets similar to multi leg parlays in sportsbooks - have added fuel. On Sunday, they represented more than 70 percent of trading on the platform.

Funding and friction

Since June, Polymarket has begun a new $1 billion raise that values the company at $21 billion. At the same time, it is facing near term headwinds. The Commodity Futures Trading Commission is running a broad investigation, including questions about advertising and whether the company previously violated a settlement requiring it to block U.S. residents from its international exchange.

When markets and platforms evolve quickly, investors benefit from smarter tools. We're hosting our first ever investor livestream on 11/17 to show you how to use ChatGPT and Claude to invest like a pro, hosted by Briefs Finance CEO Jaspreet Singh. Save your seat.

The company could also see added attention from a Democratic congress, in part because President Donald Trump's son, Donald Trump Jr., is an advisor. Polymarket has said it intends to work with lawmakers as they get up to speed on prediction markets. "We welcome scrutiny," a spokesperson said.

Learning how to use new technologies can help steady your investing edge. On 11/17, our CEO Jaspreet Singh goes live for our first ever investor livestream on how to use ChatGPT and Claude to invest like a pro. Register to join him.

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