Decentralized prediction market platform Polymarket saw $5.33 billion in trading volume in September, its largest month on record, according to Cryptoslate, amid anticipation of the November U.S. presidential election and geopolitical tensions in the Middle East. The platform's September trading volume increased by $61.15 million month-over-month. During the same period, 84% of Polymarket's bets were on elections, with other geopolitical and financial predictions including “whether the Israeli army will enter Lebanon” and “what the US Federal Reserve will do to the US interest rate.
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