PANews Data: 63% of short-term markets on Polymarket had zero transactions in the past 24 hours, with 505 top contracts accounting for 47% of the trading volume.

PANews January 8 News, PANews recently analyzed 295,000 historical market data points from the Polymarket platform. The data shows:

  1. More than 60% of short-term markets have become “zombies”: among active markets with a cycle of less than 1 day, 63.16% of contracts had a 24-hour trading volume of 0.
  2. Lack of liquidity in crypto short-term trading: the average trading volume in short-term sports markets ($1.32 million) is 30 times higher than in crypto ($44,000), indicating a lack of capital support for crypto short-term predictions.
  3. Extreme head effect: only 505 super contracts with a trading volume of over $10 million (a very small proportion) account for 47% of the total trading volume across the platform.
  4. Large funds favor long-term: the average liquidity for long-term predictions (>30 days) is 45 times that of single-day markets, with U.S. political predictions leading at an average of $28.17 million.
  5. Geopolitical rise: this sector accounts for 29.7% of active engagement, becoming the fastest-growing track. Data indicates that Polymarket is differentiating into “high-frequency sports betting” and “macro political hedging,” with liquidity highly concentrated in a very small number of top narratives.
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to Disclaimer.

Related Articles

Raoul Pal calls for ETH: based on the current trend, it has the potential to outperform BTC over the long term

Raoul Pal said the ETH/BTC exchange rate trend shows that ETH will outperform BTC as the business cycle and liquidity rebound. He emphasized that ETH, as a smart contract platform, will have a larger market size, while BTC mainly serves as a store of value. He predicted that Bitcoin will reach the peak of the bull market in the second quarter of 2026, and believes the current period is an extended five-year supercycle.

MarketWhisper22m ago

XRP zooms 5% on bitcoin strength, but trend reversal still unconfirmed

XRP has broken above resistance at $1.37, indicating a potential tactical breakout, though the overall trend remains bearish. Key technical signals and strong volume suggest some accumulation, but market conviction is mixed. Traders should monitor price levels around $1.37 and aim for a significant test at $1.40-$1.42.

CoinDesk1h ago

The U.S., Israel, and Iran agree to a temporary ceasefire: oil prices plunge, and Bitcoin briefly breaks through $72k

Global geopolitical conditions have entered a major turning point at the very last moment, and the see-saw effect between safe-haven assets and risk assets has once again reached its peak. With less than an hour and a half remaining before the “final deadline” set by U.S. President Donald Trump, the situation has shifted dramatically.

InstantTrends3h ago

U.S.-Iran ceasefire drives Bitcoin higher—will this be a short-term rebound or the start of a new bull market?

Affected by the U.S.-Iran ceasefire agreement, the cryptocurrency market rebounded noticeably. Bitcoin briefly broke above $72,700, then fell back to around $71,695, with a gain of 4.3%. Analysts said this rally may be driven by short-term liquidity, while the long-term outlook remains uncertain; investors should watch changes in the macroeconomic environment and the situation in the Middle East.

GateNews3h ago
Comment
0/400
No comments