Donald Trump is set to become the next President of the United States. Now, crypto prediction market Polymarket—which has seen its status supercharged by political betting—has resolved its flagship market on who would win the race—after seeing over $3.6 billion worth of volume.
At the time of writing, there’s roughly an hour left in the Polymarket dispute window. During this time users have the opportunity to challenge the resolution. However, this seems unlikely as the clear “resolution source” defined by the market has been met following the The Associated Press, Fox, and NBC all calling the election in favor of the Republican candidate.
Polymarket allows users to bet on a range of different events and topics, called markets. This year the protocol has seen raging success as it became the go-to spot for people to speculate on the U.S. Presidential election among other things. The prediction market became a key source that non-crypto-native media publications—such as The New York Times—would use in absence of traditional pol
ls.