Explainer
What is Polymarket?
Polymarket is a prediction market on Polygon blockchain. Traders buy yes/no shares in real-world outcomes —
elections, sports, crypto prices, policy decisions, anything with a binary outcome and a future date.
A winning share pays $1. A losing share pays nothing. The price at any moment is the market's
live probability estimate for that outcome.
The 2024 US presidential election saw over $3.6 billion traded on Polymarket alone —
more than any prediction market has ever processed for a single event.
Total platform volume crossed $8 billion.
How Polymarket settles
When a market closes, Polymarket reads the result from an oracle and settles automatically.
$1 per correct share lands in your wallet. No manual payout, no counterparty.
Everything runs on-chain.
What you need to trade
- A Polygon wallet — PolyGun can create one for you inside Telegram
- USDC on Polygon — this is the base currency for all Polymarket trades
- A way to monitor markets and execute fast — that's what PolyGun is for