Platform snapshot. Polymarket is headquartered in Manhattan, New York City and was founded by Shayne Coplan. Participants typically deposit USDC via the Polygon blockchain network and then trade shares that represent the likelihood of specific future outcomes.
A practical overview of Polymarket, a prediction market platform that uses the Polygon network for USDC deposits and fast settlement.
What people use it for. Popular market categories include politics and legislation, macro and economic indicators, sports and entertainment awards, technology, and weather. The core idea is simple: a market price can act like a continuously updated probability estimate.
An American cryptocurrency-based prediction market launched in 2020. Users trade outcome shares for real-world events like elections, economic indicators, weather, awards, and more.
Polygon enables low-fee, fast transactions for USDC deposits and withdrawals, helping markets update quickly as information changes.
Instead of traditional odds, you buy or sell shares tied to outcomes. Prices reflect market-implied probabilities that can shift in real time.
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Starter plan
Most popular plan
For & agencies
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Accuracy and limitations. Researchers and commentators have debated how efficiently prediction markets aggregate information. Market prices can be influenced by liquidity, trader behavior, and large positions, so probabilities should be interpreted carefully.