Data: 70% of traders on the Polymarket platform incur losses, while the top 0.04% addresses earn 70% of the profits.

robot
Abstract generation in progress

Mars Finance reports that, according to CryptoNews, blockchain analytics firm DeFi Oasis’s data shows that among Polymarket’s over 1.7 million trading addresses, approximately 70% of addresses experienced losses, while only 30% of addresses were profitable. The survey results indicate that less than 0.04% of addresses accounted for over 70% of the total realized profits, totaling $3.7 billion. The most profitable traders earned returns between $0 and $1000, accounting for 24.56% of all addresses, but only 0.86% of the total profits. Those who earned more than $1000 in bonuses need to be among the top 4.9% of participants.

View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
0/400
No comments
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
English
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)