TL;DR:
- Polymarket’s annualized revenue rate surpassed $1 billion following the removal of its waiting list in the U.S. market six weeks ago.
- Daily trading volume on the regulated U.S. platform surged from $50 million in mid-May to over $200 million by June 20, 2026.
- A journalistic investigation analyzed 1,105 videos where content creators simulated financial trades without disclosing that they received payments from the company.
The prediction markets platform Polymarket surpassed an annualized revenue run rate of $1 billion, coinciding with accelerated growth in its global trading volume during the month of June 2026.
Polymarket annualized revenue surpasses $1 billion six weeks after its U.S. exchange launch https://t.co/cd1iZrFnRD
— CNBC (@CNBC) June 26, 2026
This financial milestone comes approximately six weeks after the firm removed the waiting list from its mobile application for users in the United States, facilitating direct access to its regulated market. According to the report presented by CNBC, the current momentum in trading activity is largely driven by the ongoing FIFA World Cup, a sporting event that has concentrated thousands of digital contracts tied to its outcomes.
Trading Volume Expansion and Operational Milestones
Trading records compiled through Dune Analytics reflect a substantial increase in the volume traded within Polymarket’s U.S. division. In mid-May 2026, daily turnover stood at around $50 million, a figure that climbed above $200 million daily toward June 20, 2026. Concurrently, the international platform recorded historic peaks in its weekly volumes, reversing the slowdown observed during April and May of the same year.
The U.S. division began formal operations in December, after clearing a period of reviews by the Department of Justice and the Commodity Futures Trading Commission (CFTC). According to official documentation, these agencies concluded their previous investigations without filing criminal charges, allowing the entity to currently operate under the direct supervision of the CFTC.
A Polymarket spokesperson noted that the company has dedicated the last five years to building the world’s largest prediction market and is now applying that experience to consolidate institutional-grade liquidity on its North American platform.
Legislative Scrutiny and Lawsuits Over Advertising Practices
Despite the growth in turnover, the company’s promotional strategies face questioning at the federal level. U.S. Senators John Curtis and Adam Schiff issued an official letter addressed to Michael Selig, Chairman of the CFTC, requesting an immediate inspection of Polymarket’s digital marketing campaigns.
According to the letter, the lawmakers argue that the firm’s public behavior does not resemble a sober financial market focused on price discovery, expressing concern that the agency may not be enforcing current legislation appropriately.
The political pressure coincides with an ongoing CFTC investigation regarding the use of content creators to promote the platform. A report published by the Wall Street Journal detailed that Polymarket allegedly funded influencers to record simulated trades on test websites that mimicked its real interface.
The journalistic analysis of 1,105 videos revealed that none of the creators disclosed receiving financial compensation. The technical report adds that nearly 10% of these materials used modified images to suggest gains close to $900,000, when in reality the positions would have generated losses exceeding $166,000.
Furthermore, the National Association of Consumer Advocates (NACA) formally filed a civil lawsuit in Washington, D.C., against Polymarket, its CEO Shayne Coplan, and Chief Marketing Officer Matthew Modabber. The institutional complaint contends that the company employed layers of advertising manipulation targeted at college students without clearly warning them of the financial risks associated with capital loss.
The litigation, managed by the law firm Vaca Daffan, demands the imposition of financial penalties and the immediate cessation of the contested marketing methods.
