Polymarket's trading volume in March reached $25.7 billion, driven by retail users

According to a joint report by Bitget Wallet and Polymarket, Polymarket's trading volume in March reached $25.7 billion. Research based on 1.29 million active wallets in the first quarter of 2026 shows that 82.3% of users had trading volumes below $10,000, indicating that the platform is dominated by retail users. The average number of active days per user increased from 2.5 days to 9.9 days, and the average number of trading categories per user expanded from 1.45 to 2.34.

Sports became the largest category in the first quarter, with a trading volume of $10.1 billion; the political category generated $5 billion in trading volume, of which geopolitical events accounted for $2.41 billion; the crypto category accounted for about 40% of new users' early activities, serving as a primary entry point. The report defines this trend as a shift driven by behavior rather than capital, with users visiting more frequently and rotating among multiple categories. The industry predicts that by the end of 2026, the annual trading volume will reach $240 billion, with a long-term goal of $1 trillion.