Is Polymarkets the future of trading ?

1
I think you've heard about it
this is a site that allows the users to bet on almost anything
people trade on the outcomes of real-world events using cryptocurrency (primarily USDC). It functions like a stock market for future events rather than traditional sports betting or a casino with fixed odds
for example : every outcome has shares priced between $0.00 and $1.00.
the current price represents traders' beliefs in the probability of that outcome.
if "Yes" shares trade at $0.65, the crowd thinks there's roughly a 65% chance the event happens.
"Yes" + "No" shares on the same market always add up to $1.00

if you buy "Yes" shares at $0.65 and the event resolves Yes, each share pays out $1.00 → you profit $0.35 per share.
if it resolves No, the shares are worth $0 → you lose it all.

you can buy or sell shares at any time before the market resolves (closes and pays out), so prices fluctuate based on news, sentiment, and new information.

but the interesting part is that you can trade algorithmically the bets
and some people report quite some crazy returns
there are public APIs, real-time data, and an order book structure. This makes it programmable and suitable for auto trading.
you can retrieve past data via API so you can backtest on historical prices.

https://polymarket.com/
These users thanked the author ionone for the post (total 2):
ashdays, RodrigoRT7
Scalping the Century TimeFrame since 1999

Re: Is Polymarkets the future of trading ?

9
If you have some time, here is an incredible article about Polymarket new fast markets, typically BTC on 5 minutes.

https://dune.com/blog/polymarket-fast-m ... urce=email

In short :

Bitcoin's 5-minute markets account for 77% of fast market activity

Bots make up over 55% of the 5-minute markets trading volume

Polymarket has made $24M in 3 months from crypto markets

:D
These users thanked the author LittleCaro for the post (total 2):
FredericoA, Eis