Polymarket Records $91 Million in Fed Decision Trades, Biggest Market History

Polymarket’s decentralized prediction market for the December Federal Reserve decision has reached a record-breaking milestone: generating $91 million in trading volume. This is the largest event market in Polymarket history and marks a significant surge in engagement from institutions. Contributing factors include growing institutional participation and heightened interest in macroeconomic predictions, driving a 15% rise in Ethereum’s gas fees.