Polymarket's Builder ecosystem has some interesting data this week — the number of weekly trading users has first surpassed 6,000.
The interesting part is that trading volume is monopolized by betmoar and a few top players, but on the user side, it's a completely different situation. Multiple Builders each have their own unique skills and can attract and retain many users.
Currently, there are 4 Builders with over 1,000 cumulative traders: Polymtrade, Polycule, Based, and betmoar. Among them, Polymtrade is far ahead, accounting for about 30% of the weekly share, and is also the first Builder to break 4,000 cumulative trading users. Based, leveraging front-end experience accumulated on other platforms, has secured just over 10% of the share. Polycule is a bit unfortunate; it was hacked some time ago, and recovery might be difficult. Although betmoar doesn't have as many users, the user quality is good — the average bet amount per user is significantly higher.
Additionally, it is worth noting that users coming through wallet channels convert at an astonishingly fast rate. At this momentum, the total number of traders next week is expected to break into the thousands.
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New_Ser_Ngmi
· 7h ago
This situation is twisting into a knot, Polymtrade directly eats 30% of the meal.
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Blockblind
· 7h ago
Wallet traffic diversion is truly amazing, with conversions happening at an incredible speed. How to defend Polymtrade's 30% market share?
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WhaleMistaker
· 7h ago
Polymtrade is so popular, why hasn't it run away yet?
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DYORMaster
· 8h ago
The quality of users connected directly to the wallet is really different, and the conversion is super fast.
Polymarket's Builder ecosystem has some interesting data this week — the number of weekly trading users has first surpassed 6,000.
The interesting part is that trading volume is monopolized by betmoar and a few top players, but on the user side, it's a completely different situation. Multiple Builders each have their own unique skills and can attract and retain many users.
Currently, there are 4 Builders with over 1,000 cumulative traders: Polymtrade, Polycule, Based, and betmoar. Among them, Polymtrade is far ahead, accounting for about 30% of the weekly share, and is also the first Builder to break 4,000 cumulative trading users. Based, leveraging front-end experience accumulated on other platforms, has secured just over 10% of the share. Polycule is a bit unfortunate; it was hacked some time ago, and recovery might be difficult. Although betmoar doesn't have as many users, the user quality is good — the average bet amount per user is significantly higher.
Additionally, it is worth noting that users coming through wallet channels convert at an astonishingly fast rate. At this momentum, the total number of traders next week is expected to break into the thousands.