The largest prediction market Polymarket to acquire QCEX is about to return to the US market. Just in the past few days, Polymarket's first TG Bot Polycule data has been done:
- Two months after its birth, Polycule has accumulated a cumulative trading volume of ~$5.4m, mainly from mid-to-late June to the present (there are some differences from the official caliber, this error should decrease over time)
- The average daily trading volume in the past week is between $50k-$100k, currently accounting for about 0.2%-0.3% of Polymarket's daily trading volume
- Accumulated 310 trading users, with an average of about 40-50 per day; If you count non-transacting bot users, you accumulate more than 6k
- Polycule started charging on June 29 and currently collects a total of $10,900, of which 30% of the fee will be used to buy back PCULE. The first buyback was completed on July 17, repurchasing 501,642.02 PCULE at $2,936.15
TG Bot's business model is still relatively clear, just look at how large the prediction market can be in the future
Finally, thanks to @polycule_bot @top_jeet_ for help
Data:
Show original
4.97K
4
The content on this page is provided by third parties. Unless otherwise stated, OKX is not the author of the cited article(s) and does not claim any copyright in the materials. The content is provided for informational purposes only and does not represent the views of OKX. It is not intended to be an endorsement of any kind and should not be considered investment advice or a solicitation to buy or sell digital assets. To the extent generative AI is utilized to provide summaries or other information, such AI generated content may be inaccurate or inconsistent. Please read the linked article for more details and information. OKX is not responsible for content hosted on third party sites. Digital asset holdings, including stablecoins and NFTs, involve a high degree of risk and can fluctuate greatly. You should carefully consider whether trading or holding digital assets is suitable for you in light of your financial condition.