ON–351: Onchain Culture Part 2 🌐
Coverage on Polymarket, Virtuals, pump.fun, Clanker, Star Atlas
📝 Editor’s Note:
Good morning, and welcome to OurNetwork’s latest, the second part in a two-part series looking at the onchain dynamics behind crypto's more culturally significant applications.
Thanks to Peter, Haisenberg, Seoul Data Labs, Feyikemi and smartymetrics for providing the coverage below.
– ON Editorial Team
Onchain Culture Part 2 🌐
Polymarket | Virtuals | pump.fun | Clanker | Star Atlas
Polymarket 🔮
👥 Peter | Website | Dashboard
📈 Polymarket is Growing Fast — and Getting it Right Thanks to Rising Volumes, Consistent Usage, and Over 90% Predictive Accuracy
Polymarket, a decentralized prediction market on Polygon, has processed over $15.2B across 114M trades, with $1.13B in the past month alone. Volumes have been growing for five consecutive months after a post-election dip. Polymarket now processes five times more volume than all competitors combined. This is despite hosting 65% fewer markets than Kalshi, a key competitor with Polymarket.
Dune - @petertherock
Polymarket’s velocity, a measure of how quickly bets cycle through the platform, rose five months in a row, hitting 0.029 in May (vs 0.014 in Jan). Politics (0.046) and Sports (0.029) lead due to constant headlines and fast-moving outcomes. Crypto lags at 0.014, as it attracts steadier, conviction-driven bets around long-term themes.
