Polymarket's trading volume reached $25.7 billion in March, driven by retail users.

According to a joint report by Bitget Wallet and Polymarket, Polymarket's transaction volume reached $25.7 billion in March. Based on research of 1.29 million active wallets in Q1 2026, 82.3% of users traded less than $10,000, indicating that the platform's users are primarily retail users. User activity days increased from 2.5 days to 9.9 days, and the average number of trading categories per user increased from 1.45 to 2.34. Sports became the largest category in Q1, with a transaction volume of $10.1 billion; the political category had a transaction volume of $5 billion, of which geopolitical related items accounted for $2.41 billion; the crypto category accounted for approximately 40% of early user activity, making it a major entry point. The report defines this trend as a behavior-driven rather than capital-driven change, with users returning more frequently and switching between multiple categories. The industry projects annual transaction volume to reach $240 billion by the end of 2026, with a long-term target of $1 trillion.