Most Polymarket users trade at a loss
Researcher defioasis analyzed the profitability of Polymarket users and found that income is heavily concentrated among a small group of traders. Out of more than 1.7 million addresses, around 70% recorded losses, while only 30% were profitable, with 25% of those earning less than $1,000.
Source X
Just 0.0385% of addresses accumulate over 70% of the platform's total profits, indicating a strong inequality in income distribution. For most retail users, Polymarket functions more like a lottery, whereas the main profits go to a very small pool, likely "insider" accounts.
These findings raise concerns about transparency and fairness on Polymarket and highlight potential calls for increased regulation of such trading platforms.
