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Polymarket Study Estimates U.S. Users Drive 30% of Volume

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A study by Rutgers statistics professor Harry Crane estimates that U.S. users account for approximately 30% of Polymarket's total trading volume. The study estimates that U.S. users deposited between $10.6 billion and $26.7 billion from May 2025 to late April 2026. U.S. users reportedly bypass the 2022 ban by using VPNs.
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