Polymarket's Presidential election contract, which reached a staggering volume of over $3.6 billion, showcased the power of prediction markets in influencing political discourse.
The resolution process involved a two-hour challenge period on the UMA platform, allowing disputes over market outcomes, but ultimately there was no dispute regarding Trump's victory.
Theo, a French financial services professional, emerged as Polymarket's biggest winner with over $47.5 million in profits, raising concerns over potential market manipulation.
The market was only resolved once major news outlets—AP, NBC, and FOX—officially called the election, reflecting the reliance on credible sources in determining outcomes.
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