#polymarket

#polymarket

Tremor tracks volatility on Polymarket , a prediction market that lets traders bet on the outcome of future events. The goal of Saravanan's new tool: Spot sudden swings and identify potentially valuable situations where insiders may know more than the general population. "If the chance of a ceasefire in a war jumps from 50% to 80%, but there's no news, it's likely someone with inside info is acting on Polymarket," Saravanan told me.

Polymarket, the prediction market platform, has raised $135.4M in funding according to a recent SEC filing, indicating a total offering of $257.5M from twenty-three investors.

Polymarket allows users to bet on likelihood of various future events including elections, sports, and pop culture, becoming synonymous with understanding current event probabilities.

Polymarket has acquired QCX, a Commodity Futures Trading Commission-licensed derivatives exchange, for $112 million, re-opening its platform to U.S. users in the near future.