Press & News

Allium Finds US Users Led $571M in Polymarket Political Betting Despite Ban

Allium's onchain analysis found US users placed roughly $571M in political bets on Polymarket despite the US ban. CoinDesk broke the story, and it was picked up across crypto media.

Allium's onchain research found that US users placed roughly $571 million in political bets on Polymarket despite the US trading ban. CoinDesk reported the finding, and it was picked up across crypto media.

The finding

By tracing activity onchain, Allium's data showed US-linked wallets leading political-market volume on Polymarket, a result that ran counter to the assumption that the ban had pushed that activity elsewhere.

The coverage

Original story: CoinDesk

Also covered by:

Malwa, S. (2026, July 3). Americans traded $571 million on Polymarket politic bets despite U.S. ban. CoinDesk.

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